Oil explorers giving up on Kenya

[kilam]

By Macharia Kamau | Updated Mon, April 10th 2017 at 00:00 GMT +3

A number of oil exploration firms have over the past one year announced plans to withdraw from the country, dampening hopes of increased oil discoveries.

So far, the only confirmed recoverable crude oil resources are in Turkana’s Lokichar Basin, where Tullow Oil and its partners Maersk and Africa Oil estimated there are 750 million barrels.

There are expectations that more drilling and testing in other regions can substantially increase the amount of crude oil available in the country.

Particularly interesting is Lamu, an area that largely remains unexplored, but which preliminary studies show has billions of barrels of oil and tonnes of natural gas.

The country is, however, likely to take longer to fully see the extent of these resources, with companies that have been licensed to work on these blocks relinquishing their licences.

Some of them have cited finances, with many oil firms still reeling from the sharp fall in global oil prices and cannot mobilise resources to continue work in frontier regions like Kenya, instead opting to increasingly focus on high output areas.

The latest firm to relinquish its rights is Erin Energy, which in March said it would not be seeking licence renewal for two blocks in offshore Lamu - blocks L-27 and L-28. Erin Energy, which previously traded as Camac Energy, is a New York Stock Exchange-listed firm and is locally association with communications guru Gina Din Kariuki.

It said the withdrawal from the two blocks was due to “the high costs and risks associated with frontier exploration in the current price and market environments”. It also said the move was in its long-term best interest.

It will, however, continue to pursue work on two other blocks in Lamu - blocks L-1B and L-16.

Eng Patrick Obath, a consultant on energy, said many of the companies had been affected by reduced funding in the oil industry, especially following the decline in oil prices. This has seen a number of them focus more on areas that almost guarantee a return on investment.

“The companies have additional blocks or assets in other areas or countries that have better prospects than the blocks they are relinquishing,” he said.

Oil explorers giving up on Kenya

 

[Jay456watt]

kilam jamaa wa bad news..mara infrastructure spending pushes kenya into debt...mara oil explorers give up on kenya...hivi, kenya inakuuma sana? hehe, anyway, once global oil prices improve, I think the economic viability of oil production will be attained and exploration will commence...sai oil economies are struggling...uliza Saudi Arabia, Venezuela and not far from us our brothers Nigeria and Angola...besides, 750 million barrels of black gold resources cannot just be left untouched with all the investments that have been put into exploration...my take: nothing to panic abt here..the explorers are citing genuine concerns but with time, global oil prices will rise..

 

[kilam]

kilam jamaa wa bad news..mara infrastructure spending pushes kenya into debt...mara oil explorers give up on kenya...hivi, kenya inakuuma sana? hehe, anyway, once global oil prices improve, I think the economic viability of oil production will be attained and exploration will commence...sai oil economies are struggling...uliza Saudi Arabia, Venezuela and not far from us our brothers Nigeria and Angola...besides, 750 millions barrels of black gold resources cannot just be left untouched with all the investments that have been put into exploration...my take: nothing to panic abt here..the explorers are citing genuine concerns but with time, global oil prices will rise..

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

 

[Jay456watt]

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

kwa hiyo nasubiri habari nzuri kutoka kenya ije kutoka kwako siku moja....sasabu umesema unaleta habari za kikweli...kenya is not in recession like nigeria...we are also progressing...kenya is one of the most diversified economies in africa...it is one of the most versatile and resilient economies in the world. leta news kama hizo pia sababu ni za ukweli

 

[ISIS]

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

Neno

 

[kilam]

kwa hiyo nasubiri habari nzuri kutoka kenya ije kutoka kwako siku moja....sasabu umesema unaleta habari za kikweli...kenya is not in recession like nigeria...we are also progressing...kenya is one of the most diversified economies in africa...it is one of the most versatile and resilient economies in the world. leta news kama hizo pia sababu ni za ukweli

Nitaanza kuwapoza siku moja moja usiwe na wasiwasi.

 

[Depay]

Hehehee..... Zawadi utapata. Pongezi sana

 

[Mhe McAmacy]

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

Hivi zile habari nzuri huwa za uongo?

 

[kilam]

Hivi zile habari nzuri huwa za uongo?

