Big-Time Investors Pump in $4.250bn

Big-Time Investors Pump in $4.250bn

Baada ya hizo rebasing, GDP ya Kenya ilifikia $63B, mwaka jana 2016, na Tanzania ikafikia $55B, utaona gap hapo imepungua kutoka $9B kutoka 2010 hadi $8B mwaka 2016, hii ni kwasababu Tanzania GDP yake iliongezeka kwa 33 -35%, na uchumi wa Kenya ulikua kati ya 20 -25%.

The fact is GDP ya Kenya ni $63B na Tanzania ni $55B, after rebasing, japo wataalamu wa uchumi wengi wanachukulia uchumi huu wa baada ya rebasing kwamba sio asilia na wanapendelea kutumia takwimu za kabla ya ku rebasing. Bado ninataka kujua hiyo GDP ya above $70B imepatikanaje?
Usichanganyikiwe ndugu. $63 bn ni GDP ya KE ya 2015. $70 bn ni ya 2016. Hatuwezi ongea ya 2017 hadi 2017 iishe. Halafu wacha nikuandikie structure ya economy ya Kenya ukilinganisha na T.Z ndio uelewe mbona KE tuna uchumi mkubwa sana Kushinda T.Z
Kwanza tuna service sector kubwa sana kushinda T.Z by far. Ebu ona Tuskys na Nakumatt hata kama Nakumatt ina matatizo bado ilikuwa hapo T.Z kwa miaka mingi. KCB bank iko hadi South Sudan. Baadhi ya benki zetu ni kubwa kushinda zenu.Baadhi ya telecomm zetu ni kubwa kwa mfano Safaricom is the biggest company in E.A. Yaani ukipiga hesabu ya service companies za Kenya na service sector in general ni kubwa. T.Z mko na mining sector kubwa kushinda KE. Kenya tuko na real estate sector kubwa kuwashinda. Infrastructure yetu ni worth billions of dollars na bado nyingi zinaundwa tu. Sisi hatuexport vitu nyingi kama nyinyi lakini tuko sawa interms of remittance from Kenyans living abroad na kuexport tea, coffee, vegetables and flowers. Kampuni zetu za East Afrika zinatuma profit back home e.t.c. Nadhani unastahili kuanza kusoma mambo haya ya uchumi kwa undani kwani naona unayapenda.
 
Sijasema hamuezi kutupita. Actually mnaeza kutupita. Unajua T.Z saa hii inakuwa kwa mwendo wa kasi sana. Kwa hivyo ceteris paribus yaani mambo yakiendelea hivi na T.Z ikiendelea kukuwa kwa mwendo kasi na huku sisi tukiendelea kukuwa kwa mwendo wa 5% basi kwa miaka kama saba hivi mtatupita. Ila China imejaribu kupita U.S kwa miaka mingi in terms of norminal GDP lakini haijaweza. China inakuwa kwa mwendo wa 7% na U.S kwa mwendo wa 2.5% lakini juu gap ni kubwa hawajaweza kupiku U.S in terms of norminal GDP. Lakini China wamepita U.S in terms of GDP PPP yaani purchasing power parity. Nilisoma mahali T.Z. mmepita Kenya in terms of GDP PPP lakini ikifika mambo ya normal GDP bado gap kati yetu ni kubwa na mnaeza tupita labda baada ya miaka zaidi ya tano na lazima mkue kwa rate ya zaidi ya 7% au 8% na sisi tukue kwa rate ya 5% au 4%. Ole wenu iwapo Kenya tutaanza kukua kwa mwendo wa 6% kwani hamtawahi kutufikia. Haya ni mambo ya hesabu na uchumi na ni mambo rahisi ila huwa inachanganya usipokuwa makini.
Mbona unatoka kwenye hard discussion unarudi kwenye soft discussion?, hayo unayosema ni kwa maoni yako unavyofikiria, kila mtu anaweza kufikiria anavyoona, mimi ninataka tulitafute hilo gap unalosema ni kubwa na linaongezeka, lipo wapo?, Mimi nimekuleta kutoka 2010 mpaka tumefika 2016 nikatoa GDP za nchi zote mbili, kabla na baada ya rebasing, kabla ya rebasing gap ni $9.18B, baada ya rebasing limeshuka hadi $8B.
1)Unaposema gap ni kubwa unazungumzia gap lipi?
2)Hiyo GDP ya above $70B imepatikanaje, mbona ni kama iliyopikwa?
 
Mbona unatoka kwenye hard discussion unarudi kwenye soft discussion?, hayo unayosema ni kwa maoni yako unavyofikiria, kila mtu anaweza kufikiria anavyoona, mimi ninataka tulitafute hilo gap unalosema ni kubwa na linaongezeka, lipo wapo?, Mimi nimekuleta kutoka 2010 mpaka tumefika 2016 nikatoa GDP za nchi zote mbili, kabla na baada ya rebasing, kabla ya rebasing gap ni $9.18B, baada ya rebasing limeshuka hadi $8B.
1)Unaposema gap ni kubwa unazungumzia gap lipi?
2)Hiyo GDP ya above $70B imepatikanaje, mbona ni kama iliyopikwa?
Fanya hivi ni ngumu kukuelezea juu unasema unataka hard facts. Kuna mahali tatu unaeza pata hard World bank website, IMF website na Kenya National Bureau of Statistics na hizo zote zinasema Kenya iko na GDP ya $70 bn. Na kwa sababu unataka hard facts basi huna budi ila kuenda huko na kujisomea mwenyewe hiyo hard facts unayotaka. Lakini utaona wamasema kitu ninachokisema
 
Anyway loans/debt is not included in FDI inflow, even with common sense, If loans were included in FDI then Kenya would be number one in FDI, we have taken loans amounting to more than $12Billion since 2013, starting with the $3.8B SGR loan taken in 2013 and as you can see kenyans FDI in 2013 was only $372Million ... For 2015 where we got $1.4Billion FDI this was as a result of the $700Million investment in the Turkana wind firm



You make i sound as if rebasing an economy is some form of action done behind closed doors under secrecy and it only happens in Kenya..
Yes in 2013 Kenyas GDP changed after rebasing, Our 2013 economy changed from $42.6Billion to $53.4Billion thats an increase of 25.3%..


You forget that Uganda did the same in the same year in order to update her economy calclations
Uganda's GDP expands by 13 pct after rebasing

And you also forget in the same year Tanzania also followed suit and rebased her economy
Tanzania’s GDP expands by 32 pct after rebasing - officials
Tanzania’s GDP expands by 32% after rebasing - officials - CNBC Africa

After rebasing, Tanzania GDP incrased by 32%!!!!!!!! So between Kenya's 25% change and Tanzania's 32%, whose economy was more cosmeticly recalculated???



