Strong Kenya shilling hurting exports to Tanzania, Uganda

[pingli-nywee]

There is no way a country like Tz Which has higher GNI and GDP PPP Than kenya can have a lower currency. Their exports are also higher than kenya, FDI also higher, and their import bill is going lower due to substitution of petroleum imports with gas.
Magufuli is manupulating Tz currency, hiding the true wealth of Tanzania, he wants to have favourable financing from WB which gives cheap loans to "poor" countries

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.

 

[edwardbm]

Your country kenya, need to intervene. Unless your income does not depend on export.

 

[Mkikuyu- Akili timamu]

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

 

[Iconoclastes]

There is no way a country like Tz Which has higher GNI and GDP PPP Than kenya can have a lower currency. Their exports are also higher than kenya, FDI also higher, and their import bill is going lower due to substitution of petroleum imports with gas.
Magufuli is manupulating Tz currency, hiding the true wealth of Tanzania, he wants to have favourable financing from WB which gives cheap loans to "poor" countries

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.

 

[joto la jiwe]

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.

Usiwe mvivu wa kusoma kaka, all these are easly available on internet, you can search at your comfortable time

 

[Iconoclastes]

Usiwe mvivu wa kusoma kaka, all these are easly available on internet, you can search at your comfortable time

I know that he is lying. Just post the stats here. Sio vyema kudanganyana peupe hivi.

 

[Mkikuyu- Akili timamu]

I know that he is lying. Just post the stats here. Sio vyema kudanganyana peupe hivi.

These stuff has been discussed/over discussed here on JF, Stop claiming ignorance.Go back to those threads read and see the sources
List of African countries by GDP (PPP)
Tanzania beats Kenya on GNI

 

[joto la jiwe]

I know that he is lying. Just post the stats here. Sio vyema kudanganyana peupe hivi.

I tried to warn you, see now how Mkikuyu has undressed you in the presence of your children [emoji1] [emoji1] [emoji1] [emoji1] [emoji1]

 

[NDINDA]

I tried to warn you, see now how Mkikuyu has undressed you in the presence of your children [emoji1] [emoji1] [emoji1] [emoji1] [emoji1]

[emoji23][emoji23][emoji23][emoji23][emoji23][emoji23]

 

[pingli-nywee]

Let Me Educate you, Below acts are collectively called currency manupulation.
View attachment 830175
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

..... 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.

 

[Mkikuyu- Akili timamu]

..... 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

 

[joto la jiwe]

Punguza feelings Msee..its never that serious

Hahahahahaha utaua watu jombaa, punguza Kosovo, oi, oi, oi, oi [emoji1] [emoji1] [emoji1] [emoji1] [emoji1]

 

[hydrogen]

Source for what? That Kenyas Forex is dependent on Remitances from relatives abroad? and less on exports?
Or source for this article?

remitances pia inatokana na export ya human resource, tusikariri jamani.

 

[pingli-nywee]

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.

 

[hydrogen]

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?

 

[joto la jiwe]

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.

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

 

[Mkikuyu- Akili timamu]

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.

 

[Mkikuyu- Akili timamu]

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.

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

 

[pingli-nywee]

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!

 

[eliakeem]

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.