This is absolutely 💯 correct, hence we have Porsche, Mercedes-Benz, Ferrari, Bentley and Lamborghini biggest dealerships in the Southern Hemisphere. Also your elite brands like LV, Prada, D&G, Gucci, Jimmy Choo etc are found in South Africa 🇿🇦 and 🇪🇬 in the African continent.
Not something to be proud of. It literally says that Western companies see SA as a bigger source of capitalization and exploitation. What about SA brands? Wouldn’t it be great to see local brands all across SA? Only local brands in SA making waves are AMA Kip Kip, grandeur and a few others so what you said is not a flex.
@boggeststeppa1, they may not have Mazda but they’ve got their own local brands. You think what you’re saying is a flex and it’s not. It just shows that SA is more exploited by Western companies and serves Western capitalists. Hence, the huge inequality gap in SA
@@YT-xk5jl It absolutely is something to be proud of. BMW and Mercedes don't just sell cars in SA, they build them here too. They also build their software in SA-based technology hubs while funding students. And they're far from being the only ones. Amazon's AWS was built here and they're building out one of the biggest technology campuses in the country. It's not just about selling cars, it's about much more than that but you wouldn't know.
In 1932 it was estimated the annaul spending power of Black South Africans to be between £25 - 30 million and today it's R400 billion per year. We have always been the most accomplished and the riches black people in Africa. We've always been ahead in all areas
@@JustinClark-r4z " Despite its vast development needs, Nigeria spends only $220 per Nigerian per year, and at merely 12% of GDP, this is one of the lowest levels of spending in the world. Unfortunately, low public spending translates into poor development outcomes. The country is among the eight economies with the lowest human capital in the world, ranked 167th out of 174 countries on the World Bank’s Human Capital Index. As a result, a child born in Nigeria today will only be 36% as productive when he grows up as he could be if he had access to effective education and health services."
Even in your country Nigeria there have a big spending power, SA only spend at the end of the month, i heard Nigeria there spending every day,lol our spending power are scattered across the world, we have over 700 THOUSAND nigerians in America, their purchasing power alone is more than all the black SA, LOL, we have 500k Nigerians in UK, their spend power alone in more than the whole of black SA, lol, Nigerians in China have more spending power more than black SA, Nigerians in Germany have more purchasing power than all the black SA, only 5 million Nigerians have more spending power than the whole of black SA, bro we spend everyday and black SA have just 1 or highest 2 kids, but an average Nigeria have between 5-7 kids meaning more spending and we pay in cash not installment
@@JustinClark-r4zhow can u not spend money everyday tht u dont work for😂😂😂. We spend wisely coz we work for it, we are getting richer nd richer than scamming nd selling drugs
It's expected..GDP per Capita of South Africa 🇿🇦 is $7055 and Nigeria 🇳🇬 is $2065..So South Africas GDP per Capita is triple the amount of Nigeria so that's why 🇿🇦 they have disposable income to afford lifestyle comforts
GDP per Capita of a country is a function of the relationship the citizens have with their economy. Many Nigerians are fixated in amassing as much money rather than expenditure within the economy. This leads to a very thin middle class, and without a strong middle class, there is no hope of economic prosperity. Nigerian society must take a close look in the mirror and see themselves for who they are.
@@mbhekitembe2179 we know who we are. We have a lot of corruption and no trickle-down of resources from the top of the pyramid. What we need is for all of the Nigerians from the diaspora to come back home. I will say this… the mindset of Nigerians needs to change, we are so beaten down and have a negative outlook.
Key to understanding the difference : All the billionaires in Nigeria are Black and indigenous participants in the economy ! less than 10 families - descendants of colonials account for 90% of S.A economy -- take their contribution out and calculate the gdp per capita of the rest -- it will be nothing to write home about.
With SA rand being strong so far we have 200rands a high currency and wish that never happened and hopefully we don't start using a 500rand note then u will tell that we are slowly becoming like Nigeria Niara and other African currencies that has a 2000 to 1000 000 note bill. It's time we got rid off the ANC and bring the DA to take SA to the top because I don't think the Nationalist EFF wannabe PRO Pan-African crew can fix SA economic mess resulted from the poor ANC mis Mismanaging off SA taxes since 1994 and failing fully to fix the imbalances off wealth, lands and inequalities left by the apartheid gov. The ANC tried a bit to fix the errors off Apartheid out of 10 may give them 3. Now we need a new party neither the EFF or the ANC but the DA to test SA democratic systems.
