Kwanini Rais Magufuli hakutupa takwimu za uwekezaji wa Watanzania Kenya?

[Livale]

Livale the other thing is those Kenyan companies in Tanzania r eyeing incentives to trade within SADC a thing Tanzania isn't interested in COMESA looking at her immediate neighbors being also in ever expanding SAC or SADC

Nah, that's just a tertiary benefit, not the main aim. Tanzania is a big economy and market by African standards, Kenyan companies are keen to capture that market first. Exports to SADC or any other region come mainly from Kenya itself which is why we are the 2nd largest exporter to the COMESA region.

 

[Geza Ulole]

Nah, that's just a tertiary benefit, not the main aim. Tanzania is a big economy and market by African standards, Kenyan companies are keen to capture that market first. Exports to SADC or any other region come mainly from Kenya itself which is why we are the 2nd largest exporter to the COMESA region.

but how about proximity? and incentives under COMESA?

 

[Livale]

but how about proximity? and incentives under COMESA?

COMESA starts from Egypt all the way to SA. Among all 19 COMESA countries, Kenya's 3 largest export markets are Tanzania which we share a border, UG which we share a border and Egypt which is farther from Tz than from Kenya so what proximity are you talking about.

Then Kenyan companies not accustomed to exporting tend to open plants in the specific market and thus do away with the whole disincentives in form of imports duty, bureaucratic handles and cross-border logistics management. Very few if any would think of building a plant in Tz for exporting to proximal vital markets.

 

[Geza Ulole]

COMESA starts from Egypt all the way to SA. Among all 19 COMESA countries, Kenya's 3 largest export markets are Tanzania which we share a border, UG which we share a border and Egypt which is farther from Tz than from Kenya so what proximity are you talking about.

Then Kenyan companies not accustomed to exporting tend to open plants in the specific market and thus do away with the whole disincentives in form of imports duty, bureaucratic handles and cross-border logistics management. Very few if any would think of building a plant in Tz for exporting to proximal vital markets.

First Tanzania is not a member of COMESA! there are those Kenyan companies that are for SADC incentives and invest in Tanzania due to the fact Tanzania borders many of the other SADC countries!

 

[Mwanzi1]

Oh boy, are you even serious!

21 century syndrome, people like to believe their taller that everyone else in the room. Didn't see any point raised from your comment.

 

[Mwanzi1]

First Tanzania is not a member of COMESA! there are those Kenyan companies that are for SADC incentives and invest in Tanzania due to the fact Tanzania borders many of the other SADC countries!

Geza Ulole, the image [emoji115] tells us more why there are 529 Kenyan companies roaming around all corners of Tanzania. Watuambie where in Africa they have more more than 500 Kenyan companies. Let dedicate to them Ali kiba's song - Aje.

 

[Livale]

Read this

but how about proximity? and incentives under COMESA?

Then this

First Tanzania is not a member of COMESA! there are those Kenyan companies that are for SADC incentives and invest in Tanzania due to the fact Tanzania borders many of the other SADC countries!

And see how you are arguing with yourself about COMESA.

Then as I said, Kenyan companies invest in Tanzania to capture the Tanzanian market, not to gain an export proxy. Exports to SADC members, most of which are COMESA members come directly from Kenya or the Kenyan companies invest in the respective countries themselves in order to avoid import tarrifs and lengthy Bureaucracies and logistics management across borders. Trade within SADC is not tarrif free, neither is there free seamless movement of commodities just as is with COMESA so no incentives gained by investing in Tanzania for export as opposed to just exporting direct from Kenya

 

[Livale]

21 century syndrome, people like to believe their taller that everyone else in the room. Didn't see any point raised from your comment.

You clearly seem to be more of a victim of this syndrome. I didn't see the need to raise any point to counter your purports for they are a myriad. Read my response to Geza's claim that MMI is East Africa's largest steel company as an example.

Geza Ulole, the image [emoji115] tells us more why there are 529 Kenyan companies roaming around all corners of Tanzania. Watuambie where in Africa they have more more than 500 Kenyan companies. Let dedicate to them Ali kiba's song - Aje.

