KCB half-year profit is more than the combined profits of top ten Banks in Tanzania

[Chige]

Sasa tangu lini June kukawa quater of a year? Wewe tafuta mwalimu wa shule ulienda akakurudishia fee juu hakuna ulichotoka nayo huko.

Ndo maana nimesema nyie watu ni vilaza!!

Hizo ni Ripoti 2 tofauti:-

1. Quarterly Report kwa upande wa Tanzania; kwa maana ni takwimu zilizoishia March 31,
2. For the first six months report kwa upande wa Kenya... kwa maana takwimu zinazoishia June 30!

Lakini kwa upande mwingine, kama hujui ikiwa june kunakuwa na quarter of the year, huko Kenya mngekuwa mnapewa elimu mzuri ungefahamu kwa june inaitwa "second quarter"!

Haya jibu swali ambalo nilikuuliza! Tatizo lenu hasa ni lipi?! Ni kwamba lugha ya Malkia inawapiga chenga pamoja na tambo zenu zisizo na maana yoyote, au namba ndo tatizo kutokana na elimu duni mnayopewa huko Kenya?!

Concern ya swali langu inatokana na ukweli kwamba, kila ninapoona threads zenu hapa JF, nyingi huwa zinaishia ku-expose uelewa mdogo mlio nao!!

 

[Teargass]

Ndo maana nimesema nyie watu ni vilaza!!

Hizo ni Ripoti 2 tofauti:-

1. Quarterly Report kwa upande wa Tanzania; kwa maana ni takwimu zilizoishia March 31,
2. For the first six months report kwa upande wa Kenya... kwa maana takwimu zinazoishia June 30!

Lakini kwa upande mwingine, kama hujui ikiwa june kunakuwa na quarter of the year, huko Kenya mngekuwa mnapewa elimu mzuri ungefahamu kwa june inaitwa "second quarter"!

Haya jibu swali ambalo nilikuuliza! Tatizo lenu hasa ni lipi?! Ni kwamba lugha ya Malkia inawapiga chenga pamoja na tambo zenu zisizo na maana yoyote, au namba ndo tatizo kutokana na elimu duni mnayopewa huko Kenya?!

Concern ya swali langu inatokana na ukweli kwamba, kila ninapoona threads zenu hapa JF, nyingi huwa zinaishia ku-expose uelewa mdogo mlio nao!!

Because you have so many excuses, let`s look at full year results. KCB 24B, Top 10 banks in Tz 20B.
KCB full year profit up 22% to Sh24 billion - Business Today Kenya

 

[Chige]

Because you have so many excuses, let`s look at full year results. KCB 24B, Top 10 banks in Tz 20B.
KCB full year profit up 22% to Sh24 billion - Business Today Kenya
View attachment 1598728

Yaani ndo kwanza unazidi kudhihirisha kwamba kwa head hamna kitu!!

Intro ya The Citizen inasema "Eleven of the 12 most profitable commercial banks in Tanzania reported increased profits in 2019!

Wakati huo huo unaambatanisha na ripoti nyingine inayosema:- "Sustained revenue growth and prudent cost management helped raise KCB Group PLC full year 2018 net profit by 22% to a record Ksh 24 billion."

Yaani kutoka kwenye kulinganisha ripoti ya robo mwaka na ile ya nusu mwaka, hivi sasa umeamua kulinganisha ripoti ya mwaka 2018 na ya 2019!!!!

Again, jibu swali langu manake bado unaendelea kuleta viroja:-

Hivi tatizo lenu hasa ni lipi?! Ni kwamba lugha ya Malkia inawapiga chenga pamoja na tambo zenu zisizo na maana yoyote, au namba ndo tatizo kutokana na elimu duni mnayopewa huko Kenya?!

Unalinganisha vipi performance ya misimu miwili tofauti?!

 

[Teargass]

Yaani ndo kwanza unazidi kudhihirisha kwamba kwa head hamna kitu!!

Intro ya The Citizen inasema "Eleven of the 12 most profitable commercial banks in Tanzania reported increased profits in 2019!

