IMF: Kenya GDP set to Double Tanzania by 2016

Interesting. But Kenya is a land of firsts. It has privatised airline in Africa, It has the best athletes in Africa and the worst football clubs' As For politics ....well lemme say nothing.
But the region is also poised to also run ahead. By 2016 assuming that others also get oil and/or LNG. They will give Kenya a run for money.

mwathai said:

Interesting. But Kenya is a land of firsts. It has privatised airline in Africa, It has the best athletes in Africa and the worst football clubs' As For politics ....well lemme say nothing.
But the region is also poised to also run ahead. By 2016 assuming that others also get oil and/or LNG. They will give Kenya a run for money.

Click to expand...

this report has not dwelled on oil, it will tek Kenya a minimum of 5 years to see petrol dollars. Its simply good workmanship n soberness in executing economic policies, prioritising what the nation needs and the rest fall into place. The pillars of vision 2030, ICT, bla bla and proper infrastructure. With oil the report would have been another thing altogether, ''super economy''.

Sawa msaidie maskini walio wengi wakenya OK ..hasa maeneo ya kisumu etc..uchumi usibakie kwa wachache hasa KIKUYU GROUP..mkifanya hivyo itakuwa bora kwenu

Besides, IMF reports siyo indicator nzuri kwa maisha on the ground, na hawa wazungu wakianza kukusifia ujuwe unaliwa?? ukute mmeanza kuliwa..

Sina kinyongo na maendeleo ya Kenya (that will be blessing to my KIDS nina watoto na mke mkenya)..lakini WB na IMF hawangalia sana umaskini kwenye grassroots...paper reports does not help too much

Msiwe na over confidence kwa kuona mmewashinda wa Tanzania kwa uchumi ulioko kwenye makaratasi (reports) and no real life kwenye street..just a reminder

simplemind said:

Fuel consumption is a good indicator of development level. Kenya currently consumes more fuel than the combined total for Tanzania,Uganda,Rwanda and Burundi.

Click to expand...

It is important to note that oil discovery is a plus for Kenya if and only if resource curse issues are avoided. These include rampant corruption, impunity, nepotism, tribalism etc

I am not dissappointed by the situation, we Tanzanian we can use it as a mirror to asses the economic way we are walking on. The real differences with our neighbours are they produce and have a vast Multinational Companies Investment in their country, and at the same time they strive to market their products even ours like Mount Kilimanjaro while we still stumble on impunity and go laziness affairs!!

Wake up my fellows, UBEPARI NI UNYAMA!!

Topical said:

Sawa msaidie maskini walio wengi wakenya OK ..hasa maeneo ya kisumu etc..uchumi usibakie kwa wachache hasa KIKUYU GROUP..mkifanya hivyo itakuwa bora kwenu

Besides, IMF reports siyo indicator nzuri kwa maisha on the ground, na hawa wazungu wakianza kukusifia ujuwe unaliwa?? ukute mmeanza kuliwa..

Sina kinyongo na maendeleo ya Kenya (that will be blessing to my KIDS nina watoto na mke mkenya)..lakini WB na IMF hawangalia sana umaskini kwenye grassroots...paper reports does not help too much

Msiwe na over confidence kwa kuona mmewashinda wa Tanzania kwa uchumi ulioko kwenye makaratasi (reports) and no real life kwenye street..just a reminder

Click to expand...

Bravo Topical.

Some crazy one hasnt realised how to size his battles yet.lol. Even with facts you still raise your head? You should be hiding mate.

Topical said:

Sawa msaidie maskini walio wengi wakenya OK ..hasa maeneo ya kisumu etc..uchumi usibakie kwa wachache hasa KIKUYU GROUP..mkifanya hivyo itakuwa bora kwenu

Besides, IMF reports siyo indicator nzuri kwa maisha on the ground, na hawa wazungu wakianza kukusifia ujuwe unaliwa?? ukute mmeanza kuliwa..