Hizo nawaachia akina MK254 na Jay456watt .

 

[Mwananchi]

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

Labda wanapenda habari kama hii


World Bank upholds Kenya’s 2017 growth outlook at 6%

Jan. 12, 2017, 4:00 am

By CONSTANT MUNDA @mundaconstant

A cow grazing in a dry field following drought experienced in Tanadelta on Thursday, October 27, 2016. Analysts have argued the dry spell my slow Kenya's economic growth.Photo Alphonce Gari

googletag.cmd.push(function() { googletag.display("dfp-ad-thestar_node_content_00"); }); The World Bank has upheld Kenya’s growth projection for this year at six per cent, largely unchanged from an estimated 5.9 per cent in 2016.

This comes after local firms cut the growth outlook for this year to below six per cent, citing slower private sector credit growth. Price pressures as a result of failed rains in the last quarter of 2016 is also likely to dampen growth because the economy is agriculturally-driven, some research analysts have forecast.

Analysts at Stanbic Bank on Tuesday downgraded this year’s projection to 5.4 from 5.8 per cent, while those at Cytonn Investments on Monday said they see a 5.4 to 5.7 per cent expansion.

The country’s growth is largely supported by ongoing infrastructure development, recovering tourism and continued growth of the construction sector.

However, the World Bank sees Kenya’s economy posting the seventh-highest expansion in sub-Saharan Africa.

The region is estimated to have recorded the slowest growth in more than two decades at 1.5 per cent last year, bogged down by reduced commodity prices.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1489057017153-0'); }); This is because oil-producing countries and South Africa account for two-thirds of Africa’s wealth, according to the World Bank.

“Sub-Saharan African growth is expected to pick up modestly to 2.9 per cent in 2017 as the region continues to adjust to lower commodity prices,” the global development lender says in Global Economic Prospects report – Weak Investment in Uncertain Times – on Tuesday. “Growth in South Africa and oil exporters is anticipated to be weaker, while growth in economies that are not natural-resource intensive should remain robust.”

The report projects Ethiopia and Côte d’Ivoire are likely to expand the highest at 8.9 and 8.0 per cent, respectively, buoyed by infrastructural investment and agricultural exports.

Ghana’s economy may be the third-fastest growing in SSA this year at 7.5 per cent, followed by Tanzania, at 7.1 per cent, Sierra Leone ( 6.9 per cent) and Senegal ( 6.8 per cent).

The World Bank sees Rwanda – whose wealth has been expanding at a faster rate due to its smaller size – posting the same pace of growth as Kenya this year at 6.0 per cent.

Uganda, Kenya’s largest trading partner, is tipped to grow at 5.6 per cent.

 

[3rd man]

Labda wanapenda habari kama hii


World Bank upholds Kenya’s 2017 growth outlook at 6%

Jan. 12, 2017, 4:00 am

By CONSTANT MUNDA @mundaconstant

View attachment 493663A cow grazing in a dry field following drought experienced in Tanadelta on Thursday, October 27, 2016. Analysts have argued the dry spell my slow Kenya's economic growth.Photo Alphonce Gari

googletag.cmd.push(function() { googletag.display("dfp-ad-thestar_node_content_00"); }); The World Bank has upheld Kenya’s growth projection for this year at six per cent, largely unchanged from an estimated 5.9 per cent in 2016.

This comes after local firms cut the growth outlook for this year to below six per cent, citing slower private sector credit growth. Price pressures as a result of failed rains in the last quarter of 2016 is also likely to dampen growth because the economy is agriculturally-driven, some research analysts have forecast.

Analysts at Stanbic Bank on Tuesday downgraded this year’s projection to 5.4 from 5.8 per cent, while those at Cytonn Investments on Monday said they see a 5.4 to 5.7 per cent expansion.

The country’s growth is largely supported by ongoing infrastructure development, recovering tourism and continued growth of the construction sector.

However, the World Bank sees Kenya’s economy posting the seventh-highest expansion in sub-Saharan Africa.

The region is estimated to have recorded the slowest growth in more than two decades at 1.5 per cent last year, bogged down by reduced commodity prices.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1489057017153-0'); }); This is because oil-producing countries and South Africa account for two-thirds of Africa’s wealth, according to the World Bank.

