Tanzania beats Kenya on construction growth
Tanzania beats Kenya on construction growth
- Thread starter Geza Ulole
- Start date
Kafrican
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- Jan 26, 2015
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numbers don't lie... i love you mama tanzania
Yes indeed, numbers dont lie, so tanzania construction growth at 9% while kenya at 7%
lets do it in absolute terms
tz ----- 9% of $53 billion is $4.8B worth of construction capital.
ke ------ 7% of $75 billion is $5.3 billion worth of construction capital
------------ ,kati ya nchi hizo mbili, kenya ndo inaongoza kwa investment ya miundombinu ,alafu ndo tanzania, hayo mambo ya growth rate inalingana na uchumi wa nchi lakini interms of absolute money kenya inawekeza zaidi....
like you guys said, numbers dont lie!!
i will give you my answer if you can first name any project in tz that is over a billion usd that is not related to the mining industry which is a capital intensive industry.
Mkikuyu- Akili timamu
JF-Expert Member
- Feb 16, 2018
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SMH..You are better than this..You cant understand the meaning of Growth rate? Tz Economy is growing at 7% while kenya is doing 5% That does not make Tz bigger than kenya..SMH
mkorinto
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- Jun 11, 2014
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Kenya can only be compared to mbwiiii mbwiiiii mbwiiiiiii.
Katoe hiyo avatar kwanza kisha uje uandike tena.
mkorinto
JF-Expert Member
- Jun 11, 2014
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Hata nyinyi husema mna uchumi mkubwa kuliko tz right???? Hamwezi sema tu mna uchumi mkubwa,mkaishia hivyo.
simplemind
JF-Expert Member
- Apr 10, 2009
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Percentages are misleading. In dollar teams its very possible 7.2% Kenya growth is greater than the 9% Tanzania construction growth.
simplemind
JF-Expert Member
- Apr 10, 2009
- 16,418
- 9,209
Percentages are misleading. In dollar terms its very possible 7.2% Kenya growth is greater than the 9% Tanzania construction growth.
simplemind
JF-Expert Member
- Apr 10, 2009
- 16,418
- 9,209
Percentages are misleading. In dollar terms its very possible 7.2% Kenya growth is greater than the 9% Tanzania construction growth.
YoungD
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- Dec 27, 2016
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unapigia mbuzi guitar.....
kwa sababu mmeshinda kutusumbua hapa na inferiority complex yenu. Kenya is not that good to compare it to. This nonsensical comparisons should end already. The two countries face similar problems, and these fights are not doing much to change that
Geza Ulole
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Kwahiyo Kenya haina mines? Oil fields? Wacha upumbavu, get the difference btn extraction, mining and manufacturing! All ATCL 8 planes in total r above $1 bln! The 534 km Mtwara-Dar gas pipeline was $1.3 bln! Sinoma cement plant 1st phase is over $1 bln!
YoungD
JF-Expert Member
- Dec 27, 2016
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why are you comparing anticipated growth/ projections for tanzagiza and actual growth for Kenya??
weka actual growth ya tanzagiza in the same period tukuumbue wewe mla zeru zeru.
Kafrican
JF-Expert Member
- Jan 26, 2015
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Tuko na minerals but not to the level of Tz, so the gas pipeline and cement plants are mineral related, umeanguka mtihani.
Alafu hizo ndege zenu hazijafika $1B, infact,hata $500m haijafika, mbali na hivyo, hapo umetaja ndege 8, those are 8 different items combined together.... hapo pia umeanguka,
kennedy0000
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- Apr 14, 2012
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Growth rate ya LDC bado itabaki tu LDC.
A small growth in a big economy is still bigger than a big growth in a small economy.
5% ya 50 ni 2.5.
Lakini 3% ya 100 ni 3.
A small growth in a big economy is still bigger than a big growth in a small economy.
5% ya 50 ni 2.5.
Lakini 3% ya 100 ni 3.
