Wabeba maboksi wengi have nothing to come home to. They work like donkeys, too many bills and little to no savings. They can't afford to come back home.
Kwani lazima kila mtoto aende secondary school? The country needs farmers, construction workers, watch men, cooks, carpenters, etc. and all these professions do not need secondary education. Let those who can afford send their children to school and those who can't afford work for those who can.
Street hawkers, bar maids and house helps do not exist in a vacuum. Street hawkers can't just sell their merchandise to other street hawkers. Bar maids can't just serve drinks to other bar maids and house helps can't just work for other house helps. All these jobs are tied to the larger national...
Why don't we sell every government owned asset and pay for school fees? But how does that benefit taxpayers? After 4 years more children will need fees. Then what? Do we sell the country too to pay for school fees?
Not this year but in due time. You can't force change nor rush it. It will come naturally once opposition has matured. Right now we must bring back Kikwete and CCM.
Hapana mzee, the stakes are too high. Our democracy is still very young, progress we have made is still very fragile so we can't afford to take chances. Opposition may get in power and do so much damage worse than Kikwete and CCM. Time for opposition to assume power in Tanzania will come but it...
Anyone who buys government bills will be our creditor. Property market will favor when the house is sold so taxpayers will make money. 50% profit on the governor house is not hard to imagine if it is sold in 10 years.
Kikwete and CCM are devils we know. Opposition we don't know. If opposition wins we don't know what they will do. It's better to stick with the devils we know. So we must bring back Kikwete.
Whoever gave you the 10% default probability figure should have also given you an example. Maybe you were not paying attention in your online university economics class. But I'll give you an example of Russia in 1998. They defaulted on their bills. You also conveniently ignored my other point...
Those people will do the job for free if they could afford it because those are powerful positions. You can't compare them to governor of BOT. It's easier to attract and retain talent to those positions. Ask yourself will King or Bernanke stay in cheap house if they worked for BOT?
The government can default on bills, inflation could hit and whatever money the government promised you could be worth less by the time your bills mature. So I'll ask you the same question I asked August, who told you there are no risks in government bills or that they are less risky than a...
How are the living accommodations of heads of those other institutions you hold in such high esteem? Can you tell us about them? Are their living accommodations modest, do they live in Uswazi? Please enlighten us.
This is M.D.S (Manji Derrangement Syndrome). Manji this, Manji that, Manji = fisadi, Manji is out to get me, Manji is under my bed, Manji gives me nightmare when I go to sleep, are all symptoms of this disease. If you have no evidence to prove any allegations against Manji then leave the man alone.
Why should I google? You google and post answers here since you are the one making the claim. Second, a house can be a residence and also an investment. The two aren't mutually exclusive as you seem to believe. This happens in Tanzania, and it happens in many other places including the developed...
Who told you treasury bill and deposits are risk free? Or better yet who told you they are less risky than a buying a house in a prime area like Oysterbay?
An asset is anything that can be easily converted into cash. The governor's house is an asset and a very valuable one due to its location. If we sell the house today, taxpayers will make a profit. End of story.
What should the government have done? Pray for a miracle and more rain? Or import food from Europe? What is it that you want the government to do. I don't see how any government can deal with this problem and different.
If we buy food for the hungry people, next month or next year they will be hungry again. On the other hand, the governor's house is an asset that will yield a profit for a long time. Think people don't just complain because you are jealous someone has something and you don't. You want BOT...
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