“Sub-Saharan African growth is expected to pick up modestly to 2.9 per cent in 2017 as the region continues to adjust to lower commodity prices,” the global development lender says in Global Economic Prospects report – Weak Investment in Uncertain Times – on Tuesday. “Growth in South Africa and oil exporters is anticipated to be weaker, while growth in economies that are not natural-resource intensive should remain robust.”

The report projects Ethiopia and Côte d’Ivoire are likely to expand the highest at 8.9 and 8.0 per cent, respectively, buoyed by infrastructural investment and agricultural exports.

Ghana’s economy may be the third-fastest growing in SSA this year at 7.5 per cent, followed by Tanzania, at 7.1 per cent, Sierra Leone ( 6.9 per cent) and Senegal ( 6.8 per cent).

The World Bank sees Rwanda – whose wealth has been expanding at a faster rate due to its smaller size – posting the same pace of growth as Kenya this year at 6.0 per cent.

Uganda, Kenya’s largest trading partner, is tipped to grow at 5.6 per cent.

hivi Sgr ikiishia Moro,italipika aje mkuu..

 

[Juakali1980]

Kazi yangu kama Mtanzania ni kuleta habari za kweli kuhusu Kenya. Usitegemee mshabiki wa Gor Mahia akaja na habari nzuri kuhusu AFC Leopards. Huo ndio utani wa jadi.

Am the only Kenyan here celebrating about this great news...waacha waende kabisa...look at our neeigbours to the north..SSUDAN..THEYVE NEVER KNOWN PEACE SINCE THE 80S all because of OIL...Look the Middle East Countries?? full of carnage and awash with brutal dictators all in the name of OIL...The world as we speak is moving away from dirty fossil fuels to cleaner forms of energy..Lets enjoy the relative peace we have and frankly speaking,THE OIL SHOULD STAY 15 KM UNDER ..THATS WHERE IT BELONGS.

 

[Geza Ulole]

Labda wanapenda habari kama hii


World Bank upholds Kenya’s 2017 growth outlook at 6%

Jan. 12, 2017, 4:00 am

By CONSTANT MUNDA @mundaconstant

View attachment 493663A cow grazing in a dry field following drought experienced in Tanadelta on Thursday, October 27, 2016. Analysts have argued the dry spell my slow Kenya's economic growth.Photo Alphonce Gari

googletag.cmd.push(function() { googletag.display("dfp-ad-thestar_node_content_00"); }); The World Bank has upheld Kenya’s growth projection for this year at six per cent, largely unchanged from an estimated 5.9 per cent in 2016.

This comes after local firms cut the growth outlook for this year to below six per cent, citing slower private sector credit growth. Price pressures as a result of failed rains in the last quarter of 2016 is also likely to dampen growth because the economy is agriculturally-driven, some research analysts have forecast.

Analysts at Stanbic Bank on Tuesday downgraded this year’s projection to 5.4 from 5.8 per cent, while those at Cytonn Investments on Monday said they see a 5.4 to 5.7 per cent expansion.

The country’s growth is largely supported by ongoing infrastructure development, recovering tourism and continued growth of the construction sector.

However, the World Bank sees Kenya’s economy posting the seventh-highest expansion in sub-Saharan Africa.

The region is estimated to have recorded the slowest growth in more than two decades at 1.5 per cent last year, bogged down by reduced commodity prices.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1489057017153-0'); }); This is because oil-producing countries and South Africa account for two-thirds of Africa’s wealth, according to the World Bank.

“Sub-Saharan African growth is expected to pick up modestly to 2.9 per cent in 2017 as the region continues to adjust to lower commodity prices,” the global development lender says in Global Economic Prospects report – Weak Investment in Uncertain Times – on Tuesday. “Growth in South Africa and oil exporters is anticipated to be weaker, while growth in economies that are not natural-resource intensive should remain robust.”

The report projects Ethiopia and Côte d’Ivoire are likely to expand the highest at 8.9 and 8.0 per cent, respectively, buoyed by infrastructural investment and agricultural exports.

Ghana’s economy may be the third-fastest growing in SSA this year at 7.5 per cent, followed by Tanzania, at 7.1 per cent, Sierra Leone ( 6.9 per cent) and Senegal ( 6.8 per cent).

