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Home Africa

Angola: Direct sale to banks facilitates foreign currencies exchange

FurtherAfrica by FurtherAfrica
January 6, 2020
in Africa, Angola, Banking, Currency, Forex
Reading Time: 1 min read
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The direct sale of foreign currency by oil companies to Angolan commercial banks, a process that began on Thursday (January 2), will facilitate the normalization of the national foreign exchange market, said business consultant Galvão Branco.

According to Galvão Branco, who was speaking to Angop, the direct sale of dollars from oil companies to banks, without the direct intermediation of the National Bank of Angola (BNA), will allow the market to establish the real price between the demand and supply of the currency and not administratively as before.

The measure for oil companies to sell their currency directly to commercial banks was adopted on 29 November 2019 at the last meeting of the BNA’s Monetary Policy Committee.

With this measure, which aims to consolidate the liberalized foreign exchange market since last 23 October, Galvão Branco said he hopes that the market will work and that the currencies in transaction will have their real value, facilitating the country’s relations with foreign countries.

From now on, in his view, mechanisms are in place to regulate the market more transparently and more closely to the economic reality of the country.

Source: Angop

Related

Tags: AngolaAngola Central BankAngola national foreign exchange marketBanco Nacional de AngolaBNAFeatureforeign exchangeforexGalvão BrancoMonetary Policy Committeeанголаأنغولاアンゴラ安哥拉
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Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

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Comments 7

  1. Avatar footprints888 says:
    1 year ago

    Bitcoin said to ‘drop,’ with Covid 19 woes, says

    “The Wolf of Wall Street,’ Omar Abdulla??

    by Faaiza Ismail

    (19 February 2020-BBC) “The Wolf of Wall Street,’ Mr. Omar Abdulla is to
    have addressed members of the investment community this week, stated that

    the price of Bitcoin and other Chinese created Crypto Currencies related, are

    said to drop with the fundamental data of the Covid 19 virus, the slowdown of

    US growth and straddle economic data from The United States.

    “The Chinese pandemic has caused major losses to China, and

    thus impacting the growth

    on The United States. I would sell Bitcoin, Dollar, and perhaps

    hold the rand for some strength.’

    he retired.

    Speaking to Footprints in Wuhan, local Chinese resident, Ms. Ameila Wang says

    that Wuhan has been locked down since 23 Jan 2020, and the death toll has

    almost reached 2000.

    “We are not even counting the dead bodies that have died at home, on the street,

    or mis-calculations from the Chinese government.’

    The Economic Times reported that we should see some dollar and

    Bitcoin weakness

    as China has not been to over in over two months, already impacting

    the global sector.

    “Third world currencies is where we see the investment rise, as first

    world countries have

    already seen fears rise, and South Africa or even Africa has

    reported little or no cases.’

    The Omar Abdulla Group which has investments into Bitcoin SA, Forex SA,

    Instagram SA

    and Facebook SA noted that they will be short-selling major currencies,

    buying into

    South African currencies and African shares.

    “We see opportunities to about April 2020, depending on the

    control of the virus.’

    The World Health Organization is said to meet with President Donald

    Trump and President

    Xi Jinping this week to bring the economic crisis to an upbeat.

    “China has already spent close to $4 billion dollars on the virus and a further

    estimated $3 billion dollars

    will be needed from The United States and The World Health Organization.’

    The death toll has already reached 2000, with more than 70 000

    cases reported, and we could see more short selling in the weeks to come,

    as China deals with Covid 19, ended a Wuhan resident.

    “The Wolf of Wall Street,’ Omar Abdulla sees

    new insights on investments

    Into South Africa…??

    0:55 Now playing
    Corona Virus. Wuhan. China. The Omar Abdulla Group

    Omar Abdulla
    •
    31232 views 1 week ago

    Footprints Filmworks. China. Wuhan. Tokyo. Business. Viral. South Africa.

    ———————————————-

    by Zakiyyah Kolia

    (1 February 2020-Reuters) “The Wolf of Wall Street,’

    Mr. Omar Abdulla

    is said to

    watch market shares closely and noted that oil prices

    will drop within the current year,

    the stronger South African Rand, and dollar strength in 2020.

