Rutashubanyuma
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Why Magufuli administration misses the point on Government splurge
Why Magufuli administration misses the point on Government splurge
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Rutashubanyuma
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- Sep 24, 2010
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- #33,462
Rutashubanyuma
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Rutashubanyuma
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Extortionate regime closing in on our puny pockets
Rutashubanyuma
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A glimpse at Chinese SGR projects in Africa
Kenyan Mombasa- Nairobi SGR (372KM) costed $3 bill or $ 8 M per KM
Ethiopia (756KM) costed $3.4 bill or $ 4.5 KM
Tanzania (341KM) costs Tshs 3 Trillions at exchange rate of Tshs 2,340/= per $1 equivalent of $ 3.76 M per KM
Issues which make comparison difficult is terrain, cost of construction materials etc
But what we know both in Ethiopia and Kenya the Chinese railway projects are losing money and cannot repay the loans with collateral away from these white elephants
Kenyan Mombasa- Nairobi SGR (372KM) costed $3 bill or $ 8 M per KM
Ethiopia (756KM) costed $3.4 bill or $ 4.5 KM
Tanzania (341KM) costs Tshs 3 Trillions at exchange rate of Tshs 2,340/= per $1 equivalent of $ 3.76 M per KM
Issues which make comparison difficult is terrain, cost of construction materials etc
But what we know both in Ethiopia and Kenya the Chinese railway projects are losing money and cannot repay the loans with collateral away from these white elephants
Rutashubanyuma
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After heavy losses incurred in both Ethiopia and Kenya we need to ask ourselves why China now is willing to take Tanzania to the same route of loss making SGR?
The answer is because China doesn't care on cost- benefit analysis but parlaying those loss making white elephants as a leeway to capture profit making projects which are insisted as part of an array of conditionalities.
Authorities need to come clean on how they are going to finance loan repayment and which prime projects are used as make weights to lubricate the wheel deals of loss making projects.
Our local politicians don't care very much about sustainability of the SGR but aim to showcase achievements of erecting big projects which will have very little economic impact to justify their illegal stay on power
The answer is because China doesn't care on cost- benefit analysis but parlaying those loss making white elephants as a leeway to capture profit making projects which are insisted as part of an array of conditionalities.
Authorities need to come clean on how they are going to finance loan repayment and which prime projects are used as make weights to lubricate the wheel deals of loss making projects.
Our local politicians don't care very much about sustainability of the SGR but aim to showcase achievements of erecting big projects which will have very little economic impact to justify their illegal stay on power
Rutashubanyuma
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Rutashubanyuma
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Rutashubanyuma
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Rutashubanyuma
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Rutashubanyuma
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On the day you borrow is the day you seek freebies
Rutashubanyuma
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Rutashubanyuma
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Rutashubanyuma
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Rutashubanyuma
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Another clown
Rutashubanyuma
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Go home quietly
Rutashubanyuma
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The cost of mobocracy far reaching
Rutashubanyuma
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Democrats Intensify Calls to Remove Trump After Capitol Riot Democrats Intensify Calls to Remove Trump After Capitol Riot
Rutashubanyuma
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God Will Give You Good Things
We all seek happiness. We are all searching for love. We are all desperate for peace. But so often, we look in the wrong places.
St Augustine prayed, ‘Lord... you have made us for yourself and our hearts are restless until they find their rest in you.’ God is the source of all good things.
We all seek happiness. We are all searching for love. We are all desperate for peace. But so often, we look in the wrong places.
St Augustine prayed, ‘Lord... you have made us for yourself and our hearts are restless until they find their rest in you.’ God is the source of all good things.
Rutashubanyuma
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Psalm 4:1-8
The source of joy and peace
So often we seek joy and peace in the wrong places: ‘How long will you love delusions and seek false gods?’ (v.2). We think that money, possessions or success will be the answer. But these are delusions and false gods. True joy and peace, as David tells us, are to be found in a relationship with God (v.3).
We are not promised a problem-free life – the psalm starts with a cry: ‘Give me relief from my distress; be merciful to me and hear my prayer’ (v.1b). David is confident that God will hear: ‘He listens the split second I call to him’ (v.3b, MSG).
God alone is the true source of joy and peace: ‘Let the light of your face shine upon us, O Lord. You have filled my heart with greater joy than when their grain and new wine abound. I will lie down and sleep in peace, for you alone, Lord, make me dwell in safety’ (vv.6b–8).
There is greater joy in the presence of God than there is in material prosperity and luxury. Prosperity, despite the apparent security it brings, does not necessarily lead to peaceful sleep. Only in God’s will can we truly ‘dwell in safety’ (v.8).
Lord, let the light of your face shine on me. Fill my heart with the joy of your presence and grant me peaceful sleep.
The source of joy and peace
So often we seek joy and peace in the wrong places: ‘How long will you love delusions and seek false gods?’ (v.2). We think that money, possessions or success will be the answer. But these are delusions and false gods. True joy and peace, as David tells us, are to be found in a relationship with God (v.3).
We are not promised a problem-free life – the psalm starts with a cry: ‘Give me relief from my distress; be merciful to me and hear my prayer’ (v.1b). David is confident that God will hear: ‘He listens the split second I call to him’ (v.3b, MSG).
God alone is the true source of joy and peace: ‘Let the light of your face shine upon us, O Lord. You have filled my heart with greater joy than when their grain and new wine abound. I will lie down and sleep in peace, for you alone, Lord, make me dwell in safety’ (vv.6b–8).
There is greater joy in the presence of God than there is in material prosperity and luxury. Prosperity, despite the apparent security it brings, does not necessarily lead to peaceful sleep. Only in God’s will can we truly ‘dwell in safety’ (v.8).
Lord, let the light of your face shine on me. Fill my heart with the joy of your presence and grant me peaceful sleep.
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