Tanzania's Silent Success: Economy Bypasses that of Kenya & Ethiopia
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- Опубліковано 11 гру 2023
- Welcome back to African Insider! Today, we're diving into the mystery surrounding Tanzania - a country that has been relatively quiet in the news lately, especially since the presidency of the late John Magufuli. Despite the lack of headlines, there's a compelling story to tell about Tanzania's remarkable economic performance. Join us as we explore why the country has been flying under the radar.
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DISCLAIMER: All of my narration, and news coverage are based on my own opinions alone and are only done for entertainment purposes.
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It's not silent, we hear about it well, very great for our Tanzanian siblings, the growth of any African nation causes an effect of developing the neighboring nations (that are also African)
African nations should unite economically with currency, open trade, united military, etc... Unity brings prosperity, subordination brings chaos
Love Tanzania peaceful country never had conflict lowest crime rate in east Africa best Tourism County in Africa
Im origin from Pakistan and ihave been living in Dar es Salaam in the past ten years this country is way far better then any east afrcan country 😍😍🇹🇿
😂😂 I guess You've never been to any country in EAC apart from tanzania 😂
You doesn't know kenya
It's true, I have been to Kenya Tanzania is better than Kenya .Life in Kenya is difficult to ordinarily people than Tanzania .One thing Tanzania they don't talk
How about the tiny country with a dictator at the helm with no real institutions, I thought it is the so called best country 😂😂😂
we kenyans we dont fear the world but we embrace it the way it is , for it is what it is and remain what it is Tanzania as our .......
Tanzania on the way to be the giant of Africa❤❤❤❤❤...😊
tanzania has that room for growth...just like kenya and ethiopia had...what you are forgetting is that it reaches a point where that growth stagnates for a while...both kenya and ethiopia are at that stage..that doesn't mean they stop developing...so it quite far fetched to say tanzania has bypassed this two economies..it will take a while
Tell him. It'll even take over 250yrs to "bypass" us
'A while' it may be 2 years to come...
hahahaha accept and move on
me watching from a far, kenyans sleepless nights bcoz of Tz!!
General; MAGUFULI R.I.P sir✌️we shall always remember u sir..
truly one of the best of all time
Tanzania is clever i think they have analysed this world. Dont announce success there are evil jealous people in this world who worry when Africa starts developing.
And those jealous people they gonna use the same neighboring countries to destabilize it
Tanzania doesnt scream around to get PR attention like other little country close to it 😂
😂😂😂😂 very funny
You may not grasp the concept of marketing. Kenya operates under a capitalist system, and marketing is vital (what you think is being loud). The prevailing silence of Tanzania is more a result of naivety than modesty 😂😂.
@@rang3688 did i mention kenya ?👀🤔. Is kenya small?? Think again . K for capital, not country 🤣🤣
@@Yefro72 The truth is, we are familiar with Tanzanians and their consistent, unfounded ‘hatred’ towards Kenya. As someone who has studied literature, I cannot help but decipher your sentiments.
🤣. Kenya is the big bro when we talk our sisters around as sit down and take notes . The end goal is not to compete with each other but to see a developing AFRICA.
Good news Tanzania!
It's nice to hear stuff like this, every now and then. between the usual news.
Silent Success highly appreciated. Thanks
DISCLAIMER: All of my narration, and news coverage are based on my own opinions alone and are only done for entertainment purposes. I totally agree. Kenya is still way ahead, so is Ethiopia Dude.
Wrong! you are wrong because Kenyan leadership is just corrupt and are proud of it.
It'll take 250 yrs. We are still on top
@@gulledahmed2954😂😂
I think we should focus more on getting better rather than celebrating our neighbours problems
We blame Zakayo for Kenya economic woes
Zakayo 😂😂😂😂😂😂😂
Let's stop blaming and taking responsibility for what is happening in Kenya.
We have to produce and buy our products. Stop waiting for others to invest in you. Start by value addition on small scale then expand to bigger industries.
Silence is indeed better than noise
As always we're the crying babies of baba😅
Yeah! Tanzania,Jk Nyerere's silent economic giant .
No way nyerere was a communist who never wanted his people to prosper
Great!!!!
Congratulations, keep it up. People of our race has suffered enough. You will be rewarded.