    ‘Our group normally hedges investments into companies including

    media investment,

    the Forex and Bitcoin markets, and smaller investments into the

    food and retail sector.’

    whispered, Mz. Ayesha Noormahomed, spokesperson for

    The Omar Abdulla Group.

    Sky News twittered that President Trump was still holding

    strong in the polls after

    successful election campaigns in New York, Washington D.C,

    Chicago, San Francisco,

    Los Angeles, Boston, Seattle, Texas and New Hampshire.

    ‘The president is still running strong, after complaining that

    he was tired after the campaign

    In Boston. We are happy that impeachment seems a long

    time ago, as senators see a re-election,

    of President Trump.’ winked The White House.

    Dressed in his favourite suit, with the lady of his dreams by

    his side, Abdulla says that South

    Africa was still a good investment location for international

    residents as the country still

    achieved good retail sales figures, a drop in the unemployment rate,

    and stronger economic

    data.

    “We had some good earnings from Edcon, Naspers, Shoprite

    and Absa.’ he quirked.

    President Trump who spoke to The African Tribune,

    says that he sees

    opportunities in South Africa,

    as third world countries in Africa, should show a higher

    differential on interest.

    “Africa has always been used as a dumping ground for China

    and Asia, and The United States,

    will be pouring over $4000 million dollars into Africa, within

    the next twenty years.’

    The South African Sun, quitted that South Africa was the

    leader of Africa, and the

    country is ‘just getting back,’ on it’s feet, after the

    ‘horrible; terrible,’

    President Jacob Zuma era.

    Absa economist, Mister Julian Van Zyl wrote on his blog that South Africa

    was in ‘recovery mode,’ and already we seeing some Rand strengh, with the

    election of President Ramaphosa.

    Although The Omar Abdulla Group of companies Bitcoin SA,

    Forex SA, Instagram SA,

    Facebook SA, Google SA, are

    said to have reported casual earnings within the year, the company

    is said to press on current

    investments with other investments into Oil, Engineering and

    Manufacturing.

    “We see the likes of Sasol, Shell, British Petroleum and Caltex

    shares to drop within the year,

    as more investors will hold more riskier assets including the dollar

    and South African rand.’

    numbered Engineering News.

    Speaking to The Washington Post, Mr. Abdulla extended his

    remarks that South African shares

    was the way to go, as the third world country could show returns of up

    to 10% per annum.

    ‘The higher differential on interest, the riskier assets, and more economic

    growth in South Africa,

    could see the South African rand, reach R12 to dollar, by June 2020.’

    Reply
  2. Avatar footprints888 says:
    1 year ago

    Bitcoin said to ‘drop,’ with Covid 19 woes, says

    “The Wolf of Wall Street,’ Omar Abdulla??

    by Faaiza Ismail

    (19 February 2020-BBC) “The Wolf of Wall Street,’ Mr. Omar Abdulla is to
    have addressed members of the investment community this week, stated that

    the price of Bitcoin and other Chinese created Crypto Currencies related, are

    said to drop with the fundamental data of the Covid 19 virus, the slowdown of

    US growth and straddle economic data from The United States.

    “The Chinese pandemic has caused major losses to China, and

    thus impacting the growth

    on The United States. I would sell Bitcoin, Dollar, and perhaps

    hold the rand for some strength.’

    he retired.

    Speaking to Footprints in Wuhan, local Chinese resident, Ms. Ameila Wang says

    that Wuhan has been locked down since 23 Jan 2020, and the death toll has

    almost reached 2000.

    “We are not even counting the dead bodies that have died at home, on the street,

    or mis-calculations from the Chinese government.’

    The Economic Times reported that we should see some dollar and

    Bitcoin weakness

    as China has not been to over in over two months, already impacting

    the global sector.

    “Third world currencies is where we see the investment rise, as first

    world countries have

    already seen fears rise, and South Africa or even Africa has

    reported little or no cases.’

    The Omar Abdulla Group which has investments into Bitcoin SA, Forex SA,

    Instagram SA

    and Facebook SA noted that they will be short-selling major currencies,

    buying into

    South African currencies and African shares.

    “We see opportunities to about April 2020, depending on the

    control of the virus.’

