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

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
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Investors wenu wagani? AZAM? wao pia wanafanya expansions kuingia Kenya. Mbona msiwasute?
 
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.
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Hahahahaha, soma vizuri usichanganyikiwe ni 22% sio 2%
 
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.
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Zambia is LDC, Its currency is 1 kwacha = 10 ksh
speak with figures, what do you mean Tz has "few" Corporations?
GDP is calculated per currenct exchange rate to the dollar..Tz has a weak currecy and when coverting GDP becomes low.
Currecy manupulation downwards is common in countries that are export oriented such as china and Tz
 
http://venturesafrica.com/231638

FERANMI AKEREDOLU



7 JUN 2018

African countries endured a turbulent 2016/2017 as global commodity prices crumbled. This significantly exposed the fragility of many commodity-reliant economies in Africa and crippled the growth that had been accrued in the past few years. But majorly, foreign investors have now become sceptical of the African economies.

The latest World Investment Report released by the United Nations Conference on Trade and Development (UNCTAD) showed that investment on the continent dropped by 21 percent to $42 billion in 2017. It also marked an all-time low in 10 years of foreign investments to the continent. Kenya, with a more diversified economy, saw the largest increase, recording a 76 percent growth in Foreign Direct Investment.

“FDI [Foreign Direct Investment] flows to Africa slumped to $42 billion in 2017, a 21 percent decline from 2016. Weak oil prices and harmful lingering effects from the commodity bust saw flows contract, especially in the larger commodity-exporting economies. FDI inflows to diversified exporters, including Ethiopia and Morocco, were relatively more resilient,” according to the report that was released on Wednesday.

Indeed, the currencies and reserves of many emerging and developing markets, in particular the commodity exporters, have been hit by the slump in commodity prices.

However, Kenya’s ability to attract foriegn investments was “due to strong domestic demand and inflows into information and communication technology (ICT) sectors.” The country’s business environment had been able to lure US tech firms like Boeing, Microsoft and Oracle to invest substantial sums of money into Kenya.

Inflows to Nigeria dip

Africa’s largest economy was also unattractive to investors in 2017 as the economy tried to rebound from its worst recession in about two decades.

“FDI to West Africa fell by 11 percent to $11.3 billion, due to Nigeria’s economy remaining depressed. FDI to Nigeria fell 21 per cent to $3.5 billion”FDI to Nigeria fell 21 percent to $3.5 billion.”

The country grew by only 0.82 percent in 2017 after the contraction of -1.58 percent which the economy recorded in 2016. Although Nigeria’s is expected to grow by 2.1 percent this year, according to the International Monetary Fund (IMF), it forecast that the economy could shrink by 1.9 percent next year as a result of the general elections.

The current government had initiated some reforms seeking to strengthen the business environment and improve governance in order to attract foreign investors and also talked up plans to diversify the economy under its Economic Recovery and Growth Plan (ERGP). But the major source of growth so far for the economy had still come from the rising global oil prices that touched $80 earlier this year.

Africa’s Outlook for 2018

The African Continental Free Trade Area agreement has been marked as one of the fundamentals that could drive growth of foreign investments in 2018 and the coming years. The free trade area, which aims to create a single market for goods and services in Africa, has been signed by 44 countries excluding the continent’s two biggest economies, Nigeria and South Africa.

The market size has been projected to include 1.7 billion people in 2030 with over USD$ 6.7 trillion of cumulative consumer and business spending – that’s if all African countries decide to join the free trade area.

“The beginnings of a commodity price recovery, as well as advances in interregional cooperation through the signing of the African Continental Free Trade Area agreement, could encourage stronger FDI flows in 2018, provided the global policy environment remains supportive,” the UNCTAD report says.
 
asvptx said:
Investors wenu wagani? AZAM? wao pia wanafanya expansions kuingia Kenya. Mbona msiwasute?
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Anakuja huko kutafuta soko la bidhaa zake anazozalisha Tanzania sio kujenga viwanda, by theway Azam pekee ni sawa na 1000 Kenyan investors
 
