Mkikuyu- Akili timamu
JF-Expert Member
- Feb 16, 2018
- 4,310
- 7,465
Speak with figures not your feelings,
On all those factors give figures
Speak with figures not your feelings,Muda wa kuRegister biashara ni mojawapo ya vigezo. Kumbe hata hujielewi
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Kwenye hizi vigezo, Kenya imeitandika TZ kama nyoka. Ndio maana it's easier doing business in Kenya. It's why corporates set up their operational bases in Kenya that serve the whole of SUB-SAHARAN Africa except for South Africa
Refer to post no 95 above. You don't even know what you are talking about.It took me about 14 days to register a company in Tz despite me being of kenyan citizenship..Registering a company in kenya is "online" and such things as articles of association that needed an advocate to draft were scraped in the companies act cap 486 amendment laws of kenya.
However, Registering is NOT doing business. Its a factor of ease of doing business but NOT the only factor. The most weighty factors are the ones that touch on Factors of production(Land,power,labour,capital etc) these are beholden by cartels in kenya.
No nigga!! That's not my business. I have given you indices that determine the ease of doing business in a country. It's up to you to analyse them and make your own conclusions. If you want figures, in Kenya we have an online portal where you can get them. DIYSpeak with figures not your feelings,
On all those factors give figures
1)Kenyan firms that post 5x profits are banks. And we know why they do that(The every broke GoK is always borrowing)The fact is that those Kenyan firms are posting more revenues upto 5x than in Tz, Ug etc. I hope u are aware that the vast majority of the firms from China, India, UK, US etc with investments in Tanzania are into mining. Tanzania is a very mineral rich country compare to say Kenya.
But Kenyan and SAn companies are mostly concentrating in service industry.
EAC records drop in foreign direct investment
SUNDAY AUGUST 5 2018
Foreign direct investment (FDI) to East Africa declined by 25.3 per cent to $6.6 billion last year, down from $8.8 billion in 2016. PHOTO | FILE
In Summary
- Regional FDI inflows declined by 25.3 per cent to $6.6 billion last year, largely due to the failure by EAC member states to promote the region as a single investment destination.
- There has been a lack of transparency in investment promotion at the regional level due to differences in the implementation of tax exemptions.
- The low level has been blamed on the lack of effective markets due to low per capita income as well as structural and institutional challenges.
By JAMES ANYANZWA
More by this Author
East Africa’s foreign direct investments inflows declined by 25.3 per cent to $6.6 billion last year, down from $8.8 billion in 2016, largely due to the failure by EAC member states to promote the region as a single investment destination.
There has been a lack of transparency in investment promotion at the regional level due to differences in the implementation of tax exemptions and incentives among member countries.
According to the highlights of the EAC trade report (2017) seen by The EastAfrican, Kenya recorded the highest decline in FDI inflows — a drop by 60.6 per cent to $717.7 million, down from $1.8 billion.
It was followed by Uganda, whose FDI fell by 14.2 per cent to $1.3 billion from $1.5 billion. Tanzania recorded a seven per cent drop in FDI to $3.3 billion from $4.8 billion in the same period.
However, inflows to Burundi increased to $146 million from $65.1 million, while in Rwanda FDI grew to $1.2 billion from $600.1 million in the same period.
South Sudan has experienced negative FDI flows for the past three years.
Investment sources
Despite this decline in FDI, China, India and the UK continued to be the major sources of investment in the EAC, with inflows amounting to $781 million, $500.9 million and $438.9 million in 2017 respectively.
According to the report, overall investment inflows into the EAC were concentrated in the manufacturing, construction and energy sectors at $3.1 billion, $795.6 million and $3.5 billion in 2017 respectively.
According to the report, the number of jobs created as a result of FDI inflows went up by 73 per cent to 111,316 jobs in 2017 from 64,334 in 2016.
Inflows to Uganda contributing the highest number of jobs at 45,728, accounting for 41.1 per cent of the total jobs created that year.
Uganda was followed by Tanzania with 22,895 (20.1 per cent) of total jobs created through FDI, and Rwanda with 20,756 jobs.
Inflows into Kenya created 19,976 jobs, accounting for 18 per cent of total jobs created, while Burundi created 1,961 jobs.
The EAC Secretariat said although measures to attract FDI have been put in place, the level of inflows into the region remains low.
Challenges
The low level has been blamed on the lack of effective markets due to low per capita income as well as structural and institutional challenges that have made the EAC less attractive to investors.
EAC’s total intra-regional investments also decreased by 22.3 per cent to $ 197 million in 2017, down from $254.1 million in 2016.
Uganda was the largest recipient of intra-regional investments last year, at $71.3 million, followed by Rwanda at $66.6 million, Tanzania at $33.8 million and Kenya at $25.2 million.
Burundi did not register any investments from the other partner states.
Intra-regional projects
the number of projects in the EAC registered from the intra-regional investments dropped by 29.7 per cent to 64 in 2017, from 91 projects in 2016.