Wakati huo huo unaambatanisha na ripoti nyingine inayosema:- "Sustained revenue growth and prudent cost management helped raise KCB Group PLC full year 2018 net profit by 22% to a record Ksh 24 billion."

Yaani kutoka kwenye kulinganisha ripoti ya robo mwaka na ile ya nusu mwaka, hivi sasa umeamua kulinganisha ripoti ya mwaka 2018 na ya 2019!!!!

Again, jibu swali langu manake bado unaendelea kuleta viroja:-

Hivi tatizo lenu hasa ni lipi?! Ni kwamba lugha ya Malkia inawapiga chenga pamoja na tambo zenu zisizo na maana yoyote, au namba ndo tatizo kutokana na elimu duni mnayopewa huko Kenya?!

Unalinganisha vipi performance ya misimu miwili tofauti?!

Sasa wewe shidako ni nini? Zote ni full year results ama sio full year results? Mbona unajiaibisha? Kama ulikuwa unataka ya 2019 basi ndio hii hapa, tena kuja na excuse ingine. Kwanza sasa hii ni 25b.
https://www.businessdailyafrica.com...igh-interest-income/4003102-5487928-10x152ez/
KCB net profit rises to Sh25.1 billion on high interest income

 

[mhanila1]

In which perspective do you look at the word economy? GDP numbers? Government efficiency in performing its obligation to its citizens? If the former is the case, what about debt to GDP ratio? Can GDP act as a good defn of bigger economy while at the same time the country's debt to GDP ratio rises to red ink?

Don't you believe that GDP is just a number? If u don't just look at the majority citizens style of living and then go through making a comparison between Tz and Kenya.

And if the latter is the case, what about these two countries Govt efficiencies? The one can't even satisfy its citizens with food, so do you still believe that GDP is the good factor to make a comparison? What does it mean?

Btw, you started by rating yourself that you know a little bit of economy so it admits of no doubt that you are somehow a layman of economy.

If you really know economy you wouldn’t dare to argue that way, it’s true there are many factors that can be used to measure economy of a country, can you use them and compare and see which factor is putting Tanzania ahead of Kenya. Food sufficient is not enough there are countries that are importing food and are better economically than those with sufficient food.

To understand that Kenya has big economy than Tanzania ask your self what are the imports from Kenya to Tanzania and vice versa, you will see that Kenya is importing raw materials from Tanzania while Tanzania is importing finished products from Kenya. In this type of trade which country is benefiting more, in short Tanzania is helping Kenya economy to grow faster by adding value to our produce and exporting the finished products back to Tanzania and elsewhere.

If we really want our economy to grow and reach that of our brothers and sisters we should say the truth about the size of our economy and strategize where would we like to be at a given period of time instead of denying the truth that won’t help our economy to grow and reach Kenyan Economy and even grow further.

 

[Nicxie]

Fuatilia ujue hyo ni pesa ya nn zen kuhusu suala la madini usijisumbue kabisa cz Tz ndiyo inayofanya vzr kwa ss kwa ukanda, nikikutajia inaingiza pesa ngp per annum utalia humu [emoji3][emoji3]

Madini mnazo ila swali ni je, imewasaidia kwa lipi kama sisi ambao hatuna madini tumepiga hatua mbele kuwaliko? Nyinyi na DRC hamna tofauti: mmebarikiwa na madini ila uvundo wa umasikini inanuka kila mahali

 

[Nicxie]

Hizo faida mnazopata zinaenda wapi kwani???maana kila Kitu mnakopa mixer hamna hata hela ya kulipa baadhi ya watumishi Kwenye sector mhimu

Sisi tunakopa ila nyinyi mnapewa misaada na World Bank na IMF. Huoni utofauti hapo?

 

[Nicxie]

Mnajifanya wajuaji wakenya, ndiyo maana corona bado hamjui namna ya kuikabili na mtaenda lockdown mpaka mwakani, ona sasa shule zote zitafungua mwakani, nina mtoto anasoma huko amekaa nyumbani mpaka nashangaa ni taifa gani halina strategies za kukabila majanga poor kenyans

Huyo mtoto wako mbona ulisumbuka kumsajili shule ya Kenya? Huko kwenu hamna mashule?