I had been working in Tanzania during 2005 to 2014. That Tanzanian economy was bad. Now i am in Kenya.. Now Kenyan economy not good.. Tanzanian economy good.. Comgratulations to Tanzania for better growth 👍🏻
you and Ruto must be the problem then😂😂
this is good even for the neighbours.
Been hearing this since 2011
😂😂
You are the one making noises. We are quiet.
Not beating Kenya mad Ethiopia has 10 percent gdp growth and Kenya does to
President Samia has a large influence in the uptick of FDI that has occurred in Tanzania. There is a grudge against her and fear that she is pushing a form privatization, that does not benefit lower income Tanzanians. However the future will tell. So far overall, Tanzania is becoming a much more stable and appealing investment stage than Kenya and other east Africans countries
Some of the issues I see with Tanzania right now tho is a lack of advanced education compared to that of Kenyan students. Namely in the strategically important majors of the future. However recently India founded its first ITT-Madras outside its country in Zanzibar, Tanzania.
Also Tanzania currently lacks employment opportunities in scale. They also lack enough energy and internet connectivity to promote a future productive economy (tho large FDI is being made in that sector).
I am interested in Tanzania though, I think it will surpass Kenya by 2030. From my talks with Kenyans they are kind of like the Hare vs the Tortoise. Kenyans laugh when I ask them about competition from Tanzania. But as I see it, Tanzania is on their tail catching up quickly. I notice Kenyans almost do not want to even accept it. Almost like burying their head in the sand.
Kenya is dealing with a lot of corruption and debt however. So I can't blame the citizens. They are in a tight spot.
Privatization is good as long as its Tanzanian people controlling the business.
@@solomonKachi7000 it won't happen. We will be here to see. I'll come back to this comment in 2030.
This is great news brother 🙌
Tanzania is doing really good
The difference is the fight against corruptions that Magufuli started, If Kenya also get tough on corruption, they'll generate money and put it back into the economy Not sure this will happen under Ruto.
the virus of corruption has permeated into every Kenyan head, no redemption. we may blame politicians and all sectors of government, but the rot is in everyone, even the ordinary citizens. All it takes is for them to get an opportunity, everybody is obsessed with becoming rich, not by producing or innovating anything, by corrupt ways. They steal from their work places, from anything. The mindset is bad.
It'll happen. Long live WSR . Na nisitupiwe mawe
@@gulledahmed2954 won't happen
@@gulledahmed2954😂😂 tuko pamoja bna 😂 WSR till 2032
❤
Normally a Woman's leadership performance architecture is covert but aesthetical impressive.
all well and good but numbers dont lie. the gdp stats say the gap has only grown wider over the past decade
Isnt it ironical that as we hear that some countries are growing, and those that were developed are declining. Does it mean when you grow eventually you decline? Is it a zero sum game?
Know this. Africa will not heal through Europeans or European systems. Remember Kemet. We are beyond anything Europeans can imagine.
We need bagamoyo port to finished is goind to help lend lock country in east africa to move
Your knowledge of economics is a little bit limited though... first of all am kenyan, Ethiopia has a bigger population double kenyan one, 70m workers vs kenya 20m workers, more workers more economic output ....back to question of TZ passing Kenya , first of all kenya has been in some kind of recession from when campaigns started for polls in early 2022 to now, the economy contracted plus the previous regime messed the economy alot ...at the moment kenya hasn't grown for like 2years ...plus the bad loans is haunting them ...the real question can Tanzania pass kenya ? Not anytime soon ... Kenyan has far better education and industrial base, better banking, digitization than tz, ...etc etc ...ke economic just. Needs to pick up and start growing, they will recover and even wid 7:00 en the gap...
Did you just say you are an economist? What you just wrote is what politicians in Kenya keep saying? Are you a politician or an economist?
@@africaninsider leave alone what kenyan politicians are saying or doing...my point is Tanzania isn't overtaking kenyan economy anytime soon ... Might as well delete the comments, it wasn't a competition...but watch this space for the next years, see how the chart move
@@africaninsider . You should know that when Tanzania's GDP was at $47 billion in 2015, that of Kenya was $70 billion. In 2021, Tanzania's GDP was $70 billion while Kenya's was $110 billion. Tanzania's GDP increased by $33 billion while Kenya's increased by $40 billion from 2015.
