Strong Kenya shilling hurting exports to Tanzania, Uganda

Trouble is you think the Tzshs has only been weaker, compared to KES during the Magufuli administration. I once used to exchange the Kenyan shilling for 9,10,11 Tzshs. Its always been a straight fall for the Tanzanian currency.
 
Trouble is you think the Tzshs has only been weaker, compared to KES during the Magufuli administration. I once used to exchange the Kenyan shilling for 9,10,11 Tzshs. Its always been a straight fall for the Tanzanian currency.
Let Me Educate you, Below acts are collectively called currency manupulation.

Low inflation, stable currency spur Tanzania economy
Magufuli takes all the countries dollars, makes it very hard for citizens to acquire dollars by devaluing Tsh and uses the dollars to pay for infrastrucure projects as you keep wondering where he gets the money from.
Meanwhile, he substitutes the most foreign exchange consuming import(Petroleum) with Cheap gas mined in tanzania.
Currecy manupulation 101
 

Tanzania has higher GNI and PPP than Kenya? Prove it dear brother. Even the devil would exercise some decency when it comes to telling lies.
 
..... and Magufuli makes the sun rise and the cocks crow, and all the women pregnant just by looking in their direction. I have heard this crap before, I just don't remember where exactly.
 
Punguza feelings Msee..its never that serious
Which 'feelings'? Because I said the truth about the dictator JPM, that is making you sleep, breathe and eat here at Kenya news and politics? You don't like that? Pathetic is the word. Lazima unavunda kama mzoga wa paka shume. Take some time off and take a bath or something.
 
Shilling stronger due to eurobond and Remittance from relatives Not because the country is earning more from exports of tea/coffee (Job creating activities)
export sio tea, coffee and gold tu. hata human resource inayosababisha hizo remitance ni export pia ama unasemaje?
 
Don't take it too personal jombaa, Kenya na Tanzania ni watani wa jadi. Huku kwetu umuhimu wa tribes is to make jocks, unaweza ukataniwa hadi ukalia lakini hauruhusiwi kurusha ngumi au kutukana
 
export sio tea, coffee and gold tu. hata human resource inayosababisha hizo remitance ni export pia ama unasemaje?
No, You are mixing up things.
Let me Give the Defination of GNI so that you see where Foreign employement (exported labour) is accounted for
The gross national income (GNI) is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents (Todaro & Smith, 2011: 44) (all figures in millions of US ...
Already Tz GNI trumps kenya GNI.
The remittances we are talking about is from Kenyans who are NOT residents of kenya ie they pay taxes to US/UK whatever.
 
JPM was not voted for by tanzanians to make Jubilee happy so I fully understand your frustrations. About him being a "dictator" I have no recollection of kenya surpassing Tz in democracy index. Kenya is always undemocratic and tribal
 
Don't take it too personal jombaa, Kenya na Tanzania ni watani wa jadi. Huku kwetu umuhimu wa tribes is to make jocks, unaweza ukataniwa hadi ukalia lakini hauruhusiwi kurusha ngumi au kutukana
Eti nichukulie propaganda za mtakatifu Yohana 'personal'? Hahaha! [emoji1] Sipo kwenye timu yenu ya kujaza server na kukesha kwenye jukwaa la Kenya News. Sijatupia matusi, sijaona yeyote aliyetaja makabila na wala sijaelewa jocks ndio nini. Hizi ndizo akili za makada wa fisiemu! [emoji1] Aisee, kazi ipo!
 
remitances pia inatokana na export ya human resource, tusikariri jamani.

Ahaaa haaa haaa
Ukiona a good number of your citizens are moving away to seek for jobs. It's an early warning for economic downturn. In countries which the welfare of citizens is good people are seldom moving away.
 
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