And stop bragging about FDI, yes we borrow to build roads and bridges, that means we can afford to pay back the loan and eventually own the project , while FDI means whatever the investor built using his FDI money, he will own it forever and all the profits will go back to the host country and all Tz will get is Tax money and jobs but NEVER ownership, all the gas pipes, LPG plants....even in 2050, they will still be foreign owned... if tomorrow the investor decides to take back his investment, you will be left with a big ZERO!

So, what does this mean...
Kenya to Float Green Bonds in Order to Boost FDI-Home-ICBC China
 
Haya ndiyo aina ya maswali tunayopaswa kujiuliza ili kuweza kunoa vichwa, ninaomba tuweke uzalendo pembeni ili tuingie darasani kidogo tujadili hesabu za kiuchumi.
1) Tukubaliane na hizi takwimu ulizozileta na tuanze kuzifanyia kazi, mwaka 2010 GDP ya Kenya $40B, uchumi unakua kwa wastan wa 5.5%, na GDP ya Tanzani ilikua $31B, uchumi unakua kwa wastani wa 7%. katika mwendokasi huo utasemaje gap inaongezeka badala ya kupungua au angalau kubaki lile lile?.

Kama kweli gap linaongezeka, basi yafuatayo ni mambo ambayo yanaweza kuchangia
1)GDP ya Kenya ilikuwa kubwa kuliko hiyo uliyotaja ya $40B, au
2)GDP ya Tanzania ilikuwa Ndogo kuliko hiyo iliyotajwa ya 31B au
3)uchumi wa Kenya umekua kwa kasi zaidi ya ile ya Tanzania
4)GDP ya Kenya ya sasa hivi sio sahihi, ni ndogo kuliko inavyotangazwa
5)GDP ya Tanzania ni kubwa kuliko inavyotangazwa.


Sasa tuje katika kutumia akili tu za kawaida ambazo mtu huitaji kwenda darasani, ukiangalia njia kuu zinazoziingizia mapato hizi nchi mbili, kama vile FDI, utalii, Kilimo, Manufacturing, construction, Financial services na Transportation, bado Tanzania inafanya vizuri zaidi ya Kenya katika maeneo mengi, isipokua manufacturing and financial services tu, zaidi ya maeneo hayo, Tanzania inapata mapato ya ziada kwenye madini na gas ambazo Kenya hakuna. Sasa unaposema gap la Kenya na Tanzania linaongezeka badala ya kupungua, ni kwa uchawi gani unafanyika mpaka gap liongezeke?, ndiyo pale baadhi ya watu wanakuwa na wasiwasi na uhalisia wa ukweli wa GDP ya Kenya.
Tony254, Kenya ilipofanya rebasing, uchumi ulipanda kwa 25%, mwaka mmoja baadae Tanzania ikafanya rebasing uchumi ukapanda kwa 35%, bado kwa kukua kwa uchumi katika maeneo mengi, Tanzania inaizidi Kenya, mimi ningependa kujua, mnapata wapi nguvu na ushaidi wa kusema gap kati ya Tanzania na Kenya linaongezeka?, kiukweli, mgelikua mnafikiria na kufuatilia kwa undani zaidi mambo ya uchumi ya Tanzania na Kenya, mgeshangaa kwanini hadi sasa Tanzania haijaipita Kenya kwa GDP, kwa sababu tributaries zote zinazojaza GDP, Tanzania inaizidi Kenya, tena zaidi ya mara mbili, kuanzia utalii, kilimo, FDI, transportation, Natural resources, and the list goes on......

First of all kuhusu GDP, Mwaka wa 2014, Kenya ilifanya rebasing, GDP ya 2013 ikageuka kutoka $42Billion to $53Billion.... Kunzo hesabu za kutoka kwa sector kama telecomunication na mabo kama online advatising ziliingizwa ndani ya hesabu...



second Wewe kazi yako ni kuongea sana bila kuleta data, maneno yanatoka tu bila kusema unapata wapi takwimu zako, eti tributaries zote za GDP zinaonyesha Tz inazidi Kenya, tena zaidi ya mara mbili??? like what, who how, when...

Tribitaries gani hizo , Mbali na utalii ambao mmetushinda, wacha maneno mengi leta data ya pesa zinazopatikana kutoka kwa kilimo cha nchi zote mbili uonyeshe ni wapi mmetupita mara mbili,
Leta takwimu za transportation kwani navyojua mimi Transport na logistics tuko nyuma ya SA pekeyake hapa Africa.... kwa mfano

Air transport supports 620,000 jobs, contributes US$3.2bn in GDP for Kenya
Nairobi - The International Air Transport Association (IATA) released new data showing that the air transport sector in Kenya supports some 620,000 jobs including tourism-related employment, while contributing US$3.2 billion or 5.1% of the East African nation’s GDP.
IATA - Air transport supports 620,000 jobs, contributes US$3.2bn in GDP for Kenya


Kenya ime survive ndani ya jangwa hapa EA, nyinyi mko na madini lakini sisi tuna njia nyingi za kutengeneza pesa, kama hio US$3.2 Billion kila mwaka kutokana na biashara za ndege pekee.....

Transport and logistics tuko number 42 duniani na number mbili Africa!!! Wakati Tanzania iko number 61 Duniani Global Rankings 2016 | Logistics Performance Index kama ni mambo ya meli hata ndo usiseme.. hebu sasa niambie ni transport gani hio mnaongoza mara mbili kutuliko, ni transport ya daladal au mkokoteni???

Mambo ya construction na projects kubwa kubwa tumekua tukiongoza EAC tangu 2012 .. Kwa mfano 2016 mwaka jana, out of $27Billion construction projects in EAC, Kenya ilichukua $7Billion ..... 7/27*100% =25.9.... That means 25% of $27B worth of projects in EAC+Ethiopia went to Kenya alone ...

Kenya leads East Africa with mega infrastructure projects
Kenya had the highest number of mega infrastructure projects in East Africa in 2016, Deloitte has said, noting it helped the country to maintain its lead as the regional powerhouse.
There were 11 ongoing projects valued at $7.01 billion (Sh727.98 billion) in the country last year, the consultancy firm said in the 2016 Africa Construction Trends Report.
The top projects comprised both public and private investments such as the standard gauge railway, the Lamu port berths and the Lake Turkana Wind Power Project.
“Lake Turkana Wind Power Project is the single largest private sector investment in Kenya’s history. Once completed, it will provide 310 megawatts of power to the grid, approximately 18 per cent of Kenya’s installed capacity,” the firm stated.
Kenya was followed by Ethiopia and Uganda, each with nine projects, and Tanzania with eight.
In total, East Africa had 43 projects valued at $27.4 billion (Sh2.84 trillion) spread across Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Tanzania and Uganda
----------------------------





