eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
Why are you so thick seriously?
Hahaha..IMF descisions are peer reviewed..Meaning more than 10 experts critic before issuing a statement..That is what happens in academic circles..
A governor who disputes IMF in the media instead of asking for a review or publishing the peer reviewed decision matrix is a governor under pressure from politics.
There are clear ways of responding to IMF not what njoroge did
So says a person who has just learnt the difference btwn REAL/NOMINAL GDP today.I doubt you can put any pressure of Njoroge. The man is opus dei who doesn't take a salary and lives in a dorm. He knows IMF inside out having risen to through the ranks there. His criticism has been sort of vindicated by the forex markets that continues to defy IMF doomsday prediction and Kshs continue to strengthen without any intervention from Njoroge's CBK.
Why are you always rebellious on FACTS? Wivu utakumaliza.Ahaaa haaa haa
keep on celebrating with your empty figures GDP.
So says a person who has just learnt the difference btwn REAL/NOMINAL GDP today.
You now want us to discuss njoroge's commitment to professionalism in a very unprofessional and corrupt jubilee gvt based on his religion..Boss, I tap out..hiyo mimi siwes na siwesi changia..bye bye
Kudos!!!!!!!!!!! continue exposing the self proclaimed economistCBK enjoy independence over monetary policy and it's governor has security of tenure. Dr Patrick Njoroge has no reason to yield to any pressure from Treasury. In any case this argument is academic. Until Kshs weaken - IMF are wrong. Maybe you can help us and predict when Kshs will weaken from 100 sweatpot to say 120kshs. I see it probably strengthening to under 100.
Worry more about TSH that is getting a hammering as we speak. Forex reserves are dropping. Foreign aid being withheld, foreign investors delaying investment, tourist being warned about homophobic attacks and the gov is busy frustrating everyone who doesn't praise Magufuli.
Kshs fundamentals are very strong. The forex reserves are stubborn around 8-9B dollars. Remittance are rising - soon to be 3B dollars a year. Tourist are pouring in - from 1.4M - they rose to 2.1M last year. Tea, Coffee & Horticulture exports looks good.The nuts are doing greats. The gov has reduce it's appetite for borrowing. Nairobi continue to attract both social capital - NGOS & related are still using Nairobi as their main HQ. Private investment continue flowing in...our Private Equity activity is as competitive as South Africa & Nigeria. Tech sector still attracting lots of investment - comparable to South Africa & Nigeria. NSE is doing 'great' - compared to the rest.
In short IMF prediction don't look like panning out.
Why are you always rebellious on FACTS? Wivu utakumaliza.
...........and behind TanzaniaBy the end of next year we will be ahead of Angola.
The true definition of Being pseudo rich is Like Having Huge budget, Huge Gdp and yet 46% people live below 1$ and Thousands civilians Die of hunger on monthly basis,
Which country is That?
Ni kama vile kuwa na smartphones na kuvaa suti kubwa halafu jioni Unarudi kulala KiBera.
For more jokes like these, SMS the word TANZAGIZA to 20019 at tshs 250 daily!...........and behind Tanzania
How is selling beans, rice and fish at a local market considered black market? Most Tanzanians don't prefer going to the mall to buy a kilo of sugar, instead they go to small shops to get their needs.On paper, it might not look good (most transactions are not recorded) but in reality the economy is healthy.The solution is not to count the informal economy - it's to formalize the economy. How will black market economy help you. They won't pay taxes. They are not legal.Impossible to count in a credible way. Kenya is striving to formalize it's informal sector - and it appears to be doing well in retail & trade(more supermarkets & malls replacing dukas) - and transport (matatus). I think also real estate & construction is becoming more formal.
And that is what TZ should be doing - instead of claiming to have huge informal economy. That too is a sign of under-development.
How is selling beans, rice and fish at a local market considered black market? Most Tanzanians don't prefer going to the mall to buy a kilo of sugar, instead they go to small shops to get their needs.On paper, it might not look good (most transactions are not recorded) but in reality the economy is healthy.
We jamaa acha porojo juu ya Tz tafadhal, so unahisi unaweza danganya kila mtu ?yani hata kama sijasoma uchumi sio kwa porojo zakoCBK enjoy independence over monetary policy and the governor has security of tenure. Dr Patrick Njoroge has no reason to yield to any pressure from Treasury. In any case this argument is academic. Until Kshs weaken - IMF are wrong. Maybe you can help us and predict when Kshs will weaken from 100 sweet spot to say 120kshs. I see it probably strengthening to under 100.
Worry more about TSH that is getting a hammering as we speak. Forex reserves are dropping. Foreign aid & loans being withheld, foreign investors delaying investment, tourist being warned about homophobic attacks and the gov is busy frustrating everyone who doesn't praise Magufuli. Gov revenues are falling. Debt repayment increasing. Economic growth has slowed from 7% to 6%.
On the contrary Kshs fundamentals are very strong. The forex reserves are stubborn around 8-9B dollars. Remittance are rising - soon to be 3B dollars a year. Tourist are pouring in - from 1.4M in 2017 - they rose to 2.1M!!! last year. Tea, Coffee & Horticulture exports looks good.The nuts are doing greats. The gov has reduced it's appetite for external borrowing and thanks to rate cap is squeezing the local banks & borrowing cheaply. Nairobi continue to attract both social & private capital - NGOS & MNCs are still picking Nairobi as their anchor point in Africa.Private investment continue flowing in...our Private Equity activity is as competitive as South Africa & Nigeria. Tech sector still attracting lots of investment - comparable to South Africa & Nigeria. NSE is doing 'great' - compared to the rest - and foreign investors don't have to worry about depreciating Kshs (unless they trust IMF more than the market).
In short IMF prediction don't look like panning out.
Shilling strengthens to three-month high
Hiyo pesa ni ndogo sana Kwa Tanzania Ksh 3000 ni malipo ya per day ??$1 =kshs101 right?
Ukipata mkenya anayelipwa tshs 30000 per month ($0.4/day)kama huko kwenu, uniitishe chochote utakacho!
I totally agree with a Kenyan kiukwel Tanzania informal economy ni kubwa mno nahailipi tax kabisa @ Kiuhalisia Tanzania GDp is higher than Kenya can stand st $100B tatizo la Tanzania serikali imelala sana. @ yaan kwa Tanzania ni kitu cha kawaida MTU kununua bidhaaya 1 or 2million TSh pasipo risiti yeyoote (tax) ya malipo nimeshaona MTU ananunua kitanda kwa. 1.5 million TSh pasipo resiti ya malipoThe solution is not to count the informal economy - it's to formalize the economy. How will black market economy help you. They won't pay taxes. They are not legal.Impossible to count in a credible way. Kenya is striving to formalize it's informal sector - and it appears to be doing well in retail & trade(more supermarkets & malls replacing dukas) - and transport (matatus). I think also real estate & construction is becoming more formal.
And that is what TZ should be doing - instead of claiming to have huge informal economy. That too is a sign of under-development.
Ww hujanielewi. Sijabisha but nasema Ksh 3000 kwa Tz ni pesa ndogo wengi wanalipwa hiyo pesa per dayunabisha nini wewe?kwani gardeners na domestic woRkers wanalipwa ngapi? That's why Ugandans prefer working in Kenya. Wamefurika Kenya.
OK but kwa tz hiyo ni kwa unskilled labourHiyo hapa Kenya kuna mtu anapata per hour