 

[Mkikuyu- Akili timamu]

If you really know economy you wouldn’t dare to argue that way, it’s true there are many factors that can be used to measure economy of a country, can you use them and compare and see which factor is putting Tanzania ahead of Kenya. Food sufficient is not enough there are countries that are importing food and are better economically than those with sufficient food.

To understand that Kenya has big economy than Tanzania ask your self what are the imports from Kenya to Tanzania and vice versa, you will see that Kenya is importing raw materials from Tanzania while Tanzania is importing finished products from Kenya. In this type of trade which country is benefiting more, in short Tanzania is helping Kenya economy to grow faster by adding value to our produce and exporting the finished products back to Tanzania and elsewhere.

If we really want our economy to grow and reach that of our brothers and sisters we should say the truth about the size of our economy and strategize where would we like to be at a given period of time instead of denying the truth that won’t help our economy to grow and reach Kenyan Economy and even grow further.

Why are you comparing apples to oranges?

1. This so called banks profits in kenya are just a symptom of a serious crisis, these banks are the major lenders to GoK. Its a despicable business where they borrow from central bank then lend to Gok. Something that Magufuli himself said is unacceptable, - He would rather let those banks die.And even to a layman, this is pure BS.. Banks exist to lend to people and businesses, not to fleece treasury coffers..though the ever bankrupt Gok is a very willing albeit stupid borrower.

2. Tz economy by GDP PPP is bigger than kenya, income equality is among the best in africa. Wholesale importation of manufactured goods from kenya is at an all time low since Tz is now firing up its industries and eating up kenya market share with its low industrial production costs. Cherry picking small data points to support your predetermined notion is not the practice of economists..You have to look at the whole picture.

3. If there is anything that Tanzania can do now is to obtain Foreign Capital to build infrastructure and lend to local manufacturers, that is the missing link. Tz is now a middle income country and has shown ability to payback huge loans. the only caveat here is not to borrow stupidly with hubris like kenya. Tz GDP is at $60b with 27% Debt to GDP, kenya was at GDP $60b in 2015 and their hubris Debt to GDP was at 40%. Tz has a better growth base and an even better debt ceiling compared to kenya - Thats how you analyse an economy.

 

[Nicxie]

Hawa jamaa wanachokijua zaidi kujibebesha sifa zetu, yani kila kilicho Tanzania ni chao, mlima Kilimanjaro wanaulilia usiku mchana ni wao, nimejiuliza hata hilo janga la moto juzi tunaofanya jitihada kuuzima ni sisi lakini wao tayari wameshaenda mbali zaidi kwenye vyombo vya habari wakisema moto unawaka kwenye mlima wao, yani inatia aibu sana

Let a sleeping dog lie. If you know you know 😂 😂

 

[Nicxie]

Why are you comparing apples to oranges?

1. This so called banks profits in kenya are just a symptom of a serious crisis, these banks are the major lenders to GoK. Its a despicable business where they borrow from central bank then lend to Gok. Something that Magufuli himself said is unacceptable, - He would rather let those banks die.And even to a layman, this is pure BS.. Banks exist to lend to people and businesses, not to fleece treasury coffers..though the ever bankrupt Gok is a very willing albeit stupid borrower.

2. Tz economy by GDP PPP is bigger than kenya, income equality is among the best in africa. Wholesale importation of manufactured goods from kenya is at an all time low since Tz is now firing up its industries and eating up kenya market share with its low industrial production costs. Cherry picking small data points to support your predetermined notion is not the practice of economists..You have to look at the whole picture.

3. If there is anything that Tanzania can do now is to obtain Foreign Capital to build infrastructure and lend to local manufacturers, that is the missing link. Tz is now a middle income country and has shown ability to payback huge loans. the only caveat here is not to borrow stupidly with hubris like kenya. Tz GDP is at $60b with 27% Debt to GDP, kenya was at GDP $60b in 2015 and their hubris Debt to GDP was at 40%. Tz has a better growth base and an even better debt ceiling compared to kenya - Thats how you analyse an economy.