Uganda registered 42.2 per cent of all projects while Tanzania, Rwanda and Kenya had 39.1 per cent, 15.6 per cent and 3.1 per cent respectively of all projects arising from intra-EAC investments in 2017 respectively.
According to the report, EAC exports in 2017 declined by 9.3 per cent to $ 14.7 billion in 2017 from $16.2 billion in 2016 despite the growth in global import demand for goods from developing countries.
The bulk of EAC exports were destined to the EAC, EU and Comesa, amounting to $2.8 billion, $2.3 billion and $2 billion, respectively.
EAC imports grew by 19.5 per cent to $ 32.2 billion in 2017, from $26.9 billion in 2016, worsening the region's trade balance by $6.7 billion.
This was largely due to imports from the EU, which accounted for about 12.9 per cent of the region's imports.
The growth in imports was also attributed to the rise in global crude oil prices that could have increased the import bill for petroleum products.
EAC records drop in foreign direct investment
MY TAKE
LOL I told fools in here to not confuse a Chinese SGR loan with FDI! And this FDI figure for Tanzania does not factor in the 80% of $3.55bln for Hoima-Tanga pipeline as the project has not started. Be prepared for a shock of urgency lives since Bagamoyo port is about to be unveiled.
BTW Safaricom acquisition by Vodacom was just a shares' swap btn slavemasters as no single cent went to the economy of Kenya! And yet fools were making noises in here.
I have not denied that registering a business is one of the factors.No nigga!! That's not my business. I have given you indices that determine the ease of doing business in a country. It's up to you to analyse them and make your own conclusions. If you want figures, in Kenya we have an online portal where you can get them. DIY
Since shares were not urs a thing most of u declined to accept. Just like Mpesa investment in Ethiopia is being carried out by Vodafone n Vodacom SA n not by Safaricom as u r fond of being outmanouvred n being kept as an ascort but unfortunately loud mouths as usual.
Peace, less corruption, political stability, nor tribalism, nor nepotism and better infrastructure, are major factors, that's why DRC receives less FDIs than Tanzania despite of it's huge deposits of minerals.You are rich in minerals. They want your minerals.
Kunja mkia kabisa!I have not denied that registering a business is one of the factors.
What I have said is that its NOT the only one.
If you cant table an ease of doing business index where kenya trumps Tz, remain silent..Feelings peleka huko
EAC records drop in foreign direct investment
SUNDAY AUGUST 5 2018
Foreign direct investment (FDI) to East Africa declined by 25.3 per cent to $6.6 billion last year, down from $8.8 billion in 2016. PHOTO | FILE
In Summary
- Regional FDI inflows declined by 25.3 per cent to $6.6 billion last year, largely due to the failure by EAC member states to promote the region as a single investment destination.
- There has been a lack of transparency in investment promotion at the regional level due to differences in the implementation of tax exemptions.
- The low level has been blamed on the lack of effective markets due to low per capita income as well as structural and institutional challenges.
By JAMES ANYANZWA
More by this Author
East Africa’s foreign direct investments inflows declined by 25.3 per cent to $6.6 billion last year, down from $8.8 billion in 2016, largely due to the failure by EAC member states to promote the region as a single investment destination.
There has been a lack of transparency in investment promotion at the regional level due to differences in the implementation of tax exemptions and incentives among member countries.
According to the highlights of the EAC trade report (2017) seen by The EastAfrican, Kenya recorded the highest decline in FDI inflows — a drop by 60.6 per cent to $717.7 million, down from $1.8 billion.
It was followed by Uganda, whose FDI fell by 14.2 per cent to $1.3 billion from $1.5 billion. Tanzania recorded a seven per cent drop in FDI to $3.3 billion from $4.8 billion in the same period.
However, inflows to Burundi increased to $146 million from $65.1 million, while in Rwanda FDI grew to $1.2 billion from $600.1 million in the same period.
South Sudan has experienced negative FDI flows for the past three years.
Investment sources
Despite this decline in FDI, China, India and the UK continued to be the major sources of investment in the EAC, with inflows amounting to $781 million, $500.9 million and $438.9 million in 2017 respectively.
According to the report, overall investment inflows into the EAC were concentrated in the manufacturing, construction and energy sectors at $3.1 billion, $795.6 million and $3.5 billion in 2017 respectively.
According to the report, the number of jobs created as a result of FDI inflows went up by 73 per cent to 111,316 jobs in 2017 from 64,334 in 2016.
Inflows to Uganda contributing the highest number of jobs at 45,728, accounting for 41.1 per cent of the total jobs created that year.
Uganda was followed by Tanzania with 22,895 (20.1 per cent) of total jobs created through FDI, and Rwanda with 20,756 jobs.
Inflows into Kenya created 19,976 jobs, accounting for 18 per cent of total jobs created, while Burundi created 1,961 jobs.
The EAC Secretariat said although measures to attract FDI have been put in place, the level of inflows into the region remains low.
Challenges
The low level has been blamed on the lack of effective markets due to low per capita income as well as structural and institutional challenges that have made the EAC less attractive to investors.