Ikija kwa mambo ya financial services hata ndo usiseme, Benki za kenya ni mara mbili ya za Tanzania, NSE ni kubwa zaidi ya DSE,..... Kenya iko na njia nyingi nyinginezo za kutengeneza pesa
KENYA-RANK-INDEX-768x442.jpg




Kodi zinaokotwa kwa wingi, Usione simba ametulia ukadhani amelala

Kenya’s radio advertisement spend largest in Africa and the Middle East
NAIROBI, Kenya, Sept 22 – Kenya has the largest radio advertising market in the Middle East and Africa region, and the 14th largest in the world.
A PwC report shows that advertisers in Kenya splashed Sh35.3 billion on radio ads in 2016, an increase of 9.6 percent compared to 2015.
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The report predicts radio advertising to generate more revenue than Italy’s radio ad spend, a country with a bigger population and an economy 20 times larger by 2021.
The PwC Entertainment and Media Outlook report credits the success of radio advertising in Kenya to the range of radio stations allowing advertisers to reach different demographics which means targeted and more effective ad campaigns.
“Low costs and robust listenership are key pull factors to businesses looking to advertise on Kenyan stations, according to Bizna Kenya,” reads the report.
Backed by strong economic growth, the country’s TV market has grown rapidly in recent years, producing total market revenues of Sh54.9 billion in 2016. The market is expected to grow year on year to total Sh79.6 billion in 2021, with TV advertising contributing heavily.

Kenya’s radio advertisement spend largest in Africa and the Middle East - Capital Business

Radio $350 Million + Tv $549 Million === $899 Million zinaenda kwa adverts, hebu niambie kama hio si 'tributary' au indicator nzuri ya uchumi,manake ni nchi gani ambayo haina pesa itatumia dolla million 899 kwa kufanya promotion na matangazo pekee????
[/QUOTE]
 
Mbona unatoka kwenye hard discussion unarudi kwenye soft discussion?, hayo unayosema ni kwa maoni yako unavyofikiria, kila mtu anaweza kufikiria anavyoona, mimi ninataka tulitafute hilo gap unalosema ni kubwa na linaongezeka, lipo wapo?, Mimi nimekuleta kutoka 2010 mpaka tumefika 2016 nikatoa GDP za nchi zote mbili, kabla na baada ya rebasing, kabla ya rebasing gap ni $9.18B, baada ya rebasing limeshuka hadi $8B.
1)Unaposema gap ni kubwa unazungumzia gap lipi?
2)Hiyo GDP ya above $70B imepatikanaje, mbona ni kama iliyopikwa?
Hebu soma hii article ya Leo ya Business Daily. Hii ni gazeti ya biashara inayoheshimiwa sana hapa Kenya. Inasupport kila kitu niliyokuwa nakuambia

Tanzania is rapidly closing its economic gap with Kenya
SATURDAY, SEPTEMBER 23, 2017 11:01
BY NEVILLE OTUKI
Kenya’s status as East Africa’s economic powerhouse is at stake as Tanzania races closely behind, with a higher growth rate that is increasingly narrowing the gap between the two economies.
Tanzania has added impetus to its economic firepower, growing by an impressive seven per cent over the past five years compared to Kenya’s growth of just above five per cent.
The latest International Monetary Fund (IMF) data shows that Tanzania’s economy expanded seven times in the past 20 years while Kenya’s output grew five times since 1997 with the trend expected in coming years, weakening Nairobi’s future dominance.
The same data shows that there were times in the past when Kenya’s economy would be as many as four times as large as that of Uganda.
However, such a big gap has not been reached in many years and is has remained mostly below three times.
READ: INDEPTH: Mobile cash lifts 200,000 homes out of poverty
Rapid growth
In Tanzania, it is sustained rapid growth that has helped the country reduce the gap in the size of its economy compared to her neighbour.
It’s such growth that saw neighbouring Ethiopia overtake Kenya’s economy for the first time in 2015, a situation that experts say might happen again with Tanzania if nothing changes.
Kenya’s economy size was more than double that of Tanzania 20 years ago but the gap has now narrowed to less than half.
The IMF data shows that Kenya’s annual economic output, also known as gross domestic product (GDP), stood at $13.7 billion (Sh1.4 trillion) in 1997 while that of her neighbour was $6.4 billion (Sh659 billion).
This meant Kenya had an economy 114 per cent larger than Dar es Salaam, or more than double, back then.
But last year, Kenya’s economy was only 46 per cent larger than Dar, meaning Tanzania has fast been bridging the gap over the period.
The IMF data shows that Kenya’s GDP has grown five times in the past twenty years to Sh7 trillion ($68.9 billion) last year and is expected to touch $75 billion this year.
Comparatively, Tanzania’s economy has in the period expanded seven times to a GDP size of $47.1 billion, or Sh4.8 trillion last year.
It’s this break-neck growth speed that has sparked debate on whether Tanzania, with a bigger population and land mass compared to Kenya, could occupy the region’s top economic position it once held.
Kenya has been the top dog in East Africa since 1987, ahead of its neighbours Tanzania, Uganda and Rwanda in that order, attracting dozens of multinationals and global deals.
READ: Kenya may be growing but 'You can't eat GDP'
Swapped positions
Before 1987, Tanzania and Kenya swapped the pole position with Tanzania having been the biggest economy from 1982 to 1984, the IMF data shows.
A year later, Nairobi raced past it but Dar es Salaam went ahead and reclaimed the slot in 1986 only for Kenya to dislodge it permanently from 1987 to date.
Experts said that Tanzania’s newly found bullish stance on business and development, as it moves deeper into a market economy away from socialism that is entrenched in the country’s historic culture, has helped spark the growth.
Economist David Ndii has posited that Tanzania could overtake Kenya by 2021 if it continues at the pace of GDP growth it held in early 2016 when he wrote.
“Tanzania is on course to overtake Kenya’s economy in size — in five years at most — and if the current growth differential is maintained, Tanzania’s economy will be at 20 per cent larger than ours in a decade,” he wrote early last year.
Projection
However, IMF forecast data shows that by 2022, Kenya’s economy will be stand at $113 billion against Tanzania’s $78 billion, hinting that catching up with Kenya will take a longer time, if at all it will.
X N Iraki, an economics lecturer at the University of Nairobi, said that Dar is, however, very unlikely to leap past Nairobi in the foreseeable future based on the private sectors of the two economies.
Compared to Tanzania, Kenya’s private sector is far much more vibrant and has remained the country’s key engine of growth, said Dr Iraki, citing hundreds of Kenyan businesses with operations in Dar.
Whereas in both countries, growth has partly been fuelled by government-funded infrastructure projects, the private sector in Nairobi continue to do the heavy lifting.
But Kenya’s prolonged election period, drought and shelving of plans for early oil exports have dampened prospects, with the economy expected to record the slowest growth in five years.
East Africa’s economic powerhouse has always suffered dips in growth every five years when the country holds its General Election.
On the other hand, Dar has over the years enjoyed relatively smooth political transitions, handing it consistent growth.
Tanzania has also emerged as a key producer of gold and diamond and recently struck huge deposits of natural gas and helium, piling on its economic muscle.
The second largest economy in East Africa has been expanding its sea port, enabling it to import some of the goods it previously had to source from Kenya.
It’s also gearing up to construct a multi-billion dollar standard gauge railway line and a crude oil pipeline in partnership with oil-rich Uganda.
Dar, under President John Magufuli, snatched the pipeline deal from Kenya following earlier agreements between Nairobi and Kampala.
Transport system
Tanzania’s capital city last year launched the region’s first bus rapid transit (BRT) system, which has eased public transport.
Phase one of the 21-kilometre Dar rapid transit system, which has five terminals, 27 stations, seven feeder stations and three connector stations, opened last year and has 140 buses that serve thousands daily.
A World Bank cities report released in February ranked Dar es Salaam’s real estate ahead of Nairobi
The report put the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Also trailing Kenya’s economy by far is Uganda, Rwanda and Burundi, the other full members of the East African Community (EAC).
The IMF data shows that Uganda had an output of Sh$26.1 billion last year, a third of Kenya’s economy.
Kenya’s economy is eight times larger than Rwanda’s $8.4 billion (Sh865 billion). For strive-torn Burundi, the gap with Kenya is so huge that the small country would fit into the latter’s economy over 2,000 times.
READ: Ethiopia opens Sh371bn gap on Kenya’s economy
On the trading front, Tanzania has recently been cutting Kenyan orders. The two countries have recently been locked in a trade spat that saw the duo exchange import bans on several commodities such as cooking gas, wheat and milk products.
Export drivers
Official data shows that Uganda and Tanzania this year ceased to be Kenya’s export drivers after relinquishing the position to Pakistan and the United States that have upped their appetite for Kenyan goods.
Pakistan has this year overtaken Uganda as the largest buyer of Kenyan goods, while the United States is fast bridging the gap between it and Kampala on Kenya’s export market table.
Exports to Pakistan jumped 90.8 per cent to Sh24.8 billion in the year to May from Sh13 billion in a similar period last year, marking the fastest growth.
Shipments to the US grew 20 per cent to Sh18.5 billion in the period, the Kenya National Bureau of Statistics data shows.
On the flipside, exports to Uganda remained unchanged at Sh21.9 billion in the year to May while Tanzania cut back its purchases from Kenya 34 per cent to Sh8.2 billion.
Uganda has in the past years been the driver of Kenya’s exports while Tanzania was once the second largest buyer of goods from Nairobi, before narrowing its orders.
Uganda has in the past 10 years been the largest buyer of Kenyan supplies, making it a key economic partner for Nairobi.
But the clout is now waning with the slide on Kenya’s export destination table. browsers:
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Measured as the difference between the GDP of Kenya and that of Uganda as a percentage of the latter's for each year, it shows that there
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Hebu soma hii article ya Leo ya Business Daily. Hii ni gazeti ya biashara inayoheshimiwa sana hapa Kenya. Inasupport kila kitu niliyokuwa nakuambia

