Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
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Hata Kiswahili chako kibovu ulitakiwa uandike Tanzania inategemea Kenya kwa soko la mazao yake!
Hata Kiswahili chako kibovu ulitakiwa uandike Tanzania inategemea Kenya kwa soko la mazao yake!Kwa hiyo wewe Geza kati ya pointi zote nimeandika wewe umeiona hiyo tuu? Hata hivyo hujaelewa uwe unapunguza mihemko ya ligi then unatuliza akili unasoma,namaanisha soko kubwa la farm produce zetu ni Kenya,nenda Tantrade,wizara ya viwanda etc utapata hizi takwimu sioti.Elimu yangu ni fm 1,una hoja nyingine? Tusiposema ukweli nchi haitasonga na tutaendelea kudanganywa na ccm miaka na miaka
I Don't know... Why not ask them.. and also ask why they prefer Kenya over Tz.Tanzanian parents who send their kids to Kenyan schools are shortsighted, I mea, really? Why do they take their children to Iraq? To learn what, the art of war? How do you let your kid be in the midst of beasts who are mannerless!
Simple question,do you know the difference between a loan and a donation?Kenya depends on loans from Chinese to finance her budget
Kenya secures $600 mln Chinese loan to support budget: IMF envoy
Thu May 26, 2016 1:24pm GMT
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NAIROBI (Reuters) - Kenya's government has secured a $600 million loan from China to support the budget, the representative of the International Monetary Fund to Kenya said on Thursday.
"They expect the money in the next two weeks," the IMF's Armando Morales told Reuters, adding that government officials had informed him that the deal had been finalised. He did not give further details.
A senior Treasury official said in April that the loan would help fund the deficit for the year ending June 30. The deficit for 2015/16 is expected to be 7.9 percent of gross domestic product, down from the 8.7 percent originally forecast.
(Reporting by Duncan Miriri; Writing by Edmund Blair; Editing by Mark Heinrich)
Kenya secures $600 mln Chinese loan to support budget: IMF envoy | Reuters
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the difference is on interest rate but the reality remains the same both Kenya and Tanzania can not support their budgets! Kenya would love to receive donations from the West but since was disqualified during Kibaki era the option remaining is to take loans.Simple question,do you know the difference between a loan and a donation?
Hehe... No country can support their expenditure.. That's why every country has debt. It's how you bridge that gap that matters.the difference is on interest rate but the reality remains the same both Kenya and Tanzania can not support their budgets! Kenya would love to receive donations from the West but since was disqualified during Kibaki era the option remaining is to take loans.
Then why do they still continue sending them to Kenya??1 Africa, Tanzania has more IB and cambridge certified schools than Kenya for one to even think of sending her/his kid to Kenya!
u r crayz!Hehe... No country can support their expenditure.. That's why every country has debt. It's how you bridge that gap that matters.
FYI; you don't pay back a donation but for a loan,you must, with an extra charge on top.
It takes one to know one.u r crayz!
Utaanzaje kulinganisha jiji na bajeti ya nchi. Nigeria ina bajeti ya 30bn na Kenya 23bn, sasa ukifoka eti Lagos yailemea bajeti ya Kenya na ukitazama yalemea bajeti ya Nigeria yenyewe hauezi saidika wewe.Wakenya kwa mijisifa hajambo
vibudget vinyewe vidogo Tu budget ya Kenya inaziDiwa Na jiji la Lagos Nigeria. Hii budget ya Kenya Si chochote haikidhi mahitaji . Kwa mfano Kuna wagonjwa wako jera Kenyatta national hospital kwa kukosa pesa ya malipo. Kwao hii budget Ni kiini macho Tu. Haya MK 254 hakuna kitu Ni bure kabisa Na huna maana yeyote by Mwai Kibaki
Budget kubwa imeenda kwenye vita ya alshaababKila siku watu wanaimba humu jinsi wataipita Kenya, jinsi Kenya haipo mbali, jinsi Kenya ni kainchi kadogo na watakafikia tu.
Bajeti hii hapa
Kenya - $22.62b
Tanzania - $13.51b
Uganda - $7.9b
Rwanda - $2.6
East African governments want to implement taxation measures that will see them make good their promise to promote local manufacturing and reduce importation of goods, particularly second-hand clothes and shoes.
- East African governments want to implement taxation measures that will see them make good their promise to promote local manufacturing and reduce importation of goods, particularly second-hand clothes and shoes.