The World Bank sees Rwanda – whose wealth has been expanding at a faster rate due to its smaller size – posting the same pace of growth as Kenya this year at 6.0 per cent.

Uganda, Kenya’s largest trading partner, is tipped to grow at 5.6 per cent.

Kenya growth will be 5.6% this year according to reliable sources

 

[eddy25r]

Kenya growth will be 5.6% this year according to reliable sources

Reliable source zako ama gani? ...worldbank imesema 6% ..hizo zako za kufikiria hatutaki

 

[bagamoyo]

Kilam,
Endelea kutuletea habari, achana nao hao wa-Kenya maana hawaelewi kuwa habari ni habari tu iwe nzuri au mbaya.

 

[MK254]

Tanzania's growth slowed by credit squeeze, uncertainty over Magufuli
Uncertainty over government policies and a slowdown in the private sector cut Tanzania's gross domestic product growth to an estimated 6.9 per cent in 2016 from 7.2 per cent the previous year, the World Bank said on Tuesday.

Growth is still supported by substantial government investment in infrastructure, including a standard gauge railway, new roads and expanding the ports.

But investors have been unnerved by unpredictable policies from the government of President John Magufuli, nicknamed "The Bulldozer" for his pugnacious governing style.

A steep drop in money supply and a spike in non-performing loans have also hampered private sector credit growth.

"Policy adjustments, if they occur frequently, could cause uncertainty for the private sector, and this uncertainty could dampen private sector investment decisions," the World Bank said in its latest economic update for Tanzania.

"The government should pay more attention to, and be more explicit about, the potential unintended consequences of government policies on the private sector."

It said Tanzania's economic growth in 2016 probably slowed to 6.9 per cent, slightly below the government forecast of 7.2 per cent.



Government officials were not immediately available for a comment.

Tanzanian banks have tried to shield themselves against a steep rise in non-performing loans by creating a large buffer in the form of high interest rates, increasing the cost of borrowing, it said.

The World Bank said government cost-cutting measures, including restricting travel for officials, could hurt the private sector.

"Government meetings in tourist resorts have been banned - an example of how public administration reforms could also impact the private sector, which relies significantly on government demand," it said.

After coming into office in November 2015, Magufuli launched a crackdown on tax evasion targeting large companies.

READ: Magufuli orders audit of mining firms' earnings over taxes

ALSO READ: Magufuli orders Zanzibar disconnection over unpaid power bill

Some foreign investors say they could now scale back operations or expansion plans because of tougher demands placed on firms, including higher tax bills.

"The negative business sentiment indicators point to the need for the government to promptly engage in public-private dialogue on investment climate," the bank said.

Tanzania's economy slowed by credit squeeze, uncertainty over

 

[kilam]

Tanzania's growth slowed by credit squeeze, uncertainty over Magufuli
Uncertainty over government policies and a slowdown in the private sector cut Tanzania's gross domestic product growth to an estimated 6.9 per cent in 2016 from 7.2 per cent the previous year, the World Bank said on Tuesday.

Growth is still supported by substantial government investment in infrastructure, including a standard gauge railway, new roads and expanding the ports.

But investors have been unnerved by unpredictable policies from the government of President John Magufuli, nicknamed "The Bulldozer" for his pugnacious governing style.

A steep drop in money supply and a spike in non-performing loans have also hampered private sector credit growth.

"Policy adjustments, if they occur frequently, could cause uncertainty for the private sector, and this uncertainty could dampen private sector investment decisions," the World Bank said in its latest economic update for Tanzania.

"The government should pay more attention to, and be more explicit about, the potential unintended consequences of government policies on the private sector."

It said Tanzania's economic growth in 2016 probably slowed to 6.9 per cent, slightly below the government forecast of 7.2 per cent.



Government officials were not immediately available for a comment.

Tanzanian banks have tried to shield themselves against a steep rise in non-performing loans by creating a large buffer in the form of high interest rates, increasing the cost of borrowing, it said.

The World Bank said government cost-cutting measures, including restricting travel for officials, could hurt the private sector.

