While total FDI in Kenya is $700mln after 60% drop, Tanzania is $3.3 bln after 7% drop

While total FDI in Kenya is $700mln after 60% drop, Tanzania is $3.3 bln after 7% drop

Mkikuyu- Akili timamu said:
1)Kenyan firms that post 5x profits are banks. And we know why they do that(The every broke GoK is always borrowing)
2) Is it a crime to have minerals? can you fault Saudi arabia's prosperity because they have oil? Is service industry the only way for a country to prosper?
3)There are many countries with minerals and cant manage it properly and be wealthy, Tanzania was one of them, Fortunately JPM plugged that hole
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I didnt say having minerals is a crime. Kenya for a very long time been cursing why it wasnt endowed with so much. You saw the euphoria that met the news about the first discovery of oil in Kenya.

My point is that the key attractant of investments into Tanzania is minerals, whereas in Kenya is the presence of a larger middle class group as well as better educated and highly skilled labor. Truth.
 
Mkikuyu- Akili timamu said:
1)Speak with data, stop fishing stuff from your behind.
2)You cannot compare profitability of a bank with a factory, the margins are different
3)If you want to compare Ke banks with Tz banks, Fungua uzi mpya uone vile nitakutoa kamasi
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Hahaha ati Kenyan citizen. Leo GEZA ULOLE tunakutoanisha hapa. From which Kenya are you? mKenya gani atataka kufanya comparisons ya banks za Kenya na za TZ? Wewe si mKenya wewe wacha kutubeba. Zwazwa
 
Mkikuyu- Akili timamu said:
1)Kenyan firms that post 5x profits are banks. And we know why they do that(The every broke GoK is always borrowing)
2) Is it a crime to have minerals? can you fault Saudi arabia's prosperity because they have oil? Is service industry the only way for a country to prosper?
3)There are many countries with minerals and cant manage it properly and be wealthy, Tanzania was one of them, Fortunately JPM plugged that hole
Click to expand...

Every Kenyan company's profit compared to Tanzania is proof of a much greater economy with more spending power.

From Safaricom, making more profit than your most profitable 30 companies combined.
To banks, which you like to wrongly claim that they make most of their profit from government.
To EABL, which if it came to Tanzania would be the most profitable company.
Kenya's insurance industry is worth about $6 billion yet Tanzania's is projected to reach $400 million in 2018.
A single big insurance company in Kenya makes more profit than all your insurance companies combined.

Every industry in business is like day and night when Kenya and Tanzania are put side by side.
 
kennedy0000 said:
Every Kenyan company's profit compared to Tanzania is proof of a much greater economy with more spending power.

From Safaricom, making more profit than your most profitable 30 companies combined.
To banks, which you like to wrongly claim that they make most of their profit from government.
To EABL, which if it came to Tanzania would be the most profitable company.
Kenya's insurance industry is worth about $6 billion yet Tanzania's is projected to reach $400 million in 2018.
A single big insurance company in Kenya makes more profit than all your insurance companies combined.

Every industry in business is like day and night when Kenya and Tanzania are put side by side.
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You dont measure Economic performance by using company profits, you use
GDP,GDP(PPP),GNI
Tz beats kenya in both GDP PPP AND GNI. The only remaining metric here is GDP and thats because Tz currency is suspiciosly very low like china's
 
kennedy0000 said:
Hio FDI yote ya Tanzania imeleta tu 23,000 jobs. Ilhali FDI ya Kenya imeleta 20,000 jobs.
Considering those figures, jobs created zinafaa kuwa mara nne ya Kenya.

Lol..
The truth of the matter is that most of this FDI went into one or two expensive machines used in mining.
I wouldn't be surprised if a single mining operation took $2 billion in machinery, but only employed 50 people.
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Utapata taabu Sana mwaka huu, unemployment ya Kenya ni 42%. Tanzania 22% because of FDIs inflow kwa kipindi kirefu sasa
 
Mkikuyu- Akili timamu said:
1)Speak with data, stop fishing stuff from your behind.
2)You cannot compare profitability of a bank with a factory, the margins are different
3)If you want to compare Ke banks with Tz banks, Fungua uzi mpya uone vile nitakutoa kamasi
Click to expand...

1. I know many private companies/factories making numerous things in Nairobi more profitable than your best banks.

2. Throughout the world, banks are the most profitable entities with the best margins. Their biggest expense is paying salaries not sourcing for raw materials. If your TZ banks are not, it shows the health of the economy.