Bro this people cant beat Nigeria, Nigeria purchasing power is scattered all over the world, even in their country Nigerians there have a big spending power, SA only have purchasing power at the end of every month, after that everything in that country becomes dull, Nigeria in that country spend money every day
Have you been to SA before, black SA can never have a purchasing power more than Nigeria, this people only power every end of the month and after that they are broke, but Nigeria do business every day, go all the major market in Nigeria, an average south have 1-3 kids, but in Nigeria you will see someone have 5-7 kids
NIGERIA Already has proudly Nigerian founded and manufactured Motor brands, The one of the ways we can support Nigeria is by finding their way in the South African motor industry Market... There's too much bragging on social media as NIGERIA is always compared to be better than South Africa... But as South Africans we're mostly interested to support our African countries, That's why South Africa is developing Ghana roads and railways..
Why Nigerians always compare and jealousy so against South Africa, we are just a 30 years old Democratic Country with 58 million + population, who are still trying to find their feet, South Africa is competing against South Africa.
We are no envious of South Africa. Arise is merely using these indices to tell our government the honest truth about the economy and it effects on the welfare of Nigeria. The average cares less only hustling is what matters.
They are Owned by South Africans , Complexion has Nothing to do with Substance , It's What you do with your Profits , Do you invest in your Country or London like your Rich Black Millionaires. Ignorance is not Bliss. @@JustinClark-r4z
More South Africans have dumped DSTV as well hence the drop in revenue and numbers from SA is more than the ROA but still more turnover and profit from DSTV SA than ROA, that speaks of Purchasing Power.
@@molefemokhine9557 Well, DSTV is a South African company, so, it is normal to have a stronger presence there. There are other (smaller) companies competing against it in Nigeria. However, the poor performance of the Nigerian currency is equally hurting the spending power of Nigerians. There are many issue; the government seems overwhelmed. One major problem is that, though Nigeria is not a unitary state, its federal government, over the years has been running it as one! It used its advantage with the military to manage it almost as a social state. This prevented its different component 36 states (economies), and private enterprise from investing in important sectors, example: electricity, sea ports, rail, etc. Now, undoing those years of social policies is proving hellish!
South Africa has more disposable income than Nigeria.........maybe there is no light and disiel is expensive....so we can't watch tv ....... A bag of rice costs 75k , one crate of egg costs 5k..... na statistics and tv we go chop
@@frankytalks7941 south Africa generates over 35k megawatts of electricity for a fraction of the Nigerias population while naija has been sweating with 3-5 megawatts with frequent grid collapse.....here generator is the main supply while nepa is on standby
@@seektruth5750 Nigeria GDP (ppp ) 1.4 trillion. nigeria has more purchasing power. GDP (nominal) not confirmed because Naira is still ustable and still moving up and down. currently around N1,300 which will make Nigeria gdp above 400Billion
@@jidebolarinwa697 do you lie everyday or just sometimes? Population doesn’t equate to buying power, go google the two counties on that and come back , or not
Many people have said that population size alone is insignificant. This strengthens the argument as to how countries with smaller populations are wealthier like Norway, Sweden, Finland etc.
South Africans have always had more purchasing power than Nigerians even during apartheid, our standard of living is way too higher than of Nigerians thats why you see SA not sending millions of its poor broke unskilled uneducated people to Nigeria fir better life but Nigeria does that to SA. I think Nigeria should compare itself with Togo, Zimbabwe, Somalia, Congo etc countries that are on the same level with it
True brother. In fact before ANC messed things up SA used to be compared to Germany, UK, France in engineering (Denel), petroleum (Sasol), wines (western cape region), roads network and city infrastructure (Johannesburg). We are now so lowly ranked, we have lost our prestige.
@@cecilmahlaba9369 Black South Africans were very poor during apartheid, they couldn't afford such things, yes I am not an ANC fan . But during their time poverty really decreased.
@@mashobane6177 Thats not true. We were still the richest blacks in Africa during apartheid and produced the first billionaire in Africa you just ignorant. We had higher standards of living than all blacks even during apartheid. The only blacks to ever compete with us in standards of living is Botswana but during apartheid, they were poor
Ayo actually does have a point about streaming services...check cable subscription trends in the US over the last 15 years vs streaming services and you might be surprised at what you see...
Both Netflix and RU-vid are streaming services. They operate differently. You tube has paid (premium) and free subscription (revenue through ads). You Tube generates far more revenues.
@@pageantspageants4358 gdp per capital does not show rich countries either because a small portion of the population could have all the wealth while gdp per capital assumes every one has same wealth e.g s/a the most unequal country in the world
@@YT-xk5jl It's something to be very proud of when your country can afford to give people the ability to afford these privileges in life.This shows that things in our country are not as bad as they're in your failed countries 😆.