EAC’s total intra-regional investments also decreased by 22.3 per cent to $ 197 million in 2017, down from $254.1 million in 2016.
Uganda was the largest recipient of intra-regional investments last year, at $71.3 million, followed by Rwanda at $66.6 million, Tanzania at $33.8 million and Kenya at $25.2 million.
Burundi did not register any investments from the other partner states.
Intra-regional projects
the number of projects in the EAC registered from the intra-regional investments dropped by 29.7 per cent to 64 in 2017, from 91 projects in 2016.
Uganda registered 42.2 per cent of all projects while Tanzania, Rwanda and Kenya had 39.1 per cent, 15.6 per cent and 3.1 per cent respectively of all projects arising from intra-EAC investments in 2017 respectively.
According to the report, EAC exports in 2017 declined by 9.3 per cent to $ 14.7 billion in 2017 from $16.2 billion in 2016 despite the growth in global import demand for goods from developing countries.
The bulk of EAC exports were destined to the EAC, EU and Comesa, amounting to $2.8 billion, $2.3 billion and $2 billion, respectively.
EAC imports grew by 19.5 per cent to $ 32.2 billion in 2017, from $26.9 billion in 2016, worsening the region's trade balance by $6.7 billion.
This was largely due to imports from the EU, which accounted for about 12.9 per cent of the region's imports.
The growth in imports was also attributed to the rise in global crude oil prices that could have increased the import bill for petroleum products.
EAC records drop in foreign direct investment
MY TAKE
LOL I told fools in here to not confuse a Chinese SGR loan with FDI! And this FDI figure for Tanzania does not factor in the 80% of $3.55bln for Hoima-Tanga pipeline as the project has not started. Be prepared for a shock of urgency lives since Bagamoyo port is about to be unveiled.
BTW Safaricom acquisition by Vodacom was just a shares' swap btn slavemasters as no single cent went to the economy of Kenya! And yet fools were making noises in here.
So? A reason JPM is pushing for their processing in Tanzania to add value. The gas (n other processing) factories r energy investments n as a result fertilizers n plastics industries r cropping up all around Tanzania.
Unless u prove to us no investments in biscuits n automobile industries in Tanzania, u have no point to make.
There is nothing that is contradictory here..Ease of doing business index is not just ease of registering a business. The index is a weighted avarege of all those factors and each factor has its own weight.Kunja mkia kabisa!
I gave you a list of more than 10 indices with regards to ease of doing business. If you cannot comprehend and determine for yourself, then I doubt you even are Kenyan as you say. Being Kenyan in TZ should make it easier for you to compare both countries with regards to those indices. But you have no clue. You just want to argue. Nigga please View attachment 828425
Kenyan businessmen are Fed up with corruption and are trooping to Tanzania. Thats is why Kenyan FDI investments are huge in Tz. Its called capital flight.
Yes, Kenyan companies are already operating is tough crony capitalism environment. For new business or expansion which requires they raise new capital, they are not willing to sink this new capital investments in the same kind of corruption riddled environment, they are looking at Tz, an environment where factors of production like land for building factories is not beholden by cartels like in kenya
Hyundai, Volkswagen, Peugeot, BMW,Toyota, Acer, HP, Unilever, Welcome.....why dont u have such companies setting up factories in Tanzania?Peace, less corruption, political stability, nor tribalism, nor nepotism and better infrastructure, are major factors, that's why DRC receives less FDIs than Tanzania despite of it's huge deposits of minerals.
Investors are fade up with your corruption and toxic politics
Hyundai, Volkswagen, Peugeot, BMW,Toyota, Acer, HP, Unilever, Welcome.....why dont u have such companies setting up factories in Tanzania?Peace, less corruption, political stability, nor tribalism, nor nepotism and better infrastructure, are major factors, that's why DRC receives less FDIs than Tanzania despite of it's huge deposits of minerals.
Investors are fade up with your corruption and toxic politics
It took me about 14 days to register a company in Tz despite me being of kenyan citizenship..Registering a company in kenya is "online" and such things as articles of association that needed an advocate to draft were scraped in the companies act cap 486 amendment laws of kenya.
However, Registering is NOT doing business. Its a factor of ease of doing business but NOT the only factor. The most weighty factors are the ones that touch on Factors of production(Land,power,labour,capital etc) these are beholden by cartels in kenya.
Follow this link, get some ice and apply on burnt areaThere is nothing that is contradictory here..Ease of doing business index is not just ease of registering a business. The index is a weighted avarege of all those factors and each factor has its own weight.
Table the weighted index here that shows kenya is above Tz or forever hold your peace
1)Speak with data, stop fishing stuff from your behind.A medium sized factory in Nairobi industrial area makes more profit than most Tanzanian banks.
Why would anyone move their operation to a country where spending power is almost non-existent?
Don't mistake expansion with leaving.
The list is disowned by WB. Next please?Follow this link, get some ice and apply on burnt area
Africa’s best, worst countries for doing business - CNBC AfricaView attachment 828438