Geza Ulole
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- #96
Simple breakdown for u
2 dreamliners (one in order) $ 224.6 mln × 2
2 A220-300 (in order) $ 89.5 mln × 2
4 Q400 (one in order) $ 32.2 mln × 4
There is at least $200 mln that was set aside for recruitment n operations costs. Things like IATA re-certifications, passenger reservation system, maintenance and engineering services, HAHN Air ticketing systems n inflight entertainment aside training for pilots n the crew, ground handling services, marketing and also paying debts acquired from parting ways with SAA.
Arnold mrass cannambo
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- Apr 13, 2018
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I don't Urgue with facts! Arsehole
Geza Ulole
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Baba huyo ni msonjo! Hana upeo huo hii ni mutu ina utindio wa ubongo na haitakaa itoe facts mpaka Masiha arudi!
mkenya zechariah lukorito
Member
- Oct 7, 2018
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why?the truth remains.
Geza Ulole
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U mean this project the owner is waiting to cash Kshs 136 bln even before the project has started?
Turkana wind project owners to get Sh136bn
May. 19, 2018, 12:45 am
By BRIAN WASUNA @bwasuna
The owners of the controversy-stricken Lake Turkana Wind Power plant stand to earn Sh136.4 billion in profits from selling electricity to Kenya Power in 20 years if the project succeeds.
The plant, which is almost the size of Nairobi county, was completed last year but has not taken off due to a dispute over compensation for the land, and failure by contractors to complete the power lines.
It is expected to add 310 megawatts to the national grid and has capacity to power up to one million homes.
Last year, the power firm slapped Kenya with a Sh5.7 billion fine for failing to complete construction of power transmission lines by the agreed January, 2017 timeline.
Kenyans were to be condemned to Sh1 billion per month in fines starting June, but the government has successfully negotiated a deferment of the penalties to September.
Construction of the power lines had been awarded to two phantom companies that went bankrupt.
The plant sits on 150,000 acres of land in Marsabit county, with 365 wind turbines capable of producing 850 kilowatts of electricity.
The residents have sued for compensation for the land from the government.
In documents filed in court, the investors reveal that they will pocket Sh136.4 billion in profits in a 20-year power purchase deal with distributor Kenya Power and Lighting.
The plant's owners have already written a letter to Marsabit county government demanding Sh224.2 billion indemnity, in the event the suit filed by residents succeeds. It includes the legal fees they will have spent defending themselves and the cost of construction.
In the letter of indemnity, LTWP wants Sh136.4 billion to cover the profits it expects to make and Sh77 billion to cater for costs of building the power plant.
The firm has also demanded a Sh10.3 billion cushion against fines that will be paid by the Kenyan government for failing to complete power transmission lines that will enable LTWP pump electricity to the national grid.
Six Marsabit residents have sued the power plant's owners, Marsabit County, the Chief Land Registrar, the Attorney General and the National Land Commission.
Five other Laisamis residents have joined the suit as interested parties to support the project.
Mediation by representatives of the Kenya National Commission of Human Rights (KNCHR), Chartered Institute of Arbitrators, Law Society of Kenya and the Ombudsman's office was unable to resolve the dispute.
Electricity from the wind park will be sold to Kenya Power at Sh8.7 per unit (8.5 US cents), which is roughly three times less the cost of diesel.
LTWP Limited is owned by a consortium of the UK-based Aldwych International, Netherlands' KP&P Africa BV, the US government through its Overseas Private Investment Corporation, search engine Google, the Dutch Fund for Developing Countries, Finland's Finnfund and the Norwegian Fund for Developing Countries.
Meru High Court judge Lucy Mbugua has now ordered that the case file be referred to Chief Justice David Maraga to set up a three-judge bench to determine the dispute.
Justice Mbugua's ruling followed LTWP's insistence that the suit raises weighty constitutional questions.
Turkana wind project owners to get Sh136bn