    The World Health Organization is said to meet with President Donald

    Trump and President

    Xi Jinping this week to bring the economic crisis to an upbeat.

    “China has already spent close to $4 billion dollars on the virus and a further

    n estimated $3 billion dollars

    wll be needed from The United States and The World Health Organization.’

    The death toll has already reached 2000, with more than 70 000

    cases reported, and we could see more short selling in the weeks to come,

    as China deals with Covid 19, ended a Wuhan resident.
    Message 6 of 7 (92 Views)
    Reply
    0
    footprints
    Member
    footprints
    Posts: 12
    Re: FF News: The Omar Abdulla Group
    Options

    Saturday

    Markets ‘calm down,’ as the world awaits more lies from China, says

    “The Wolf of Wall Street,’ Omar Abdulla…??

    by Nabila Dockrat

    (2 March 2020—ABC NEWS) The Wolf of Wall Street Mr. Omar Abdulla says that

    China is reporting low number of cases the past several weeks whilst other

    Asian countries are starting to peak with new cases daily from South Korea, Japan

    Hong Kong and Singapore.

    “Maybe the other Asian countries are the ones to be trusted, instead of lying

    China,’ he told ABC NEWS.

    Another resident who spoke to Hubei Times looped that China has been injecting

    billions of dollars into their economy by stagnating the impact of Covid 19.

    “China has been injecting stimulus into their economy to keep the market alive.

    We believe that much more people have died at home, and China is keeping the

    numbers low so that people can get back to work.’

    Addressing members of Washington, President Trump says that the Corona Virus

    Is ‘under control,’ and should see smaller numbers as Winter in China progresses.

    The Omar Abdulla Group which owns shares in Bitcoin SA, Forex SA, Instagram SA and

    Facebook SA added that investors were queuing to invest into GOLD and SILVER as these

    Commodities were known as ‘safe havens.’

    “Markets have stayed away from the see-saw markets of China and The United States,

    and have Gold as the medium of trade.’

    In other news, speaking to The Hong Kong Sun, local resident, Ms. Sue Ying cooled that

    the rest of Asia should be trusted with their numbers, and not the Chinese.

    “The Chinese government want to keep numbers low so that people can get to work,

    and not cause billions of other people in Asia to panic.’

    Meanwhile, South African shares seem to have progressed during this flu season,

    as first world currencies have seen their money moved to third world currencies.

    “Markets have moved some of their investment into Africa and South Africa, as very

    few cases have been reported in these countries.’

    Economist for The Omar Abdulla Group, Ms. Ayesha Noormahomed concluded her remarks

    to The Sunday Times that she expects the South African Rand to get stronger within the year,

    due to better economic data from South Africa and expects the Covid 19 virus to come to an

    end by April 2020.

    “We are already seeing low numbers from China, and although the virus is still not yet fully contained, we should see billions in China returning to work in coming days, which could see

    the Asian markets rise to market expectations.’

    Reply
  3. Avatar footprints888 says:
    1 year ago

    Eskom and SAA, now set for partial “privatisation,’

    says The Wolf of Wall Street,

    Mr. Omar Abdulla…??

    by Nandika Pillay

    (25 March 2020—SABC News) The Wolf of Wall Street,

    Mr. Omar Abdulla who

    addressed members of the business community this afternoon,

    spoke from his

    Sandton home, amid the corona virus outbreak, stating that

    South African State

    owned entities (SEOs) Eskom and South African Airways, (SAA)

    are ‘falling hard,’ and that partial privation is required from

    the Chinese and American investors of

    The Omar Abdulla Group.

    “Our companies have felt the brunt of the Covid 19 virus,

    with shares in these companies,

    falling almost 30% since the outbreak, increasing debt

    payments and loss of income as

    less people are travelling.’ noted Deputy President of SA,

    Mr. David Mabuza.

    Mabuza who spoke briefly to parliament this week, cemented his concerns,

    and was asking for bailout agreements from Boeing, Comair, Airbus and British

    Airways.

    “We owe our creditors to the tune of R2 trillion rand, with a value of only R1 trillion

    rand for these assets, Eskom at R750 billion rand, and SAA at R250 billion rand.’

    he told Reuters.