Tanzania is rapidly closing its economic gap with Kenya
SATURDAY, SEPTEMBER 23, 2017 11:01
BY NEVILLE OTUKI
Kenya’s status as East Africa’s economic powerhouse is at stake as Tanzania races closely behind, with a higher growth rate that is increasingly narrowing the gap between the two economies.
Tanzania has added impetus to its economic firepower, growing by an impressive seven per cent over the past five years compared to Kenya’s growth of just above five per cent.
The latest International Monetary Fund (IMF) data shows that Tanzania’s economy expanded seven times in the past 20 years while Kenya’s output grew five times since 1997 with the trend expected in coming years, weakening Nairobi’s future dominance.
The same data shows that there were times in the past when Kenya’s economy would be as many as four times as large as that of Uganda.
However, such a big gap has not been reached in many years and is has remained mostly below three times.
READ: INDEPTH: Mobile cash lifts 200,000 homes out of poverty
Rapid growth
In Tanzania, it is sustained rapid growth that has helped the country reduce the gap in the size of its economy compared to her neighbour.
It’s such growth that saw neighbouring Ethiopia overtake Kenya’s economy for the first time in 2015, a situation that experts say might happen again with Tanzania if nothing changes.
Kenya’s economy size was more than double that of Tanzania 20 years ago but the gap has now narrowed to less than half.
The IMF data shows that Kenya’s annual economic output, also known as gross domestic product (GDP), stood at $13.7 billion (Sh1.4 trillion) in 1997 while that of her neighbour was $6.4 billion (Sh659 billion).
This meant Kenya had an economy 114 per cent larger than Dar es Salaam, or more than double, back then.
But last year, Kenya’s economy was only 46 per cent larger than Dar, meaning Tanzania has fast been bridging the gap over the period.
The IMF data shows that Kenya’s GDP has grown five times in the past twenty years to Sh7 trillion ($68.9 billion) last year and is expected to touch $75 billion this year.
Comparatively, Tanzania’s economy has in the period expanded seven times to a GDP size of $47.1 billion, or Sh4.8 trillion last year.
It’s this break-neck growth speed that has sparked debate on whether Tanzania, with a bigger population and land mass compared to Kenya, could occupy the region’s top economic position it once held.
Kenya has been the top dog in East Africa since 1987, ahead of its neighbours Tanzania, Uganda and Rwanda in that order, attracting dozens of multinationals and global deals.
READ: Kenya may be growing but 'You can't eat GDP'
Swapped positions
Before 1987, Tanzania and Kenya swapped the pole position with Tanzania having been the biggest economy from 1982 to 1984, the IMF data shows.
A year later, Nairobi raced past it but Dar es Salaam went ahead and reclaimed the slot in 1986 only for Kenya to dislodge it permanently from 1987 to date.
Experts said that Tanzania’s newly found bullish stance on business and development, as it moves deeper into a market economy away from socialism that is entrenched in the country’s historic culture, has helped spark the growth.
Economist David Ndii has posited that Tanzania could overtake Kenya by 2021 if it continues at the pace of GDP growth it held in early 2016 when he wrote.
“Tanzania is on course to overtake Kenya’s economy in size — in five years at most — and if the current growth differential is maintained, Tanzania’s economy will be at 20 per cent larger than ours in a decade,” he wrote early last year.
Projection
However, IMF forecast data shows that by 2022, Kenya’s economy will be stand at $113 billion against Tanzania’s $78 billion, hinting that catching up with Kenya will take a longer time, if at all it will.
X N Iraki, an economics lecturer at the University of Nairobi, said that Dar is, however, very unlikely to leap past Nairobi in the foreseeable future based on the private sectors of the two economies.
Compared to Tanzania, Kenya’s private sector is far much more vibrant and has remained the country’s key engine of growth, said Dr Iraki, citing hundreds of Kenyan businesses with operations in Dar.
Whereas in both countries, growth has partly been fuelled by government-funded infrastructure projects, the private sector in Nairobi continue to do the heavy lifting.
But Kenya’s prolonged election period, drought and shelving of plans for early oil exports have dampened prospects, with the economy expected to record the slowest growth in five years.
East Africa’s economic powerhouse has always suffered dips in growth every five years when the country holds its General Election.
On the other hand, Dar has over the years enjoyed relatively smooth political transitions, handing it consistent growth.
Tanzania has also emerged as a key producer of gold and diamond and recently struck huge deposits of natural gas and helium, piling on its economic muscle.
The second largest economy in East Africa has been expanding its sea port, enabling it to import some of the goods it previously had to source from Kenya.
It’s also gearing up to construct a multi-billion dollar standard gauge railway line and a crude oil pipeline in partnership with oil-rich Uganda.
Dar, under President John Magufuli, snatched the pipeline deal from Kenya following earlier agreements between Nairobi and Kampala.
Transport system
Tanzania’s capital city last year launched the region’s first bus rapid transit (BRT) system, which has eased public transport.
Phase one of the 21-kilometre Dar rapid transit system, which has five terminals, 27 stations, seven feeder stations and three connector stations, opened last year and has 140 buses that serve thousands daily.
A World Bank cities report released in February ranked Dar es Salaam’s real estate ahead of Nairobi
The report put the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Also trailing Kenya’s economy by far is Uganda, Rwanda and Burundi, the other full members of the East African Community (EAC).
The IMF data shows that Uganda had an output of Sh$26.1 billion last year, a third of Kenya’s economy.
Kenya’s economy is eight times larger than Rwanda’s $8.4 billion (Sh865 billion). For strive-torn Burundi, the gap with Kenya is so huge that the small country would fit into the latter’s economy over 2,000 times.
READ: Ethiopia opens Sh371bn gap on Kenya’s economy
On the trading front, Tanzania has recently been cutting Kenyan orders. The two countries have recently been locked in a trade spat that saw the duo exchange import bans on several commodities such as cooking gas, wheat and milk products.
Export drivers
Official data shows that Uganda and Tanzania this year ceased to be Kenya’s export drivers after relinquishing the position to Pakistan and the United States that have upped their appetite for Kenyan goods.
Pakistan has this year overtaken Uganda as the largest buyer of Kenyan goods, while the United States is fast bridging the gap between it and Kampala on Kenya’s export market table.
Exports to Pakistan jumped 90.8 per cent to Sh24.8 billion in the year to May from Sh13 billion in a similar period last year, marking the fastest growth.
Shipments to the US grew 20 per cent to Sh18.5 billion in the period, the Kenya National Bureau of Statistics data shows.
On the flipside, exports to Uganda remained unchanged at Sh21.9 billion in the year to May while Tanzania cut back its purchases from Kenya 34 per cent to Sh8.2 billion.
Uganda has in the past years been the driver of Kenya’s exports while Tanzania was once the second largest buyer of goods from Nairobi, before narrowing its orders.
Uganda has in the past 10 years been the largest buyer of Kenyan supplies, making it a key economic partner for Nairobi.
But the clout is now waning with the slide on Kenya’s export destination table. browsers:
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Gap between Kenya and Tanzania's economy %
Measured as the difference between the GDP of Kenya and Tanzania as a percentage of the latter's, it shows there was a time when
Gap between Kenyan and Ugandan economies %
Measured as the difference between the GDP of Kenya and that of Uganda as a percentage of the latter's for each year, it shows that there
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Tanzania is rapidly closing its economic gap with Kenya
 