Nigerians must put more focus on building their country.We still really trying very hard to hold you high to the pedestal you want so much.Prove to us what good can we derive from you. What good governance can be copied from you. Stop complaining and fix issues in Be relevant for better reasons🇿🇦✊🏾
Isn't Multichoice owned by SA? So I expect them to dominate there especially if there is no major competition. I think other nations have alternatives that give them the same cable/tv experience.
SA also has about 50 times more new car sales (5000% more), more Netflix, apple and Spotify subscribers than Nigeria, all that with ~25% of Nigerian population size. SA spends much more than Nigeria on non essential goods. SA has 1050 KFC outlets, Nigeria has around 70.
@Philadande_Shange every single one of those countries you mentioned is Western owned, from Netflix to KFC. How many local brands are SA supporting? Nigerians support more of their local brands or so it seems. Meanwhile the KFC prominence will explain why some South Africans are obese
Multichoice is South Afican. Nigeria does not have a middle class. That is the reason. In South Africa we have even more alternatives than Nigeria. You can make up all the excuses in the world for Nigeria. The truth is that the Nigerian economy is very weak. In 2024 the Nigerian economy is at $253 billion . The GDP of Joburg alone is $223 billion. Imagine 21 million people in Nigeria and 5,7 million people in Joburg. Stop comparing SA to any other African country. It will give you heart palpations. Concentrate on building your countries and stop dreaming.
The fact that a TV Station will allow an analyst use multi choice numbers as a measure of the purchasing power of a country is shocking. Very Shocking.
The fact that you don't understand that all trading companies in SA are required by law to report their earnings and losses including all related aspects of their business shows how bad things are in your failed countries 😆.
@@phylimakgeru This just proves how poor the education system is in many African countries.He thinks companies are free to release false data whenever they like 😂.
I have discovered that the most vehement complainers in this life are some of the most awful of personalities. They're personifications of the bad traits they whine about. In this case,aloofness and air of superiority that is actually inferiority complex that we see amongst Nigerian intelligentsia, professionals and business community.
People keep on saying "who watchs DSTV ,we are streaming now" fun fact in Netflix,amazon ,showmax south Africa is still number 1 in Africa! Even an idiot can see that most top 10 companies are in South Africa most malls are in sout Africa ,most expensive car manufacturers are in South Africa most expensive clothing brands are in south Africa ,the naria is far weak than south africa ! So the question is why would all this companies go to south Africa other than seeing its buying power ?! BC's were sure hell don't have the biggest population
Lol they go to SA because they see it as a source of exploitation, especially for extremely capitalist markets . You can brag about that all you want but that is one of the reasons why there’s so much inequality in SA. As for Netflix, etc how many schools have these companies built in SA? Hospitals? Smdh
Nigerians are very tech savvy and a lot of people stream instead of pay for cable(multichoice, etc) because its better value for money, this is a world wide trend, traditional cable is not the future. I can also make an arguement that multichoice is failing to innovate hence their subscription base for the rest of Africa is poor in relation to their home base subscription.
Their subscription base is just over 12% of the population in SA, it used to be more but due to their offering and affordable internet fibre connections most households subscribe to Netflix, Disney+,Showmax, Amazon prime. My understanding of what Rotus said was that Nigerians don't bring in as much as they think they do hence the numbers don't lie, my write up is to clear up that DStv is not the obvious or number choice in SA
@@lozi4163 that was not the point, this isn't about South Africa but some of the reasons as to why Nigerians are moving away from multichoice. As i said this is a world wide trend.
@@okwudiliikejiani6059 Bro jus accept Nigeria is either the Little brother to SA or the older brother who is a still lives at home meanwhile all his younger siblings have their own homes
@@GlizzyModeActivated nobody is comparing South Africa to Nigeria, nobody is a sibling here. South Africa are doing things the right way hence why the country has some sort of economic stability and prosperity over a long period of time while Nigeria has retrogressed clearly. The point I am making is multichoice is not a measure of that as the worldwide trend of people moving to streaming services further hampers that data, using GDP would be better.
MTN Group's service revenue from South Africa surpassed that of Nigeria, traditionally its largest market by revenue. South Africa's revenue increased modestly by 3%, reaching 10.4 billion rand in Q1 2024, up from 10.1 billion rand in Q1 2023.6 days ago
DSTV is from south Africa. so patronage will be more higher there and the reason why Nigerian boycott DSTV is on the issue of pay as you go. Nigeria is still thier biggest market.