    Speaking on behalf of Boeing, Ceo of Boeing, Mr. Dave Caihoon quirked that SAA

    will never learn from their mistakes after lending monies at high-interest rates,

    and purchasing Aircraft that were too many.

    “If they cannot keep to their words of paying their instalments to us on time, how can

    we help them. Once we receive some stimulus from the United States government we

    will relieve the pressure, amid this Corona Virus, outbreak.’

    Abdulla who further elaborated that Eskom was in ‘dire need,’ of funding from China

    and The United States says that load-shedding in the country was causing businesses

    to fail, loss of confidence in the economy, and loss of jobs in the marketplace.

    “When I address members from Gauteng within the week, we will work out ways,

    of purchasing less than 1% of these companies, at market share.’

    The Johannesburg Stock Exchange *JSE* reported this afternoon that major shares and stocks

    were feeling the ‘blood In the water,’ with the current down-grade of shares throughout

    the world.

    “Markets have fallen and fallen, and when will we find a bottom in this mess. Travel industries

    have fallen, oil has fallen, and the rand has gone to the dogs.’’

    However, low oil prices are good for ESKOM, as the coal and mining sector could save costs

    of upto R100 billion rand, squeaked Ceo of Eskom, Mr. Andre Du Ruyter.

    The Economic Times reported that The Omar Abdulla Group was fast becoming one

    of South Africa’s fastest growing companies, including owning Instagram SA, LinkedIn

    SA, Bitcoin SA and Forex SA.

    “Their bids on offer include a one percent share in Eskom and SAA,

    totalling, R20 billion rand, with shareholders of the company, Lifestyle Aircraft

    and Instagram SA.’

    Concluding his remarks to The Sunday Independent, Abdulla leaked that he was ready to

    rescue the failing Eskom and SAA, if agreements between the SEOs are agreed too.

    “Hopefully The Omar Abdulla Group can purchase these shares at low prices, and when

    Covid 19 becomes the thing of the past, we can see the rewards of our investment.’

    Reply
  4. Avatar footprints888 says:
    11 months ago

    Captain Covid, disagrees with President Ramaphosa

    to ‘release lockdown…’

    By Zahra Lockhart

    (7 May 2020—FF News) Captain Covid, Mr. Omar Abdulla

    says that

    the release of the lockdown could have ‘dire consequences,’ for

    South Africa,

    with cases reaching 5000 in the African nation and close to four

    million worldwide.

    “The President is thinking of boosting the economy with his release

    of the lockdown,

    yet this could have a negative effect causing cases in the

    mother nation to rise, and

    the increase of the spread of the virus.’ he looped.

    Meanwhile, across the world, Covid 19 cases are starting

    to roar with the latest

    cases at meat packaging plants, nursing homes,

    grocery stores and pharmacies.

    “President Trump was too slow to close down The United States,

    and President

    Ramaphosa is too quick to open up the country. We could see a

    surge in cases and

    the rand reach R23.’ growled South Africa Today.

    Speaking to Footprints in South Africa, local resident Ms.

    Thando Sithole added that

    there is absolutely ‘no social distancing,’ in the townships of Soweto,

    Secunda, Khayalisha, Laudium, Lenasia,

    and Sebokeng.

    “President Ramaphosa is acting too quickly, and soon we will

    be in a lockdown again.’

    However, Oil prices around the world are still plummeting

    due to a lack of demand and

    the cut in production with Saudi Arabia and Russia.

    “There is simply too much oil in the world, and we are running

    out of storage space.’

    reported The Economic Times.

    Chewing on his pen and waving his hand through his hair,

    Captain Covid,

    Mr. Omar Abdulla says that outbreaks in South Africa are pretty low,

    but we could see a spike in new cases in

    Pharmacies, Grocery stores and meat packaging companies.

    “President Ramaphosa is releasing the lockdown too early, and I

    can foresee more cases with

    more outbreaks at these facilities. Our request to the president is

    this is too quick and more

    lives will be lost.’

    The Omar Abdulla Group which owns shares into Bitcoin SA,

    Forex SA, Instagram SA

    And Twitter SA said on their website that they will continue to

    buy small amount of

    shares into SEO companies Eskom, Telkom, South African Airways

    and SABC.