"Government meetings in tourist resorts have been banned - an example of how public administration reforms could also impact the private sector, which relies significantly on government demand," it said.

After coming into office in November 2015, Magufuli launched a crackdown on tax evasion targeting large companies.

READ: Magufuli orders audit of mining firms' earnings over taxes

ALSO READ: Magufuli orders Zanzibar disconnection over unpaid power bill

Some foreign investors say they could now scale back operations or expansion plans because of tougher demands placed on firms, including higher tax bills.

"The negative business sentiment indicators point to the need for the government to promptly engage in public-private dialogue on investment climate," the bank said.

Tanzania's economy slowed by credit squeeze, uncertainty over

Credit squeeze slows private sector growth in Kenya

By Reuters | Updated Sat, February 4th 2017 at 00:00 GMT +3

Activity in the private sector increased modestly in January, as banks slowed new lending to firms, a survey showed yesterday.

The Markit Stanbic Bank Kenya Purchasing Managers Index (PMI) fell to 52.0 per cent in January from 54.1 per cent in December, remaining above the 50.0 per cent line that divides growth from contraction.

“Since the legislation to cap interest rates came into effect...we can now see signs of distress within the private sector as...[survey respondents] lament about cash shortages,” said Jibran Qureishi, the East Africa economist at Stanbic Bank.

In September last year, the Government capped the lending rate for commercial banks at 400 basis points above the Central Bank Rate, which is now at 10.0 per cent, a measure economists said would hurt economic growth by discouraging loans to smaller borrowers deemed risky.

“A further slowdown in private sector credit growth and poor weather conditions will most likely lead to a downward trend in the PMI over the coming quarter,” Mr Qureishi said.

Private sector credit growth had already started falling at the end of 2015 after the Central Bank toughened supervision. Year-on-year credit growth was 4.3 per cent in December, compared to 17.8 per cent a year before, the Central Bank said. — Reuters
Credit squeeze slows private sector growth

 

[kilam]

Tanzania's growth slowed by credit squeeze, uncertainty over Magufuli
Uncertainty over government policies and a slowdown in the private sector cut Tanzania's gross domestic product growth to an estimated 6.9 per cent in 2016 from 7.2 per cent the previous year, the World Bank said on Tuesday.

Growth is still supported by substantial government investment in infrastructure, including a standard gauge railway, new roads and expanding the ports.

But investors have been unnerved by unpredictable policies from the government of President John Magufuli, nicknamed "The Bulldozer" for his pugnacious governing style.

A steep drop in money supply and a spike in non-performing loans have also hampered private sector credit growth.

"Policy adjustments, if they occur frequently, could cause uncertainty for the private sector, and this uncertainty could dampen private sector investment decisions," the World Bank said in its latest economic update for Tanzania.

"The government should pay more attention to, and be more explicit about, the potential unintended consequences of government policies on the private sector."

It said Tanzania's economic growth in 2016 probably slowed to 6.9 per cent, slightly below the government forecast of 7.2 per cent.



Government officials were not immediately available for a comment.

Tanzanian banks have tried to shield themselves against a steep rise in non-performing loans by creating a large buffer in the form of high interest rates, increasing the cost of borrowing, it said.

The World Bank said government cost-cutting measures, including restricting travel for officials, could hurt the private sector.

"Government meetings in tourist resorts have been banned - an example of how public administration reforms could also impact the private sector, which relies significantly on government demand," it said.

After coming into office in November 2015, Magufuli launched a crackdown on tax evasion targeting large companies.

READ: Magufuli orders audit of mining firms' earnings over taxes

ALSO READ: Magufuli orders Zanzibar disconnection over unpaid power bill

Some foreign investors say they could now scale back operations or expansion plans because of tougher demands placed on firms, including higher tax bills.

"The negative business sentiment indicators point to the need for the government to promptly engage in public-private dialogue on investment climate," the bank said.

Tanzania's economy slowed by credit squeeze, uncertainty over

Kenya's economy to grow at a slower pace this year - IMF Rep

Mon Jan 16, 2017 | 8:46am EST

Kenya's economic growth rate will slow in 2017, from about 6 percent last year, due to sluggish credit growth and as investors take a wait-and-see attitude before a presidential election in August, a senior IMF official said on Monday.