HIzi hesabu za GDP hata wachanane nazo, kunavyo vigezo vyengine vya kujua ni uchumi gani una pesa nyingi .......

Twende kwa ushuru, unlike GDP ambayo ni hesabu inapigwa juu ya hewa (Virtual Money) , Tax hua ni pesa ambazo ziko ndani ya account yani real money ambazo zimechangwa kutoka kwa kodi... kwa tax hakuna cha estimates wala nini, ni pesa za ukweli ambazo unaeza kutumia kununua kitu..

Tanzania: Record 13.371 Trillion/ - Tax Collection
The Tanzania Revenue Authority (TRA) has registered a milestone record in tax collection for the 2015/16 financial year, collecting 13.371 trillion/-; hence surpassing the 13.366 trillion/- target.
Tanzania: Record 13.371 Trillion/ - Tax Collection

13Trillion TZS ni approx $6Billion


KRA collects Sh1.2 trillion revenue in 2015/2016 financial year
NAIROBI, Kenya, Jul 27 – Kenya Revenue Authority (KRA) collected a record Sh1.210 trillion during the 2015/2016 financial marking a 13.2 percent rise.
Releasing KRA’s full year results, Commissioner General John Njiraini stated that the amount was however against the exchequer’s target of Sh1.2174 trillion which KRA missed.



1.2Trillion Ksh ni approx $12Billion





Kwahivyo kodi iliochangwa na KRA ni mara mbili ya iliochangwa na TRA.... You cannot argue with a fact like this one... Kenya doubles tanzania tax collection
 
green bond investment vs commercial loan ... Kenya has only taken one sovereign bond in history......... The others are loans, which are never included in FDI... hata wewe nawe, where is your common sense, if loans were included in FDI do you think kenyas FDI would be that low??
Depending on the nature of the loan, kama ni emergency loan that will not be included because it might be a short-term loan. Lakini kama in loan to expand the economy and it's external sourced, then that my friend is FDI. At some point that investment will reflect on GDP. You keep forgetting that bonds sio zawadi, the country will have to pay it back on agreed time frame. In another word its a loan.
 
Depending on the nature of the loan, kama ni emergency loan that will not be included because it might be a short-term loan. Lakini kama in loan to expand the economy and it's external sourced, then that my friend is FDI. At some point that investment will reflect on GDP. You keep forgetting that bonds sio zawadi, the country will have to pay it back on agreed time frame. In another word its a loan.
Yes when government utilises the bond then then the money is reflected on GDP........
but I was taking about commercial loans like SGR, road projects funded by world bank those things are not included in FDI cause if they were then Kenya would be leading in FDI , e.g The SGR $3.8Billion full amount was given to Kenya, project like this funded on WB loans are never included A US$ 743m water collector tunnel to see Murang’a supply water to Nairobi County
 
Haya ndiyo aina ya maswali tunayopaswa kujiuliza ili kuweza kunoa vichwa, ninaomba tuweke uzalendo pembeni ili tuingie darasani kidogo tujadili hesabu za kiuchumi.
1) Tukubaliane na hizi takwimu ulizozileta na tuanze kuzifanyia kazi, mwaka 2010 GDP ya Kenya $40B, uchumi unakua kwa wastan wa 5.5%, na GDP ya Tanzani ilikua $31B, uchumi unakua kwa wastani wa 7%. katika mwendokasi huo utasemaje gap inaongezeka badala ya kupungua au angalau kubaki lile lile?.