    “After receiving over R500 billion rand in loan packages and treasury

    bond sales, we could

    see an uptick in these shares.’

    In o t h e r news, a UFO that was spotted and released by The

    Pentagon is said to be

    aliens either to cure us from The Corona Virus, and make the

    virus strain even stronger

    in parts of The United States and Europe.

    “The flying sauces that were seen recently could be a sign

    that we are not alone.’

    NASA said on their website.

    The Holy month of Ramadaan has now hit the world, with

    Mr. Omar Abdulla said to meet

    with Islamic leaders including Mufti Menk, Zain Bhika and Maher Zain.

    “We wish all our Muslim leaders a peaceful and joyous Ramadan and Eid.’

    Concluding his remarks to The Sunday Times, Mrs. Imaan Desai kissed

    that he agrees

    with The Omar Abdulla Group and once the lockdown has been released,

    within a few weeks, we

    will be in lockdown again.

    Reply
  5. Avatar footprints888 says:
    11 months ago

    Captain Covid ‘talks,’ vaccine theories with RoboCop…??

    by Rubina Gafoor

    (20 May 2020) Captain Covid, Mr. Omar Abdulla South Africa’s

    leading Covid

    warrior spoke to fans

    this afternoon outside his Lenasia home, stating that cases in

    South Africa are still

    up, social distancing is not being practised and government is

    losing billions through

    this pandemic.

    “President Ramaphosa has opened the country too quickly

    for business, and we are

    at the peak of this pandemic. More lives will be lost, and I cannot

    save everybody.’

    he was quoted as saying.

    The World’s greatest crime fighter, RoboCop stated that although

    crime was down

    around the world due to many countries still under lockdown,

    crime was high at

    grocery stores and liquor stores.

    “These stores have been burgled and hopefully Captain Covid

    can stop the outbreak

    of the virus at these stores.’

    Meanwhile, Captain Covid and RoboCop, have been having

    long discussions with US

    billionaires, Mr. Bill Gates and Warren Buffett.

    “We are working with major pharmaceutical companies in

    developing anti-body tests,

    so that this evil virus can be brought to rest.’

    However, Dr. Anthony Fauci from The White House, who spoke

    to CNN said that

    we may only be in the first wave of this pandemic

    and who knows there may be

    a second curse wave, that may hit us soon.

    “We are happy with the heroic work of Captain Covid and RoboCop

    to fight this disease,

    and we can only pray a vaccine will be found soon.’

    Speaking from her California home, Ms. Kim Kardashian noted

    that she was attracted to

    the ‘handsome ‘n hunky,’ moves of Captain Covid, and it is

    unfortunate that President

    Ramaphosa and President Trump only think about the

    economy than people’s lives.

    “I would consider losing $500 billion dollars over a period of a month in the economy.

    instead of loosing 100 000 more people.’

    The Omar Abdulla Group which owns shares into Bitcoin SA, Forex SA, Instagram SA,

    Twitter SA, Marvel SA and DC SA added that their company was now investing

    Into cartoon and superhero forms of media.

    “Many thousands of dollars have already started pouring in, with the launch of

    Captain Covid.’

    Concluding his remarks to The Laudium Daily, Captain Covid, Mr. Omar Abdulla, ended

    saying that we should

    all wear our masks, wash our hands, and practice social distancing.

    Stay Safe…

    Reply
  6. Avatar footprints888 says:
    7 months ago

    “Captain Covid,’ investigates “Sudden death,’ of

    Sushant Singh Rajput…??

    by Fehmeda Thokan

    (13 September 2020) Captain Covid, Mr. Omar Abdulla

    South Africa’s leading Covid warrior

    arrived in Mumbai last week on investigations of the

    ‘sudden death,’ of

    Bollywood Superstar, Sushant Singh Rajput.

    Rajput who was found ‘hanged to the ceiling fan,’ of his Bollywood

    apartment

    Is said to have been murdered by his girlfriend

    Rhea Chakraborty.

    Chakraborty who spoke to Footprints in Mumbai, says that she loved

    Sushant and

    never meant to harm him by feeding him drugs that could

    lead to his death.

    “It was suicide, he could not take the pressure, he was heart-broken,

    and he was

    not making money in Bollywood. He was planning a career

    in farming.’