The forecast for 2023 as you've claimed in the video is that Tanzania's GDP will be at $84 billion (a $14 billion increase) while Kenya's will be $112 billion (a $2 billion increase). According to your conclusion, based on these increases, Tanzania's GDP will overpass that of Kenya in about 10 years to come. That's a mad talk, to be honest. So, let's get real
Now, this December of 2023, Tanazania's GDP is $75 billion (a $5 billion increase) while that of Kenya, even after a recession since 2019 and overburdening debts is at $113 billion (a $3 billion increase). Now tell me, how will Tanzania's GDP bypass that of Kenya given these facts. As you've seen, Kenya is growing almost at the same rate as Tanzania, that $14 billion leap in Tanzania's GDP has not happened as you've seen.
So, unless you're assuming Kenya will stagnate then Tanzania's GDP is not going to pass that of Kenya any time soon.
To be honest.. GDP is a useless measure of the well-being of nations... It's just a dick measuring contest between rich people. The important measure here is GDP per Capita, as it boils down to how much economic power the average citizen wields.
Of course Nigeria has a higher GDP of all, because it is one of the most populous countries in Africa, but is the average Naija living better than a Tanzanian? Per Capita GDP explains that.
(I have a master's degree in economics if anyone questions my credibility)
Maliza the so called insider. Hawatuwezi
President Sammia openede the largest Industrial city its bigger covering almost 50 km width,hosting numerous industries current the biggest glass factory which is the second biggest in the whole continent,mind you Tanzania is the sleeping Giant is awekening😊😊
Let Tanzanias economy sapass Kenya shida iko wapi if our leaders can inflate fuel prices so that they can eat who will want to invest there, energy cost is a big factor for production mtakua mnaenda Tanzania kutafta kazi ama kuuza kwa streets😅
Tanzania Doesn't feed Zambia at all....
May his soul rests in peace ✌️ 🙏 😢 ❤️ ✨️ 😔 --- yes perfect eternal ❤️ 👌 ♥️ 🙏 💙 💖 peace! We will always remember his untimely death! AMEN 🙏 🙌 👏 ❤️ 😳 ✨️? Yes Amen 🙏!
Quite unfortunate that there are cheapsters who wallow in celebrating another country's turmoil. Takes evil people to do this. Kenya will still shock you Tanzanians. Jealous much and always competing with Kenya.
Tanzanians always competing with Kenya😅.so you guys imagine jenya is stagnant and is not moving?
Tanzania is feeding Kenya
We need TZ to surpass Kenya economically because if your doing export business in Kenya to TZ you know what that means....SELL to them in dollars
CORRUPTION & INJUSTICES ARE THE MAIN PROBLEM OF TZ
na sasa tutasema nini kuhusu kenya yetu bana 2024 and i'm just tired
We are all East African so the growth of TZ or any EAC member is welcome. But you’re always comparing Kenya with TZ . There’s no competition here. Every country higher development is a welcome news. Also you forgot that you cannot possibly compare TZ economy versus Kenya . So for a country to overtake another country economically it means the other being a failed state. Is Kenya anywhere near that even if annually it grows by 3% and TZ say 5%?
TZ can even grow by 7% versus Kenya
5 % but that doesn’t mean they’re overtaking Kenya.
Kenya level of development is far a head for now comparable to TZ. For example most developed western countries they merely grow their economies by 1-3% yet Africa has mean average of 5%. Does it mean that Africa is overtaking the West? Japan growing by mere 0.1% . Does it mean a country like Rwanda growing at 7% is set to overtake Japan? You need to understand economics specifics bro. So this notion of yours TZ overtaking Kenya is a popular fallacy. But I understand you for purposefully narrate it controversially to generate views and comments on your You tube so as to make money but deep in your heart you know where the truth is.
Bottomline the growth of any EAC country or any other African country is a welcome news and no unnecessary comparisons.
Please use images of Black investors please. These images have a psychological impact on viewers.
Uongoo gii
🎉🎉🎉🎉🎉🎉🎉🎉🎉
Tanzanians are not noise makers like kenyans
😂😂 Tanzanians always bitching about Kenya, including your presidents. Jealous much!!
Tanzania is also feeding Comoro
why the sensitivity, sbout tz overtaking ke, as lumumba said they are still economic midgets. the lot of them.