Kama kweli gap linaongezeka, basi yafuatayo ni mambo ambayo yanaweza kuchangia
1)GDP ya Kenya ilikuwa kubwa kuliko hiyo uliyotaja ya $40B, au
2)GDP ya Tanzania ilikuwa Ndogo kuliko hiyo iliyotajwa ya 31B au
3)uchumi wa Kenya umekua kwa kasi zaidi ya ile ya Tanzania
4)GDP ya Kenya ya sasa hivi sio sahihi, ni ndogo kuliko inavyotangazwa
5)GDP ya Tanzania ni kubwa kuliko inavyotangazwa.

Sasa tuje katika kutumia akili tu za kawaida ambazo mtu huitaji kwenda darasani, ukiangalia njia kuu zinazoziingizia mapato hizi nchi mbili, kama vile FDI, utalii, Kilimo, Manufacturing, construction, Financial services na Transportation, bado Tanzania inafanya vizuri zaidi ya Kenya katika maeneo mengi, isipokua manufacturing and financial services tu, zaidi ya maeneo hayo, Tanzania inapata mapato ya ziada kwenye madini na gas ambazo Kenya hakuna. Sasa unaposema gap la Kenya na Tanzania linaongezeka badala ya kupungua, ni kwa uchawi gani unafanyika mpaka gap liongezeke?, ndiyo pale baadhi ya watu wanakuwa na wasiwasi na uhalisia wa ukweli wa GDP ya Kenya.
Mkuu una PhD? Kama huna changamkia hiyo fursa mapema..

Hayo maswali yako ni fikirishi sana.. Unatoka na Thesis moja bomba sana
 
Yes when government utilises the bond then then the money is reflected on GDP........
but I was taking about commercial loans like SGR, road projects funded by world bank those things are not included in FDI cause if they were then Kenya would be leading in FDI , e.g The SGR $3.8Billion full amount was given to Kenya, project like this funded on WB loans are never included A US$ 743m water collector tunnel to see Murang’a supply water to Nairobi County
So what your saying is $200 billions Chinese have invested in Africa, Kenyan and Ethiopian SGR won't reflect on that, is that it?
 
Hebu soma hii article ya Leo ya Business Daily. Hii ni gazeti ya biashara inayoheshimiwa sana hapa Kenya. Inasupport kila kitu niliyokuwa nakuambia