Sina kinyongo na maendeleo ya Kenya (that will be blessing to my KIDS nina watoto na mke mkenya)..lakini WB na IMF hawangalia sana umaskini kwenye grassroots...paper reports does not help too much

Msiwe na over confidence kwa kuona mmewashinda wa Tanzania kwa uchumi ulioko kwenye makaratasi (reports) and no real life kwenye street..just a reminder

Click to expand...

hapo kwenye nyekundu, kuna welfare programme zinazo target wakenya maskini ambayo pilot project ilianza kwenye miji mikuu Kenya, kama Kisumu, Nairobi.. wanapata takribani kshs. 2000.00 kwa mwezi through mpesa, na huo ni mwanzo tu. Tuna nia na bidii ya kujitoa katika umaskini, Kenya ni nchi maskini lakini tunajaribu kutoka tulipo na kwa kasi. Uchaguzi mkuu unaokuja ukipita bila ya rapsha wala vurugu na tumuingize rais makini, Kenya ita kuwa a country to watch in Africa.. watch this space mkuu. Mimi ni mkenya lakini bibi wangu Mtanzania.

kitu kizuri ni kuwa kenya has a very skilled manpower built on other industries except minerals, now this manpower will shift to oil and transform the country overnight. its possible kenya could become fully industrialized by 2030

Nairoberry said:

kitu kizuri ni kuwa kenya has a very skilled manpower built on other industries except minerals, now this manpower will shift to oil and transform the country overnight. its possible kenya could become fully industrialized by 2030

Click to expand...

Nairoberry,

..but there is a report that claims by 2030 Tanzanias economy will be bigger than Kenyas!!! there r all kinds of reports out there.

..we have such a myopic administration in Tanzania, thats why I have to agree with the findings that Kenyas gdp will double that of Tanzania by 2016. Hebu fikiria kwamba power rationing in Tanzania ilianza wakati Kikwete ni Minister of energy back in the 90s. Sasa leo hii 2006 ni Raisi on his second term and he still can not come up with plans/projects kumaliza tatizo hilo.

.

90% of Tanzanians are stupid,Kenyans just go ahead and revolutionalize the economy of your country,I will be happy if one day you will be like one of Asians economic tigers,hard work pays - Tanzanians we are still busy cheap politics

JokaKuu said:

Nairoberry,

..but there is a report that claims by 2030 Tanzanias economy will be bigger than Kenyas!!! there r all kinds of reports out there.

..we have such a myopic administration in Tanzania, thats why I have to agree with the findings that Kenyas gdp will double that of Tanzania by 2016. Hebu fikiria kwamba power rationing in Tanzania ilianza wakati Kikwete ni Minister of energy back in the 90s. Sasa leo hii 2006 ni Raisi on his second term and he still can not come up with plans/projects kumaliza tatizo hilo.

.

Click to expand...

Brother don't be fooled that report saying tanzania will overtake kenya was from the tanzania ministry of finance. So what else did you expect?

Nairoberry said:

Brother don't be fooled that report saying tanzania will overtake kenya was from the tanzania ministry of finance. So what else did you expect?

Click to expand...

Nairoberry,

..Hapana. The report is frm Standard Chartered Bank.

..I dont really pay attention to all these reports. I think what happens on the ground right now will determine where our two countries will be in 4,10,15 yrs.

..kwa kweli huu utawala wa CCM umeshindwa, sasa ni juu ya wananchi kuuondoa kama wanahitaji kupata maendeleo kama wenzao wa Kenya,Mozambique,Namibia, Botswana, etc etc.

JokaKuu said:

Nairoberry,

..Hapana. The report is frm Standard Chartered Bank.

..I dont really pay attention to all these reports. I think what happens on the ground right now will determine where our two countries will be in 4,10,15 yrs.

..kwa kweli huu utawala wa CCM umeshindwa, sasa ni juu ya wananchi kuuondoa kama wanahitaji kupata maendeleo kama wenzao wa Kenya,Mozambique,Namibia, Botswana, etc etc.

Click to expand...