- Steel rolling mills, textiles, animal feeds and leather benefit from increased duties meant to promote local industries.
- Overall, the four countries increased their annual budgets for the 2016/2017 fiscal year, with the focus on increased taxes, even as the integration policies took backstage.
- Regional finance ministers have proposed taxation measures that seek to rope in the informal sector, which contributes about 55 per cent of sub-Saharan Africa’s gross domestic product.
Rwanda increased taxes on used clothes from $0.2 to $2.5 per kilogramme, and on used shoes from $0.2 to $3 per kilogramme, while Tanzania increased taxes on the second-hand clothes from $0.2 to $0.4 per kilogramme, coming into the same band with Kenya, which effected a similar increase in the previous financial year.
“Taxes on used clothes and shoes will increase as a way of supporting locally made products and industries. East African heads of state agreed to promote industries that can produce textile. Now someone has to take the bull by its horns. Let used clothes go to other regions, because we want our industries to grow,” said Claver Gatete, Rwanda’s Finance Minister.
READ: EAC heads of state to ban used clothes and shoes imports
Rwanda is also targeting the cement, sugar, rice and clothing sectors, where it believes local production can reduce imports, as it enhances ongoing export promotion efforts by the export promotion fund. Meanwhile, Kenya is exempting garments and leather footwear produced in the export processing zones from VAT.
Clive Akora, the associate director, tax and regulatory services at audit firm KPMG said the move would protect the EPZs, which face competition from imports.
“Kenyans will now have access to locally made high-quality clothes and footwear previously exclusively made for the export market. However, EPZ enterprises have a quota for exports into Kenya and it will be interesting to see how the exemption will be implemented in view of this quota,” said Mr Akora.
Common external tariffs
Tanzania’s Finance Minister Philip Mpango said the government would also introduce a 10 per cent Customs duty on flat rolled products of iron and increase the Customs duty on iron rods and bars and steel from 10 per cent to 25 per cent to ensure that the locally produced products can compete with imports.
This is in line with the region’s finance ministers’ agreement to amend the common external tariffs (CETs) in the region’s Common Market Act.
The amendments to the CETs range from iron products, cement, automotive bolts and nuts, fishing nets and oil and petrol filters. These amendments have not been mentioned in the Kenyan budget statement. However, it is likely that the proposed amendments to the CET will be implemented.
“All these measures were agreed to by the finance ministers from all EAC member states to protect local industries,” said Dr Mpango.
Tax amnesty
The region has also reduced the cost of doing business in a bid to attract more investors with Rwanda proposing to scrap corporate income tax for international companies with headquarters in Rwanda and with an investment of $10 million. Furthermore, any person investing more than $50 million in Rwanda will enjoy a seven-year tax holiday.
Kenya is also proposing a tax amnesty for 2016 and prior years for all principal taxes, penalties and interest for those who repatriate assets and income to the country, provided the taxpayers submit their return and accounts for the year of income 2016.
Push for local manufacturing to hurt East Africa integration
siwatetei wakenya bt daaah...your grammar is apalling even for a beginner, unatuaibisha sana kule skyscrapper city.Tanzanian parents who send their kids to Kenyan schools are shortsighted, I mea, really? Why do they take their children to Iraq? To learn what, the art of war? How do you let your kid be in the midst of beasts who are mannerless!
siwatetei wakenya bt daaah...your grammar is apalling even for a beginner, unatuaibisha sana kule skyscrapper city.Tanzanian parents who send their kids to Kenyan schools are shortsighted, I mea, really? Why do they take their children to Iraq? To learn what, the art of war? How do you let your kid be in the midst of beasts who are mannerless!
actually bugeti bubwa imeenda kwa infrastructure. ..Budget kubwa imeenda kwenye vita ya alshaabab
wewe kenge hujui kitu kuhusu siasa pande hii, hujui mwenge unahusu nini, hujui kwanini chato pamechaguliwa kuwekwa kiwanja pale, sababu ni kufurika kwa maji uwanja wa mwanza kipindi cha mvua, na ni plan ilikuwepo kabla hajawa raisi, na sio one man army, kusingekuwepo na ministers u know, na uchaguzi ukifanyika sasa hivi atashinda mara dufu, kwa iyo plz wacheni wivu na kubonga sana kuhusumambo huna idea nayo, ni ufara high grade u know, makes one puke