3. We can't compare KE banks with TZ banks. That will be bullying. We can probably compare TZ banks profits with KE banks CEO salaries.
joto la jiwe said:
Utapata taabu Sana mwaka huu, unemployment ya Kenya ni 42%. Tanzania 22% because of FDIs inflow kwa kipindi kirefu sasa
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Usidanganye. Unemployment ya Tanzania ni 2%.
The best in the world.
 
asvptx said:
Hahaha ati Kenyan citizen. Leo GEZA ULOLE tunakutoanisha hapa. From which Kenya are you? mKenya gani atataka kufanya comparisons ya banks za Kenya na za TZ? Wewe si mKenya wewe wacha kutubeba. Zwazwa
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Boss una catch feeling aje? unakuwanga softie hivi? 😀
 
mtu yeyote anaesifia kua uchumi wa tz uko vizuri huyo ni AGENT WA IBILISI.ova
 
kennedy0000 said:
1. I know many private companies/factories making numerous things in Nairobi more profitable than your best banks.

2. Throughout the world, banks are the most profitable entities with the best margins. Their biggest expense is paying salaries not sourcing for raw materials. If your TZ banks are not, it shows the health of the economy.

3. We can't compare KE banks with TZ banks. That will be bullying. We can probably compare TZ banks profits with KE banks CEO salaries.


Usidanganye. Unemployment ya Tanzania ni 2%.
The best in the world.
Click to expand...
Speak with figures not what you "feel"
 
Mkikuyu- Akili timamu said:
You dont measure Economic performance by using company profits, you use
GDP,GDP(PPP),GNI
Tz beats kenya in both GDP PPP AND GNI. The only remaining metric here is GDP and thats because Tz currency is suspiciosly very low like china's
Click to expand...
GDP na vyanzo vya mapato in whole Tanzania can't finance your budget which is slightly less than half ours!., out revenue collection is bigger than your total budget!! Facts!!! mko chini sana!!!!
 
Mkikuyu- Akili timamu said:
You dont measure Economic performance by using company profits, you use
GDP,GDP(PPP),GNI
Tz beats kenya in both GDP PPP AND GNI. The only remaining metric here is GDP and thats because Tz currency is suspiciosly very low like china's
Click to expand...

Your currency is not 'suspiciously' low. It is within range of an LDC.
But even if it was low like China's, how comes China's GDP is very high.
GDP has little to do with currency. The value of goods produced is calculated in dollars.

But you're side stepping the truth. Every rich country tends to have very rich corporations or companies making huge profits. A prosperous economy is directly proportional to successful companies.
In any case, this is where the government collects most of its taxes.

How Tanzania is supposedly overtaking Kenya with very few if any successful company is a mystery.
 
kennedy0000 said:
Correction: Kenyan businessmen are expanding to Tanzania.
Before Tanzanian businessmen think of expanding anywhere, Kenyans will have reached Botswana.
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Actually we don't like our investigators to go anywhere, we need them to invest more and more in here, ni kichekesho kama tunafanya kampeni ya kutafuta investors wakati huo huo tunafurahia our investors to go else where. For the coming fifty years we will still be in shortage of investors
 
kennedy0000 said:
Your currency is not 'suspiciously' low. It is within range of an LDC.
But even if it was low like China's, how comes China's GDP is very high.
GDP has little to do with currency. The value of goods produced is calculated in dollars.

But you're side stepping the truth. Every rich country tends to have very rich corporations or companies making huge profits. A prosperous economy is directly proportional to successful companies.
In any case, this is where the government collects most of its taxes.

How Tanzania is supposedly overtaking Kenya with very few if any successful company is a mystery.
Click to expand...
Well put!! Out revenue from tax is bigger than their national budget! A practical example.
 
joto la jiwe said:
Actually we don't like our investigators to go anywhere, we need them to invest more and more in here, ni kichekesho kama tunafanya kampeni ya kutafuta investors wakati huo huo tunafurahia our investors to go else where. For the coming fifty years we will still be in shortage of investors
Click to expand...

Correction again: Expanding.
When Equity opens a branch in Arusha, it will still pay taxes as a company to Kenya. The bigger Equity bank gets, the more taxes it pays to Nairobi.

You forget that when companies expand, they are still under the holding company in their motherland.
 
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