Mkikuyu- Akili timamu said:
Zambia is LDC, Its currency is 1 kwacha = 10 ksh
speak with figures, what do you mean Tz has "few" Corporations?
GDP is calculated per currenct exchange rate to the dollar..Tz has a weak currecy and when coverting GDP becomes low.
Currecy manupulation downwards is common in countries that are export oriented such as china and Tz
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Do you understand that countries actually manipulate their currencies to be weaker than the dollar?
If 1 dollar buys 10 products from Tanzania, Magufuli can decide to weaken the currency, so that 1 dollar now buys 20 products.
This means Tanzania will be producing and selling more of the same thing, hence GDP goes up.
This works for export.
Or why do you think China weakens their currency?

So you should not cry that a weak Tanzanian shilling is the reason you're poor. It should even be a blessing to your GDP.
With your weak shilling, you can be able to for example kick out Kenya from the flower export business, with your cheaply priced flowers.
 
joto la jiwe said:
Nani aliyekuambia?,lete ushahidi usichanganyikiwe, unemployment rate ya single digits ni developed world pekee, sisi hatukafikia huko, jaribu kuwa karibu na google
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You're saying the same thing I tell your countrymen when they bring up that bs.
Ata nilichoka. Now when one of you introduces unemployment numbers, I simply add that it's indeed the best in the world.
Kama unaelewa sarcasm utaelewa.
 
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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Hiyo 20,000 labda ya wale foreigner wakichina kwenye sgr[emoji3] [emoji3] [emoji3]
 
joto la jiwe said:
Nani aliyekuambia?,lete ushahidi usichanganyikiwe, unemployment rate ya single digits ni developed world pekee, sisi hatukafikia huko, jaribu kuwa karibu na google
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Ndio hizi figures za Tanzania bureau of Statistics. Officially making Tanzania in the top 5 unemployment in the world.
ichoboy01 anazipenda sana. Yeye ndiye alipost hii chart.

tz.jpeg
 
kennedy0000 said:
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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Acha kurudia point iliyotolewa maelezo kwa kina, what is happening in Kenya is shifting of capital, many firms close businesses in Kenya to Tanzania, Ethiopia, Uganda and Rwanda, that's why unemployment rate and imports increase while exports and FDI decrease, just basic knowledge of economics can help you to understand Kenya's position.
 
joto la jiwe said:
Anakuja huko kutafuta soko la bidhaa zake anazozalisha Tanzania sio kujenga viwanda, by theway Azam pekee ni sawa na 1000 Kenyan investors
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Azam TV yake imeflop hapa Kenya. Karibu kufunga virago.
Paying customers chini ya mia mbili.

Ile kitu nimeona tu ya Azam hapa Kenya ni energy drink. Na imezungukwa na tens of other Kenyan brands.
Alafu, hio ndio product pekee kutoka Tanzania ambayo inauzwa Kenya.
 
kennedy0000 said:
Do you understand that countries actually manipulate their currencies to be weaker than the dollar?
If 1 dollar buys 10 products from Tanzania, Magufuli can decide to weaken the currency, so that 1 dollar now buys 20 products.
This means Tanzania will be producing and selling more of the same thing, hence GDP goes up.
This works for export.
Or why do you think China weakens their currency?

So you should not cry that a weak Tanzanian shilling is the reason you're poor. It should even be a blessing to your GDP.
With your weak shilling, you can be able to for example kick out Kenya from the flower export business, with your cheaply priced flowers.
Click to expand...
You are Just bitter.
 
joto la jiwe said:
Acha kurudia point iliyotolewa maelezo kwa kina, what is happening in Kenya is shifting of capital, many firms close businesses in Kenya to Tanzania, Ethiopia, Uganda and Rwanda, that's why unemployment rate and imports increase while exports and FDI decrease, just basic knowledge of economics can help you to understand Kenya's position.
Click to expand...

Lol! Not a single Kenyan company has closed business to relocate elsewhere, no less Tanzania. You're just making up stuff that sound good to your ear.
Afadhali ata ungesema South Africa.
And why would a company move from Kenya, where they are guaranteed a higher spending power, to move to an LDC that can't afford to buy their products?
 
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