Tanzania is rapidly closing its economic gap with Kenya
SATURDAY, SEPTEMBER 23, 2017 11:01
BY NEVILLE OTUKI
Kenya’s status as East Africa’s economic powerhouse is at stake as Tanzania races closely behind, with a higher growth rate that is increasingly narrowing the gap between the two economies.
Tanzania has added impetus to its economic firepower, growing by an impressive seven per cent over the past five years compared to Kenya’s growth of just above five per cent.
The latest International Monetary Fund (IMF) data shows that Tanzania’s economy expanded seven times in the past 20 years while Kenya’s output grew five times since 1997 with the trend expected in coming years, weakening Nairobi’s future dominance.
The same data shows that there were times in the past when Kenya’s economy would be as many as four times as large as that of Uganda.
However, such a big gap has not been reached in many years and is has remained mostly below three times.
READ: INDEPTH: Mobile cash lifts 200,000 homes out of poverty
Rapid growth
In Tanzania, it is sustained rapid growth that has helped the country reduce the gap in the size of its economy compared to her neighbour.
It’s such growth that saw neighbouring Ethiopia overtake Kenya’s economy for the first time in 2015, a situation that experts say might happen again with Tanzania if nothing changes.
Kenya’s economy size was more than double that of Tanzania 20 years ago but the gap has now narrowed to less than half.
The IMF data shows that Kenya’s annual economic output, also known as gross domestic product (GDP), stood at $13.7 billion (Sh1.4 trillion) in 1997 while that of her neighbour was $6.4 billion (Sh659 billion).
This meant Kenya had an economy 114 per cent larger than Dar es Salaam, or more than double, back then.
But last year, Kenya’s economy was only 46 per cent larger than Dar, meaning Tanzania has fast been bridging the gap over the period.
The IMF data shows that Kenya’s GDP has grown five times in the past twenty years to Sh7 trillion ($68.9 billion) last year and is expected to touch $75 billion this year.
Comparatively, Tanzania’s economy has in the period expanded seven times to a GDP size of $47.1 billion, or Sh4.8 trillion last year.
It’s this break-neck growth speed that has sparked debate on whether Tanzania, with a bigger population and land mass compared to Kenya, could occupy the region’s top economic position it once held.
Kenya has been the top dog in East Africa since 1987, ahead of its neighbours Tanzania, Uganda and Rwanda in that order, attracting dozens of multinationals and global deals.
READ: Kenya may be growing but 'You can't eat GDP'
Swapped positions
Before 1987, Tanzania and Kenya swapped the pole position with Tanzania having been the biggest economy from 1982 to 1984, the IMF data shows.
A year later, Nairobi raced past it but Dar es Salaam went ahead and reclaimed the slot in 1986 only for Kenya to dislodge it permanently from 1987 to date.
Experts said that Tanzania’s newly found bullish stance on business and development, as it moves deeper into a market economy away from socialism that is entrenched in the country’s historic culture, has helped spark the growth.
Economist David Ndii has posited that Tanzania could overtake Kenya by 2021 if it continues at the pace of GDP growth it held in early 2016 when he wrote.
“Tanzania is on course to overtake Kenya’s economy in size — in five years at most — and if the current growth differential is maintained, Tanzania’s economy will be at 20 per cent larger than ours in a decade,” he wrote early last year.
Projection
However, IMF forecast data shows that by 2022, Kenya’s economy will be stand at $113 billion against Tanzania’s $78 billion, hinting that catching up with Kenya will take a longer time, if at all it will.
X N Iraki, an economics lecturer at the University of Nairobi, said that Dar is, however, very unlikely to leap past Nairobi in the foreseeable future based on the private sectors of the two economies.
Compared to Tanzania, Kenya’s private sector is far much more vibrant and has remained the country’s key engine of growth, said Dr Iraki, citing hundreds of Kenyan businesses with operations in Dar.
Whereas in both countries, growth has partly been fuelled by government-funded infrastructure projects, the private sector in Nairobi continue to do the heavy lifting.
But Kenya’s prolonged election period, drought and shelving of plans for early oil exports have dampened prospects, with the economy expected to record the slowest growth in five years.
East Africa’s economic powerhouse has always suffered dips in growth every five years when the country holds its General Election.
On the other hand, Dar has over the years enjoyed relatively smooth political transitions, handing it consistent growth.
Tanzania has also emerged as a key producer of gold and diamond and recently struck huge deposits of natural gas and helium, piling on its economic muscle.
The second largest economy in East Africa has been expanding its sea port, enabling it to import some of the goods it previously had to source from Kenya.
It’s also gearing up to construct a multi-billion dollar standard gauge railway line and a crude oil pipeline in partnership with oil-rich Uganda.
Dar, under President John Magufuli, snatched the pipeline deal from Kenya following earlier agreements between Nairobi and Kampala.
Transport system
Tanzania’s capital city last year launched the region’s first bus rapid transit (BRT) system, which has eased public transport.
Phase one of the 21-kilometre Dar rapid transit system, which has five terminals, 27 stations, seven feeder stations and three connector stations, opened last year and has 140 buses that serve thousands daily.
A World Bank cities report released in February ranked Dar es Salaam’s real estate ahead of Nairobi
The report put the economic value of Dar’s real estate at Sh1.2 trillion ($12 billion) ahead of Nairobi’s Sh927 billion ($9 billion) – a Sh273 billion gap.
Also trailing Kenya’s economy by far is Uganda, Rwanda and Burundi, the other full members of the East African Community (EAC).
The IMF data shows that Uganda had an output of Sh$26.1 billion last year, a third of Kenya’s economy.
Kenya’s economy is eight times larger than Rwanda’s $8.4 billion (Sh865 billion). For strive-torn Burundi, the gap with Kenya is so huge that the small country would fit into the latter’s economy over 2,000 times.
READ: Ethiopia opens Sh371bn gap on Kenya’s economy
On the trading front, Tanzania has recently been cutting Kenyan orders. The two countries have recently been locked in a trade spat that saw the duo exchange import bans on several commodities such as cooking gas, wheat and milk products.
Export drivers
Official data shows that Uganda and Tanzania this year ceased to be Kenya’s export drivers after relinquishing the position to Pakistan and the United States that have upped their appetite for Kenyan goods.
Pakistan has this year overtaken Uganda as the largest buyer of Kenyan goods, while the United States is fast bridging the gap between it and Kampala on Kenya’s export market table.
Exports to Pakistan jumped 90.8 per cent to Sh24.8 billion in the year to May from Sh13 billion in a similar period last year, marking the fastest growth.
Shipments to the US grew 20 per cent to Sh18.5 billion in the period, the Kenya National Bureau of Statistics data shows.
On the flipside, exports to Uganda remained unchanged at Sh21.9 billion in the year to May while Tanzania cut back its purchases from Kenya 34 per cent to Sh8.2 billion.
Uganda has in the past years been the driver of Kenya’s exports while Tanzania was once the second largest buyer of goods from Nairobi, before narrowing its orders.
Uganda has in the past 10 years been the largest buyer of Kenyan supplies, making it a key economic partner for Nairobi.
But the clout is now waning with the slide on Kenya’s export destination table. browsers:
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Tanzania is rapidly closing its economic gap with Kenya
BY NEVILLE OTUKI
10 HOURS AGO
Nakumatt’s ‘elephant’ moved from TRM store
BY STELLAR MURUMBA
11 HOURS AGO
Chamber of commerce picks new CEO
BY BONFACE OTIENO
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ARM 12.40 ▼0.30(2.36%) BAMB
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Gap between Kenya and Tanzania's economy %
Measured as the difference between the GDP of Kenya and Tanzania as a percentage of the latter's, it shows there was a time when
Gap between Kenyan and Ugandan economies %
Measured as the difference between the GDP of Kenya and that of Uganda as a percentage of the latter's for each year, it shows that there
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Which vibrancy is Kenyan private sector r u talking about? Do u mean GoK Protectionism that prevent them from fair competition looking at wheat, dairy n grain export saga to Kenya from Tanzania? The report covers Kenya's GDP after rebasing while Tanzania’s before rebasing. Typical of lousy Kenyan media n what makes me laugh, they r sure of $75 bln mark this year with all that happens in Kenya at the moment! I call that desperation..[emoji23] [emoji115]
 
Haya ndiyo aina ya maswali tunayopaswa kujiuliza ili kuweza kunoa vichwa, ninaomba tuweke uzalendo pembeni ili tuingie darasani kidogo tujadili hesabu za kiuchumi.
1) Tukubaliane na hizi takwimu ulizozileta na tuanze kuzifanyia kazi, mwaka 2010 GDP ya Kenya $40B, uchumi unakua kwa wastan wa 5.5%, na GDP ya Tanzani ilikua $31B, uchumi unakua kwa wastani wa 7%. katika mwendokasi huo utasemaje gap inaongezeka badala ya kupungua au angalau kubaki lile lile?.

Kama kweli gap linaongezeka, basi yafuatayo ni mambo ambayo yanaweza kuchangia
1)GDP ya Kenya ilikuwa kubwa kuliko hiyo uliyotaja ya $40B, au
2)GDP ya Tanzania ilikuwa Ndogo kuliko hiyo iliyotajwa ya 31B au
3)uchumi wa Kenya umekua kwa kasi zaidi ya ile ya Tanzania
4)GDP ya Kenya ya sasa hivi sio sahihi, ni ndogo kuliko inavyotangazwa
5)GDP ya Tanzania ni kubwa kuliko inavyotangazwa.

Sasa tuje katika kutumia akili tu za kawaida ambazo mtu huitaji kwenda darasani, ukiangalia njia kuu zinazoziingizia mapato hizi nchi mbili, kama vile FDI, utalii, Kilimo, Manufacturing, construction, Financial services na Transportation, bado Tanzania inafanya vizuri zaidi ya Kenya katika maeneo mengi, isipokua manufacturing and financial services tu, zaidi ya maeneo hayo, Tanzania inapata mapato ya ziada kwenye madini na gas ambazo Kenya hakuna. Sasa unaposema gap la Kenya na Tanzania linaongezeka badala ya kupungua, ni kwa uchawi gani unafanyika mpaka gap liongezeke?, ndiyo pale baadhi ya watu wanakuwa na wasiwasi na uhalisia wa ukweli wa GDP ya Kenya.

Ndo maana huwa ninawaambia kila siku data zao ni za kupikwa na Jubilee! Kaka umefanya kosa kutoni-tag kwenye hii argument. Maana mimi ni strong believer wa unachosema. Kingine ukiacha financial n mobile sectors ambazo kwa Tanzania pia zinakua with mobile sector even performing better than in Kenya, airline industry yao inagonga loss kila siku na inamaanisha ina-shrink.