Products from SAn companies have always been cheaper in Nigeria than in SA. I noted MTN and MultiChoice in particular. My parents worked for the SA High Commission in Abuja from 2006 to 2011. When they got there, DStv premium was around R400 a month when we were paying R480 at that time. The Rand was trading at N20 at that time. We used to buzz them and they would call us using their MTN SIM card because it was always cheaper to call SA than for us to call Nigeria. Things are more expensive this side but one could argue as to the exact reasons my but we pay more though here for the same products.
This lady defends yhe fact that Naija has fewer DSTV subscribers by saying people have alternatives such as Radio that is why they do not have subscriptions 😂😂😂😂😂😂😂😂😂😂😂😂
CBN says foreign investors are knocking on our door ..... please ask him to open the door o.....or has he Lost the keys.......but before he opens the door pls check o they may be kidnappers
Togo, Benin republic, ghana Cote d voire are ahead of Nigeria. It is only illiterate that compare south Africa with Nigeria. South Africa is the only country in Africa country that produce high level of electricity and 500,000car a year that are use locally. Were is your intelligent if you can produce electricity. or technological product.
@@onomeonota23 I don't know why my posts are being deleted in this section. Shoprite is no longer in Nigeria, sir. So provide me another thing to debate on.
There are 70million MTN users in Nigeria while 30million in SA but go check the difference in revenue. An average South African has 4x more money than an average Nigerian
@@lozi4163 Your argument is that your SA 30-million subscribers earn more revenue for MNT which is very incorrect. MNT profit is largely coming from Nigeria.
@@lozi4163you wasting your precious time with this human ,he is everywhere whenever South Africa is mentioned and believe you me he'll never see any positive thing concerning SA even if you give him receipts, he'll argue with evidence before him.a total waste of skin.
@ 5:15:Please donot compare football numbers to mercat numbers, only one shot can win team a game in football. And we should not forget that Super Eagle had a highly engaging extra-time game with South Africans just few days ago which could have caused our boys being flat-footed.
@horsemouthjones9060 Exactly! Frank Kessie is a holding midfielder for Ivory Coast, yet he scored and also had other missed chances. Our Strikers and Midfielders hardly entered their penalty box! Very disappointing performance by Midfielders and Attackers. Only our defenders tried, but they were overwhelmed!
AFCON is over now and your people need to come to SA to play for our local teams so that we can pay them to help their poor broke hungry desperate tribalistic ungrateful families in Nigeria
@thabangtladi8057, funny seeing you here. Don’t you have a life? If you’re not dissing Malema and EFF, you’re dissing Zimbos and Naijas. Plus, I thought you were anti “foreigners” yet you want Nigerians to go play for South Africa? You’re confusing yourself now.
Majority of people in SA don’t actually have DStv and rely on the public broadcaster SABC, it has 4 channels serving distinct markets, then there’s free-to-air eTV which has about 2/3 channels. DStv is mainly subscribed by the middle class, while the young people are into Amazon, Netflix, Apple TV etc DStv however keeps people hostage by its sports content.
That's a 🧢 2024 there is people who still rely on The failed sabc DSTV is only for sports now other than that its repeating things we were watching in the 2000s
Ayo my love. You tried really hard to find a reasonable point for Nigeria o, but it's a no show dear. I like that the brothers didn't let you do the regular propping of our leaders stupidity. If we keep trying to cushion our state, then we're praising the leaders that are sworn to drown Nigeria.
Thank you for saying this and admitting that the problem is with your leaders. If a leader fails so is a country. Let us stop speaking on behalf of our leaders and call them into order......
He who advises the Super Eagles to play a Defensive Game in a Final is an Idiot to the CORE in capital Letters..... How can you play a defensive Game in Final and expect Victory...? They stupidly gave Ivorians 95mn free Dominance...The Result is what they Got at the End. Previously against South Africa and Cameroon they were very Combative which amounted them scoring 2Gaols ahead of their Opponent and the Pattern was what led them to the Final Stage. Why changing this Pattern ??? Nigerian Old and Obsolete pattern that has never yielded a positive Result in History. Who is responsible for that pattern they exhibited on Sunday I ask again...???
That is pure gabbage, Nigerians have way more purchasing power than any other African country. Some years ago I talked to a Virgin airlines executive, her exact words, " our most peofitable route is london to lagos". They even order pizza from england.
Then why did PZ cussons left , Sanofi left , GSK left , Procter and Gamble left ,Unilever delisted their skin care brands , and Nestle wants to leave? You can't afford important things like medicine , even things like skin care you can't afford them. You are very poor .