Uganda 🇺🇬 how much in GDP 🤣🤣🤣🤣
How does this growth translate to the poor, working class, children and Tanzanian youth? And how has Siluhu's about face to ally with the west -seemingly in contradiction to Magifuli's emphasis - played out. There were powerful western forces who were threatened by Magifuli. Whitney Webb of Unlimited Hangout did a deep dive on this subject. One of Siluhu's first moves was to invite Tony Blair in to "manage" TZ's covid response. 😮 ????? 😮
If only Chinese, Arabs and other foreigners benefit there is no progress.
What is your point?
Everybody and their mother knows Wakenya ni wapiga kelele wa East Africa. Porojo nyingi huku watu wanachemsha mawe kudanganya watoto. Amkeni ndugu zangu Wakenya mnapitwa!!
Shinda hapo
GDP 2023...Ethiopia 🇪🇹 $ 155 billlon followed by kenya 🇰🇪 $112 billon,Tanzania 🇹🇿 $ 84 billon, Uganda 🇺🇬 $ 52 billion, Sudan 🇸🇩$ 25 billion
I wonder howve they've overtaken Kenya and Ethiopia...African insider be factual and use data from the IMF ND world Bank stop speculation
You should know that when Tanzania's GDP was at $47 billion in 2015, that of Kenya was $70 billion. In 2021, Tanzania's GDP was $70 billion while Kenya's was $110 billion. Tanzania's GDP increased by $33 billion while Kenya's increased by $40 billion from 2015.
The forecast for 2023 as you've claimed in the video is that Tanzania's GDP will be at $84 billion (a $14 billion increase) while Kenya's will be $112 billion (a $2 billion increase). According to your conclusion, based on these increases, Tanzania's GDP will overpass that of Kenya in about 10 years to come. That's a mad talk, to be honest. So, let's get real
Now, this December of 2023, Tanazania's GDP is $75 billion (a $5 billion increase) while that of Kenya, even after a recession since 2019 and overburdening debts is at $113 billion (a $3 billion increase). Now tell me, how will Tanzania's GDP bypass that of Kenya given these facts. As you've seen, Kenya is growing almost at the same rate as Tanzania, that $14 billion leap in Tanzania's GDP has not happened as you've seen.
So, unless you're assuming Kenya will stagnate then Tanzania's GDP is not going to pass that of Kenya any time soon.
Let me correct you.
TZ GDP is currently at $84 billion. Kenya’s GDP is at $112 billion this year.
In 2021 it was $70B vs $110B respectively.
You can blame elections but are we currently doing better economically?
@@africaninsider We're not doing any good
@@africaninsider we're not doing good at all
@@heidipratt1097 TZ is too silent to be doing bad. Their President could be doing big things in silence.
African insider as an economist I can say ur not making sense ...are u talking about FDI ,GDP (nominal and ppp) ,even food security check the facts Tz is slightly behind Kenya but ahead of Tz ...wacha story za jaba😂
Kenya needs to overthrow Ruto as he has failed badly as leader.Tanzania is blitzing Kenyan in economic growth,Kenya has become known for exporting their youths to work in hostile nations like Germany and Israel coz Ruto cannot create jobs for them.
Shinda hapo
Why are Tanzanians begging on Kenya's streets?? 😂
Which economy? Indeed foolishness is a disease.
😤😤😤
Tanzania cannot catch up with Kenya. These are what we call Pipe dreams. First of all, your projection of Kenya's gdp is false.
You sound foolish and uneducated. fyi, forty years ago, china was not a top economic power now it is. things change. Educate yourself.
Tanzania can surpass every country in the world if the make good economic decisions
@@LowMax_ and why haven't they done so?
@@chrisamoi8663 could be time, could be a lot of things
@@chrisamoi8663kenya has manufacturing?
You used the wrong pronunciation for Tanzania. Please stop using Ugandan/Kenyan pronunciation when saying Tanzania. Also, electricity in Tanzania is not affordable; it's actually very expensive. Separately, the current president of Tanzania is not "Madam Suluhu." Her name is Mama Samia. For those reasons, I downvote this video..
Goods handling in Mombasa is way faster and better compared to TZ
You are less informed young man
Don't make sense