You have talked about so much that I would have liked to respond to individually but since that's not possible at the moment, I just want to pick the one that stands out for me.

I know you are a Tanzanian (even though you were so clever in picking your username and avatar to use in this forum) but sometimes blind patriotism is bad. Did you do any research before talking about GDP PPP between these two countries or did patriosm overrun your thinking and analyzing abilities? According to World Bank data, Kenya's GDP PPP was at $1816.5 in 2018. Tanzania's GDP PPP was $1122.1 last year (2019). How then is Tanzania's GDP PPP bigger than Kenya's as you imply above?
GDP per capita (current US$) - Kenya | Data

Don't throw away the voice of reason out of the window just because you've been blinded by patriotism

 

[Nicxie]

EQUITY BANK pia ina matawi Tanzania tena kila region sasa mnachojivunia hiyo TURNOVER amabyo imechagizwa na vipato vya watanzania ambapo uchumi wetu haujasimama kama wenu na tunaendelea kuzalisha, mnafikiri sisi watanzania ni kama nyie mmejawa na UKABILA na UBAGUZI, huko kenya hata sisi tuna baadhi ya bank zetu zina matawi huko lakini mnazisusia hata kufungua account huko mnaona ni heri mfungue acc kwenye bank zenu yani nyie watu ni WABINAFSI sana watu wa ajabu sana nyie

Hata Cooperative bank haina tawi Tanzania lakini bado inashinda hizo banki zenu na faida. Vijisababu hamkosangi

 

[Mkikuyu- Akili timamu]

You have talked about so much that I would have liked to respond to individually but since that's not possible at the moment, I just want to pick the one that stands out for me.

I know you are a Tanzanian (even though you were so clever in picking your username and avatar to use in this forum) but sometimes blind patriotism is bad. Did you do any research before talking about GDP PPP between these two countries or did patriosm overrun your thinking and analyzing abilities? According to World Bank data, Kenya's GDP PPP was at $1816.5 in 2018. Tanzania's GDP PPP was $1122.1 last year (2019). How then is Tanzania's GDP PPP bigger than Kenya's as you imply above?
GDP per capita (current US$) - Kenya | Data

Don't throw away the voice of reason out of the window just because you've been blinded by patriotism

I will respond to you even if you are a bone head.
I said GDP PPP NOT GDP PPP per capita
See your life😒😒

 

[pofy gia]

Sisi tunakopa ila nyinyi mnapewa misaada na World Bank na IMF. Huoni utofauti hapo?

Siku mkitoka huku nixtue MINIX

 

[pofy gia]

Sisi tunakopa ila nyinyi mnapewa misaada na World Bank na IMF. Huoni utofauti hapo?

Siku mkitoka huku nixtue MINIXView attachment 1598887

 

[Nicxie]

I will respond to you even if you are a bone head.
I said GDP PPP NOT GDP PPP per capita
See your life😒😒

You think you are so good at analyzing data? Below are GDP PPP figures from World Bank. Kenya is at $237,073. Tanzania is at 155,993. That's almost double Tanzania's figures. All these are 2019 figures.
GDP, PPP (current international $) | Data

Try a different line danganyikan and please, stick to your lane, dickhead.
Adios!

 

[Nicxie]

Siku mkitoka huku nixtue MINIXView attachment 1598887

You are relying on a tweet? Again, is UAE an international body like IMF and World Bank that give you grants and donations?

 

[Nicxie]

lleta evidnce Exim Bank Tanzania ni ya India!

It's like saying KCB Bank Tanzania ni ya Tanzania!

 

[pofy gia]

You are relying on a tweet? Again, is UAE an international body like IMF and World Bank that give you grants and donations?

Aisee bora ya burundi ninyi ni kituko

 

[nomasana]

Hahaha.....this topic got y'all bongos feeling sideways, ain't it? Imewasinya sana hadi mnaanza kubadilisha mada. Mara eti corona, mlima kilimanjaro eti GDP, eti raslimali.... wtf is wrong with y'all 🤔🤔🤣🤣

Hii wivu na chuki yenu ya kitoto inachekesha lakini pia inatia huruma