I've said it before, and I'll say it again if that's what it takes to drum in this point. Tanzania is a big market and economy by African standards, and it even helps that we share a long border and enjoy improved mobility of factors of production. Kenyan companies are there chiefly to capture that market, anything else is a tertiary benefit. The strong presence of Kenyan companies in all our friendly neighbors says a lot about the maturity of each country's business environment

 

[Geza Ulole]

Read this

Then this

And see how you are arguing with yourself about COMESA.

Then as I said, Kenyan companies invest in Tanzania to capture the Tanzanian market, not to gain an export proxy. Exports to SADC members, most of which are COMESA members come directly from Kenya or the Kenyan companies invest in the respective countries themselves in order to avoid import tarrifs and lengthy Bureaucracies and logistics management across borders. Trade within SADC is not tarrif free, neither is there free seamless movement of commodities just as is with COMESA so no incentives gained by investing in Tanzania for export as opposed to just exporting direct from Kenya

when u invest in Tanzania with over 8 neighbors u have more advantage as a company in a SADC member state and entitled to incentives extended to any company by SADC member! try to know what it means by economic blocks first! SADC is way ahead as far as free movements n non tarrifs are concerned! name me one more country sharing borders with eight neighbors!

 

[Geza Ulole]

You clearly seem to be more of a victim of this syndrome. I didn't see the need to raise any point to counter your purports for they are a myriad. Read my response to Geza's claim that MMI is East Africa's largest steel company as an example.

I've said it before, and I'll say it again if that's what it takes to drum in this point. Tanzania is a big market and economy by African standards, and it even helps that we share a long border and enjoy improved mobility of factors of production. Kenyan companies are there chiefly to capture that market, anything else is a tertiary benefit. The strong presence of Kenyan companies in all our friendly neighbors says a lot about the maturity of each country's business environment

A reason they make losses day and night as they have failed to compete! only those eyeing export have survived e.g. EA Cables unlike the likes of Bidco and Nakumatt and so many, KBC is in Tanzania for over 10 years and hardly they even have captured 5% of banking industry! as a matter of fact their morgage packages in Tanzania are cheaper than those in Kenya! 😛

 

[Mwanzi1]

You clearly seem to be more of a victim of this syndrome. I didn't see the need to raise any point to counter your purports for they are a myriad. Read my response to Geza's claim that MMI is East Africa's largest steel company as an example.

I've said it before, and I'll say it again if that's what it takes to drum in this point. Tanzania is a big market and economy by African standards, and it even helps that we share a long border and enjoy improved mobility of factors of production. Kenyan companies are there chiefly to capture that market, anything else is a tertiary benefit. The strong presence of Kenyan companies in all our friendly neighbors says a lot about the maturity of each country's business environment

If you took five more minutes to respond you could've come up something reasonable. On one hand you said Kenya companies are in Tanzania to capture Tanzanian market which is bigger to African standard. On other hand your saying it make sense to be in Tanzania because Tanzania is bordering with 8 Countries. But you forget that 6 of those countries are in SADC, and from those 6 you can gain even more SADC counties also, it help with the cost of transporting good plus other bureaucracy of border crossing. Let me tell you why you have so many Kenya companies in Tanzania, it was tax incentive which they use to enjoy investors ( 10 years tax holiday) they couldn't get this back home they rushed for the gold. Even though this is not the case but all the companies have continued to stay in Tanzania and are growing in numbers. To them Tanzania offer a brighter future belonging in two trading blocks which are more advanced compares to other part of Africa.

 

[Geza Ulole]

Mwanzi1 the other thing is COMESA block is dissected into two by 2 countries a non member Tanzania n DRC a member with poor infrastructure. It takes a smart person to see Tanzania strategic position to invest there as can save the Sn COMESA members though under SADC n still the Northern 4 members under EAC. Business circles know all this considering the poor infrastructure n landlocked nature of her members that can only easily be accessed via Tanzania a non COMESA member.

 

[Geza Ulole]

Otherwise Kenyan businessmen would have invested in Mandera to serve Ethiopian, Djibotian, Eritrea n Somalian markets that r in COMESA if those Nn members with exception of Sudan (way farther disconnected from Kenya) n Egypt r the kind of markets they yap in here

 

[Geza Ulole]

Mwanzi1 the other thing is COMESA block is dissected into two by 2 countries a non member Tanzania n DRC a member with poor infrastructure.