Armando Morales, the International Monetary Fund's representative in Kenya, said growth is likely to remain within the 5-6 percent range of the past five years, despite the slowdown.

"We expect a deceleration of growth for several reasons, but I think the most important reason we are considering is the potential impact of the interest rate cap on credit growth," he told Reuters in an interview.

The government capped commercial lending rates at 400 basis points above the central bank's lending rate last September, hurting already stressed private sector credit growth.

After September, banks' lending grew by just 5 percent year-on-year, down from 17.8 percent in December 2015. Stricter supervision of banks by the central bank and the closure of two mid-sized lenders had cut credit growth before the rate cap came in.

The IMF's 2017 economic growth forecast for the East African nation will be released later this month after its board meets to review a $1.5 billion precautionary arrangement that was agreed in 2015 and is set to run until March 2018.

President Uhuru Kenyatta is seeking a second and final term of office in an election on Aug. 8. He is expected to face off with his main rival, Raila Odinga.

A disputed election result in 2007 led to violence that killed around 1,250 people. Odinga challenged the outcome of the 2013 election but the result was upheld by the country's Supreme Court.

Morales said investment delays due to concerns over the election were to be expected, but that the government's investments in infrastructure, including roads and railways, would support demand and economic growth.

"We believe it is going to be a reasonable deceleration; it is not like the economy will lose momentum. It is only that there are other factors at play," he said.

UPDATE 1-Kenya's economy to grow at a slower pace this year - IMF Rep

 

[MK254]

Kenya's economy to grow at a slower pace this year - IMF Rep

Mon Jan 16, 2017 | 8:46am EST

Kenya's economic growth rate will slow in 2017, from about 6 percent last year, due to sluggish credit growth and as investors take a wait-and-see attitude before a presidential election in August, a senior IMF official said on Monday.

Armando Morales, the International Monetary Fund's representative in Kenya, said growth is likely to remain within the 5-6 percent range of the past five years, despite the slowdown.

"We expect a deceleration of growth for several reasons, but I think the most important reason we are considering is the potential impact of the interest rate cap on credit growth," he told Reuters in an interview.

The government capped commercial lending rates at 400 basis points above the central bank's lending rate last September, hurting already stressed private sector credit growth.

After September, banks' lending grew by just 5 percent year-on-year, down from 17.8 percent in December 2015. Stricter supervision of banks by the central bank and the closure of two mid-sized lenders had cut credit growth before the rate cap came in.

The IMF's 2017 economic growth forecast for the East African nation will be released later this month after its board meets to review a $1.5 billion precautionary arrangement that was agreed in 2015 and is set to run until March 2018.

President Uhuru Kenyatta is seeking a second and final term of office in an election on Aug. 8. He is expected to face off with his main rival, Raila Odinga.

A disputed election result in 2007 led to violence that killed around 1,250 people. Odinga challenged the outcome of the 2013 election but the result was upheld by the country's Supreme Court.

Morales said investment delays due to concerns over the election were to be expected, but that the government's investments in infrastructure, including roads and railways, would support demand and economic growth.

"We believe it is going to be a reasonable deceleration; it is not like the economy will lose momentum. It is only that there are other factors at play," he said.

UPDATE 1-Kenya's economy to grow at a slower pace this year - IMF Rep

'To grow', 'will slow', 'will'........... Umeelewa maana ya 'to na will'. The reason is explained very well, investors have taken a wait and see attitude. Maombi yenu ya sisi kuchinjana yasipojibiwa basi mambo yatarudia hali.

Lakini yenu ya imeelezwa 'Uncertainty over government policies'..... matamko kila uchao, hamtabiriki, kesho mtaamka na tamko lipi.

 

[kilam]

'To grow', 'will slow', 'will'........... Umeelewa maana ya 'to na will'. The reason is explained very well, investors have taken a wait and see attitude. Maombi yenu ya sisi kuchinjana yasipojibiwa basi mambo yatarudia hali.

Lakini yenu ya imeelezwa 'Uncertainty over government policies'..... matamko kila uchao, hamtabiriki, kesho mtaamka na tamko lipi.

Uchumi wa Tanzania unakuwa kwa kasi kuliko wenu, kama hutaki kajinyonge.