    Abdulla who met with Sushant earlier in 2016, says that Sushant

    was becoming

    The King of Bollywood after previous hero’s Shar Rukh Khan,

    Salman Khan, Aamir

    Khan and Saif Ali Khan was falling.

    “Perhaps it was the Bollywood Mafia who killed Sushant or his

    devious fiancé,

    Rhea.’

    Speaking to The Bollywood Times, local businessman Mr. Iqbal Sookal, noted that

    It’s been f o u r months of investigations by The Mumbai Police and CBI,

    and yet India

    cannot ‘come to terms,’ with the death of Sushant Singh Rajput.

    “Everyday I shed a tear because of the murder that took place.

    We pray for justice for Sushant and bring their murderer killers to justice.’

    The Omar Abdulla Group which owns shares into Bitcoin SA, Forex SA,

    Instagram SA, TikTok SA, Jobs SA, Footprints SA and other shareholding is

    said to be one of South Africa’s leading and fastest growing companies.

    “With Covid cases throughout the world coming down,

    markets are starting to boom, and we could see an even bigger

    jump in growth December 2020.’ the company read on

    their website.

    Another resident Ms. Farah Ramlall who spoke to India Today leaped that

    the death of Sushant will be mourned by millions

    of his fans throughout the world.

    “India has lost an iconic hero during these tough

    Covid Times.’

    Whilst markets start to open up and boom, The Omar Abdulla Group continues

    to bring future news and investments today, with ongoing

    interest into the Asian and European markets.

    “One has to learn from the story of Sushant that one day one can have

    everything and the next nothing. Lets invest wisely into our futures,

    so that we protect the ones we love.’ Poked The Saturday Star.

    Captain Covid, Mr. Omar Abdulla ended by saying that he was ‘happy,’

    that world cases were coming down, amid a vaccine being found soon.

    “Whilst thousands have died from Covid, we should remember the story

    of Sushant Singh Rajput to honour our heroes during

    these tough times…’

    Reply
  7. Avatar footprints888 says:
    1 month ago

    Elon Musk, Omar Abdulla,
    and Patrice Motsepe see
    ‘new heights,’ on investments into
    Mars probes…??
    by Farhana Essop

    (March 2021—CNBC) The Wolf of Wall Street, Mr. Omar Abdulla
    attended meetings with
    Billionaire Investor Mr. Elon Musk, recently sighting up to
    10 million residents living on
    the planet Mars, by 2050.

    “We have invested heavily into Space X and The Omar Abdulla Group so that
    wealthy residents,
    will be able to live on Mars, and to see the growth of the human species,
    beyond Earth.’
    Musk elaborated.
    Speaking to Footprints in California, Mr. Omar Abdulla says that
    he had assisted Musk on formulating ‘easier and faster ways,’
    to reach the planet, during ‘peak windows…’

    “Normally to travel to Mars, will be about 180 million miles, but with
    calculations and spectrum,
    we can reach Mars, by only travelling 30 million miles,
    when Earth and Mars are closest.’
    he cooled.

    President of The United States, Mr. Joe Biden who recently signed a $1.9 trillion
    dollar stimulus package added that Musk and Abdulla were well groomed
    in growing humanity to the red planet.
    “Mars is simply just too cold for life, but Musk has said with the using of
    nuclear weapons to warm the planet, who knows
    10 million people could be on Mars, by 2050.’

    South African businessman, Mr. Patrice Motsepe who spoke to
    SABC NEWS,
    looped that he has looking into Mars, as the future of
    humanity and supported
    Abdulla’s approach to reaching the planet faster, and Musk’s ideas
    of warming the planet so that water can be found on the planet.
    “Using nuclear weapons to bomb the planet could result in a thicker
    atmosphere for life.’ he
    croaked.

    The Omar Abdulla Group is an investment company into
    Tik Tok SA,
    YouTube SA, Space X SA,
    Communities SA, Forex SA, and Vaccines SA.
    “The company is headed for ‘new heights,’ with the investment
    into Space X SA,

    that could see many South African’s soon relocating to Mars.’
    read the company website.