What is standard bank? Just an obscure south african bank even equity or kcb can do a report and claim kenya ecnomy will double south africa by 2030. the best reports are from imf world bank and afdb

Nairoberry usidanganyike jomba! If the report is from the western be careful kuna kitu kinatafutwa hapo! coming 2016 Tz will have a new leadership forget about awkward admins by Mkwe-re! Hamtakaa mtukute, mafuta yenu yenyewe ni kibaba tu ndo mnatupigia keleleee! By the way how ur sisters are they doin? Wanatupendaga hao ingawa wengi wao ni wabaya!

Nairoberry said:

What is standard bank? Just an obscure south african bank even equity or kcb can do a report and claim kenya ecnomy will double south africa by 2030. the best reports are from imf world bank and afdb

Click to expand...

Nairoberry,

..It is Standard Chartered Bank, not Standard Bank.

..zamani sana sana sana ndiyo walikuwa Standard Bank wakaungana na Chartered Bank.

Nairoberry said:

What is standard bank? Just an obscure south african bank even equity or kcb can do a report and claim kenya ecnomy will double south africa by 2030.

Click to expand...

Comparing Standard Chartered Bank to Equity/KCB is like comparing Heaven and Earth🙂

Nairoberry said:

the best reports are from imf world bank and afdb

Click to expand...

Yes, a fore-mentioned report is a product of Standard Chattered Bank, WB, and the IMF as seen below:


It seems you rushed to comment without really understanding the content of it/or did you??🙂

you are wrong my friend firstly standard chartered did not factor the oil Kenya has discovered in that foolish report above and i do not see where they say tanzania will overtake Kenya. that report still in 2030 Kenya will be ranked number five but i believe and rely supported by more credible world bank and IMF figures Kenya economy will be number 3 in africa by 2025

....and can you show me where the world bank and if at all IMF supported that report while the IMF has a contradictory report posted here showing Kenya by 2016 achieving double growth than tz and in fact overwhemingly triplling its GDP and in 2030 it will be in region of 200 billion USD if we go by their estimates..... and please spare me the drama am not a standard seven graduate :yell:

Nairoberry said:

you are wrong my friend firstly standard chartered did not factor the oil Kenya has discovered in that foolish report above and i do not see where they say tanzania will overtake Kenya. that report still in 2030 Kenya will be ranked number five but i believe and rely supported by more credible world bank and IMF figures Kenya economy will be number 3 in africa by 2025

Click to expand...

Where did you get the notion of calling people who are better educated than you foolish?🙂

[h=1]Razia Khan[/h] [h=1]Head of Research, Africa[/h] Razia Khan is Standard Chartered Bank's London-based Regional Head of Research, Africa
Razia currently works both in the African Regional Office, advising the Executive Committee on matters relating to Africa, and at the Wholesale Bank, where she provides in-depth analysis on African economies to the Bank's clients.

Standard Chartered Bank provides regular monthly and ad-hoc theme-based publications on African economies and markets, and has received recognition for providing the best research on Africa. In 2006 and 2007, the Bank won Banker Magazine's 'Best Bank in Africa' award.

During her time with Standard Chartered Bank, Razia has been acknowledged as the leading analyst on African economies. As well as advising key multinational corporations and funds with African interests in Europe, the US, Asia, and the Middle East, she is a frequent visitor to Africa, sharing her insights on African economies with clients and policy makers. Razia is frequently called on to provide analysis of African markets on BBC, CNN, Bloomberg, CNBC, and the BBC World Service.

Reflecting the Bank's unparalleled market knowledge of African economies, Razia also provides regular African updates to institutions such as the US Treasury, the African Development Bank, and a range of African central banks and multilateral institutions with an interest in Africa.

She started her career with Standard Chartered Bank in 1997, initially working with Global Markets in Botswana. Shortly thereafter, she joined the London Dealing Room, spearheading the development of Treasury research in African foreign exchange and money markets. Following the merger between the Group's market and internal research functions, she was promoted to the post of Regional Head of Research for Africa.

Razia is a graduate of the London School of Economics with a BSc Hons degree in Economics and an MSc (Econ) in Development, including Monetary Economics and International Trade Law.


Razia.Khan@sc.com
+44 20 7885 6914