It takes a smart person to see Tanzania strategic position to invest there as can save the Sn COMESA members though under SADC n still the Nn 4 members under EAC while the rest unstable.

Business circles know all this considering the poor infrastructure n landlocked nature of her members that can only easily be accessed via Tanzania a non COMESA member.

 

[Livale]

If you took five more minutes to respond you could've come up something reasonable. On one hand you said Kenya companies are in Tanzania to capture Tanzanian market which is bigger to African standard. On other hand your saying it make sense to be in Tanzania because Tanzania is bordering with 8 Countries . But you forget that 6 of those countries are in SADC, and from those 6 you can gain even more SADC counties also, it help with the cost of transporting good plus other bureaucracy of border crossing. Let me tell you why you have so many Kenya companies in Tanzania, it was tax incentive which they use to enjoy investors ( 10 years tax holiday) they couldn't get this back home they rushed for the gold. Even though this is not the case but all the companies have continued to stay in Tanzania and are growing in numbers. To them Tanzania offer a brighter future belonging in two trading blocks which are more advanced compares to other part of Africa.

Huh?! And where did I say anything even half related to the bolded part?

And I see you didn't understand my post. Re-read it, this time with an open mind and grasp what I implied then counter it with something logic. Let's keep this discussion objective and positive.

 

[Mwanzi1]

. Kenyan companies are there chiefly to capture that market, anything else is a tertiary benefit.

If you think the befits of Kenya companies benging in Tanzania is to sale as cheap medical insurance and Royco mchuzi mix then I might be talking to a wrong person.

Huh?! And where did I say anything even half related to the bolded part?

And I see you didn't understand my post. Re-read it, this time with an open mind and grasp what I implied then counter it with something logic. Let's keep this discussion objective and positive.

What your implied here is Kenya doesn't need Tanzania and Tanzania should be thankful to have Kenya investment. This is has been a poor mindset of many young Kenyans I've red most of their comments here in JF. When Pres. Magufuli mentioned that there are 529 Kenyan companies active doing business in Tanzania even Pres. Kenyatta eyes popped. This means this is Kenyan money left the county and now is in Tanzania's flourishing economy. Those Kenya compaies who have cross over are not known as Kenyan co.Ltd they are known Tanzania Co.Ltd. any why so? One avoiding double Taxation and two, is to enjoy all BENEFIT from the economic agreement which Tanzania holds with other countries and market. If you think KCB Kenya is equal to KCB Tanzania put then the problem is bigger than I've thought.

 

[itongo]

It's because whatever it is they wanna do in Kenya, a Kenyan is already doing it if not even better hence the competition in Kenya creates an uncondusive environment for them. It's the same reason as to why bakhresa group has no operations in South Africa, shop rite has no operations in Kenya, KCB has no operations in Egypt.

Uchumi ilifungasha kwa sasa nakumatt wanafuatia acha majigambo mtoto wa kike

 

[yomboo]

kama kenya si conducive kwa business je? Did u ask urself why the likes of METL and Bakhresa are all over Southern Africa and Eastern Africa but skip Kenya?

Because Kenyans do not buy cheap quality products

 

[Mwanzi1]

Mwanzi1 the other thing is COMESA block is dissected into two by 2 countries a non member Tanzania n DRC a member with poor infrastructure. It takes a smart person to see Tanzania strategic position to invest there as can save the Sn COMESA members though under SADC n still the Northern 4 members under EAC. Business circles know all this considering the poor infrastructure n landlocked nature of her members that can only easily be accessed via Tanzania a non COMESA member.

Your right, if I can recall correctly there was a time Pres. Kenyatta was trying to flex Kenya's muscles with CoW by pushing Tanzania on one side. Raila worn Kenyatta that if you tickle Tanzania in the wrong way, they will move very quickly and block all Kenyan in DRC. And that is very possible. Ethiopia is very protective country and they know what Kenya stands for. Ethiopia have decided not to wait for Kenya Lamu project, but to established a new getaway of Djibouti. Uganda the same with route of Tanga. South Sudan are thinking of going Djibouti or using Tanga through Uganda.

 

[Mwanzi1]

Because Kenyans do not buy cheap quality products

That was an old Kenya, when Uhuru was elected his first trip abroad was to Russia and China. What does that tell you the Kenya of today. I hope MITUMBA is not cheap quality product too.