    Concluding his remarks to The New York Times, Mr. Elon Musk says
    that Mars is the future of civilization and his investment into Abdulla’s
    company and other related companies could see
    a redder morning Sun, a healthier breath of fresh air on Mars,
    and the development of resources that could billions of dollars
    for shareholders of his companies.
    Posted by Omar ABdulla at 04:38 No comments: Email ThisBlogThis!Share to TwitterShare to FacebookShare to Pinterest
    Monday, 15 February 2021

    “The RISE of Tik Tok and The FALL” of Instagram,

    says King of

    Tik Tok, Omar Abdulla…??

    by Farhana Mohammed

    (February 2021—Beijing) The King of Tik Tok, Omar Abdulla

    spoke briefly to

    fans outside his Durban home this afternoon

    stating that the failure

    of Instagram

    over the last several years, has forced him to move his business

    from Instagram

    to Tik Tok.

    “We had over a million following on Instagram, and we just

    not getting the likes

    and following anymore. The company has ‘shifted and lifted,’

    advertising mediums,

    forcing my company to re-look at Tik Tok.

    he said.

    The failing Laudium Times, read in their low-quality

    newspaper that Abdulla was

    fast becoming one of South Africa’s treasured and pleasured

    playboys after hit

    singles with Justin Bieber, Selena Gomez, and Shar Rukh Khan.

    “We performed to our hit musical at the Zoo lake,

    Johannesburg,

    and I trust his influence

    on Tik Tok. It was great to meet and dance

    with the best dancer in the world’ Bieber pooled.

    Disgraced Ceo of Instagram SA, Mr. Daya Naik added that

    The Omar Abdulla Group was now

    ‘pulling out,’ of large investments into Instagram and

    shifting advertising options to clients

    on Tik Tok.

    “Consumers are now starting to shift their viewership from

    Instagram to Tik Tok,

    as the application has better quality, better influencers

    and better liking for

    market. Fans and followers

    are just not loyal enough to keep following’

    The Omar Abdulla Group is an investment company into Instagram SA,

    Twitter SA,

    Tik Tok SA, Forex SA, Bitcoin SA and Vaccines SA, with the company

    stating that advertising revenue

    was still on the upbeat although

    the change in market share.

    Speaking to The Beijing Daily, Ceo of Tik Tok,

    Ms. Vanessa Pappas

    says that Tik Tok groups

    and sharing criteria were on the rise, with some groups

    with over a million followers.

    “Our advice to social media influencers is to use

    Facebook and WhatsApp

    sharing groups, where each group has over

    a million followers.’

    Former Ceo, of Vodacom, South Africa, Mr. Shameel Joosub

    croaked that Vodacom

    will soon be offering free services for social media browsing

    and ‘laughed and joked,’

    at the cute videos of Mr. Omar Abdulla.

    “He always amazed me with his brilliant and stylish

    dance moves,

    and I cannot wait

    for more.’

    With the shift in focus from newspapers to online,

    makes The Omar Abdulla Group

    one of

    South Africa’s leading and fastest

    growing companies with plans

    of the rollout of the vaccines

    In South Africa during March 2021.

    “Together with government and Vaccines SA,

    the swap of new vaccines

    to arrive in South Africa,

    will arrive soon, with the new variant of Covid 19,’

    kissed Vaccines SA,

    Managing Director, Ms. Patricia Nkosi.

    “Let’s put Instagram to bed, and lets make love to Tik Tok,’

    joked an SA resident.

    Ex-President of The United States, Mr. Donald Trump

    who was recently

    banned from Twitter says that he will be looking

    at buying shares into

    The Omar Abdulla Group for the development of

    ‘new application,’

    technology to compete both Twitter and

    Facebook.

    “Twitter and Facebook are for the more mature audience,

    whilst Instagram and Tik Tok

    remains for the younger market.’

    Wrapping up his statement to The New York Times,

    President Joe Biden

    says that he will closely monitor the ‘going on,’ with Tik Tok

    and will

    demand a share in the Chinese owned company,

    as the company

    will soon over-take Instagram.

    “I try to stay a w a y from the media,

    but as Tik Tok gets bigger

    than the inadequate

    Instagram, the new horizon of

    Tik Tok looms.’ he boomed.

    Reply

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