Kwenye construction sector Tanzania is the largest cement n now steel producer in the region n what's funny not accounted in their sinister biased calculation. N as far as infrastructure projects just like their Mombasa-Nairobi project there is a significant progress towards our SGR with Dar-Morogoro section U/C! While tender for Dar-Chalinze 100km super highway is open. Meanwhile 2 fly over projects in Dar U/C aside massive airports construction around the country n several roads n power projects across the country.

Mind u new construction boom in Dodoma n earlier on in Mtwara, massive Dar, Tanga, Mwanza, Kigoma n Mtwara ports expansion, massive water projects including pipelines financed by government of India around Victoria basin, central Tanzania n Dar n lastly, Hoima-Tanga pipeline are not factored.

In Tourism sector though Nairobi has had several hotels (at least 6) U/C Dar is also having hotels U/C from Nyerere Tower, behind Uhuru Height, at Mzizima Towers aside Morroco Area n Kawe n Mlimani City n not to forget Magufuli stopped a 5 star hotel construction in Sabasaba grounds n at least two resorts around Kigamboni though not much publicized. While Arusha n Mwanza are also having some meanwhile Zanzibar is making a kill in that sector (over 10 hotels) plus beach, golf, diving n yatch n marineparks.

To me Kenya beats us only in their media exaggeration. A thing I don't feel offended as far as i know what really happens on the ground btn these two countries.
 
So what your saying is $200 billions Chinese have invested in Africa, Kenyan and Ethiopian SGR won't reflect on that, is that it?
on FDI??

Let me put it in another way... Public debt doubles to Sh3.77tn in five years

Kenya's government debt June 2013 was Sh1.89 trillion (using this year exchange rate, thats approx $18Billion).. By June 2017, the debt climed to Sh3.77 trillion .......... 3.77 - 1.89=1.88

So in five years we have accumulated a new debt of $18B if we were to use this data.........
But from the FDI data on Kenya, it shows that between 2013 and 2016 we recieved less than $3Billion when all the FDI is combined..... when the debt we accumulated is over that same period is $18Billion.


Not unless you want to tell me that Kenya is deliberately under declaring its FDI investments, I don't think leans are added into FDI
 
Yes when government utilises the bond then then the money is reflected on GDP........
but I was taking about commercial loans like SGR, road projects funded by world bank those things are not included in FDI cause if they were then Kenya would be leading in FDI , e.g The SGR $3.8Billion full amount was given to Kenya, project like this funded on WB loans are never included A US$ 743m water collector tunnel to see Murang’a supply water to Nairobi County
Not FDI for sure but a loan.
 
on FDI??

Let me put it in another way... Public debt doubles to Sh3.77tn in five years

Kenya's government debt June 2013 was Sh1.89 trillion (using this year exchange rate, thats approx $18Billion).. By June 2017, the debt climed to Sh3.77 trillion .......... 3.77 - 1.89=1.88

So in five years we have accumulated a new debt of $18B if we were to use this data.........
But from the FDI data on Kenya, it shows that between 2013 and 2016 we recieved less than $3Billion when all the FDI is combined..... when the debt we accumulated is over that same period is $18Billion.


Not unless you want to tell me that Kenya is deliberately under declaring its FDI investments, I don't think leans are added into FDI
You get my point now of all what I n Ndii have been saying about my doubt on ur figures.
 
Ndo maana huwa ninawaambia kila siku data zao ni za kupikwa na Jubilee! Kaka umefanya kosa kutoni-tag kwenye hii argument. Maana mimi ni strong believer wa unachosema. Kingine ukiacha financial n mobile sectors ambazo kwa Tanzania pia zinakua with mobile sector even performing better than in Kenya, airline industry yao inagonga loss kila siku na inamaanisha ina-shrink.

Kwenye construction sector Tanzania is the largest cement n now steel producer in the region n what's funny not accounted in their biased calculation. N as far as infrastructure projects just like their Mombasa-Nairobi project there is a significant progress towards our SGR with Dar-Morogoro section U/C! While tender for Dar-Chalinze 100km super highway is open. Meanwhile 2 fly over projects in Dar U/C aside muc massive airports construction around the country n several roads n power projects across the country. Mind u construction boom in Dodoma not factored.

In Tourism sector though Nairobi has had several hotels (at least 6) U/C Dar is also having hotels U/C though not much publicized. While Arusha n Mwanza are also having some meanwhile Zanzibar is making a kill in that sector. To me Kenya beats us only in their media exaggeration. A thing I don't feel offended as far as i know what really happens in the ground.
Hizo zote its jush wishful stuff, I am very sure last year you made a similar list of projects U/C in Tz are proof that Tz is ahead of Kenya. Just wait at the end of 2017, someone more professional will complile a list of all active projects done in 2017, then we will know who did the most both interms of numbers and value of projects...

It is not Kenya that does Tanzania GDP calculation, So stop accusing us of 'biased' calculations.... A typical Tanzanian move -Blame Kenya or others for your shortcomings..
And as for your braging about cement, yes the likes of dangote setting up cement factories in Tz has made rise your cement production.... But thats just production of raw materials......

Who is the largest consumer of cement and Steel in this region?????? because the one who is using more cement and steel is the one who is doing more development projects

For example 2014 Cement cosumption in Kenya was..

Kenya is looking forward to a big surge in its need for steel, which is projected to grow from 1.8 million tonnes to 2.5 million tonnes by 2020, Sinosteel to Feed Kenya's Demand for Steel - Breakbulk Events & Media

While Tanzania slated to be EA biggest and Africa's fourth Largest producer 2014 consumtion was..
Tanzania will be the fourth after South Africa that produces 8.5 million tons of iron per year. Other leading iron ore producing countries include Egypt (eight million) and Libya (two million tons).
Currently, the country's 21 steel industries produce only 200,000 tons of iron against the annual demand of 800,000 tons. The 600,000 tons of iron consumed in the country are imported.
TANZANIA TO BECOME THE FOURTH BIGGEST PRODUCER OF IRON IN AFRICA BY 2018 - Corporate Digest



Cement consumtion is the same scenario


And as for construction projects, While you are taking about Dar-Moro SGR under construction, we aready finshed Msa-Nai and ae currently Nai-Naivasha, when you are talking about some two flyovers in Dar, we've alreay got plenty of those and other new ones comming up
36626118280_b658b7a469_b.jpg




While you talking about a tender bieng opened for Dar-Chalinze 100km super highway we have aready awarded a tender for Msa-Nairobi 472km 4 lane expressway,

This is how the road would look like
cxa2mhazuvmfyf559c6b1646dd65.jpg


And it will come with designated SEZ in different towns along the expressway -click image to zoom
DGdh2XDXgAALwGN.jpg:large






Sometimes I wonder why I even bother, I should just sit back and let you guys assume you lead in everything and are about to overtake Kenya, then suprize you with photoes of completed projects
 
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