@@pageantspageants4358 The population of south Africa is only 60 million and the population of Nigeria is 212. The majority of south Africans are stillunder poverty level. Nigeria has still more than half poor but you still have a significant buying power from more than 1/4 of the population. The city of lagos is one of the busiest cities in the world , human on top of humans.Any comparison is pure idiotic.
Why should you guys be fighting over this crap? It’s nothing to brag about. Virgin Islands is not owned by Nigeria, it’s a Western company. Their aim is to exploit Africa for their profit and not to develop our economies yet you ppl think it is a flex. How many Nigerian owned brands, SA owned brands do we support as Africans?
@APOLO-oq3ce South Africa with a small population has a money to spend than your population, that's why companies are not leaving our country. In your country companies are closing down because your population is languishing in poverty , everyone is poor. In SA Unilever has all brands , GSK is in SA , Procter and Gramble is in SA . All top global companies are found in SA .
@@pageantspageants4358 And the soweto gettos are in Nigeria, companies close all the time stupid. Why don't you take a class in business, instead of sounding so ignorant.
What do you need DSTV for when you have internet to watch what you could watch on DSTV, you guyz just Dey talk are you in South Africa 🇿🇦 me I’m here Im here South Africa 🇿🇦 and DSTV don’t have much subscribers anymore in SA coz we all use fibre obtic installed in all houses and only few uses DSTV in SA, and moreover DSTV don’t have what to give to the public
Lies Saffas downgraded & switched to showmax what they're showing is the power of our currency but SA has a greater purchasing power and has the most richest black people on the continent..
I would rather buy more internet subscription and stream countless channels, get satisfaction, value and even lesser cost. South Africans would just manage their home brand even given less value than needed. (Its Understandable). Sadly, some Arise TV Analysts, especially Rufai, deliberately shut there view on the specifics and angles that will give them a true picture. And they end up raising the flag of one using a simple propaganda, playing on competitive nature of Nigerians. Showing data and statistics to suit their narrative and actualize their intentions. A rational analyst would take a proper look into the available alternatives, the intent of other majority using other services, the causative, etc. But here, Rufai just wants to water down his country and every chance. I stopped using the multichoice services over 18months ago because they lack content.
@lozi4163, and you think it’s something to brag about? Who owns Netflix, is it SA? Shouldn’t you take pride in supporting local SA made media streaming networks? As Africans, why should we brag about being one of the biggest sources of capital and financial exploitation for the West?
@@YT-xk5jl Show-max is SA including DSTV while you are the once who are not supporting local. all the dominating media in your country are all foreign i bet you using MTN for your network. We support our companies in SA hence they are the biggest in Africa and the richest
My how do expect Nigerians to be when south Africa enjoys pay as you go.... Please enough of this misleading analysis...why not make comparison with mtn
Very soon, we will buy off mtn, we already got hold of 35% share we are pushing for more, we will sjurely buy off all SA company, you guys are too boastful, we will show you why we are more powerful than you
SA cannot have more purchasing power than Nigeria, you guys are comparing with dstv, who have time for DSTV this modern days, when we are have alot of online streaming network, bro every house you see in Nigeria is cash, every car you see on Nigeria road is cash, everything is cash and Nigerians spending every day, black SA pay installment and whereby they no longer pay, they claim those things back and blacklist them, i heard a lot of black SA are blacklisted, it is a beautiful country no doubt, but how many of this black SA can afford this luxury, i heard most of them lives in location, local areas
Yes black S Africans used to live in locations/ townships, but with access to better jobs and living standards they now buy houses and move to what we call the suburbs . Generally life is easier in SA as long as your willing to work hard and earn a good salary.
Even Kenyans are ahead of black SA, go check their start up, it is only Kenya that can compete with Nigerians in terms of intelligence, this Kenyans do big things, black SA are all over here trolling on Nigerians, you black SA can never be richer than Nigerians, just show me one black SA doing great thing in an international space?
Kenya's total wealth is $90B and that of Johannesburg city is $176B and Cape Town is $155B. Black South Africans have a total wealth of $481B that's more than East Africa put together. In conclusion, you are delusional
If SA get rid off the ANC and bring in the DA to fix SA econony SA can take its rightful spot being the real Giant off Africa. The ANC has been too nice to Nigeria and to the rest off african states in terms of conducting business as concerned. The ANC became sloppy and got slipping when the MTN was fined in Nigeria to boost Nigeria GDP. When u compare what SA gives Nigeria in terms off employment and SA big corporations that pay taxes over the in Nigeria dont match what Nigeria gives SA.
You black SA are just too little you know nothing, you own non of those companies and MTN have been ripping Nigeria off for many years and evading tax, sending SA ladies to launder money out of Nigeria, but their days and numbered,
