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Tanzania should fix electricity sector to maintain growth - IMF

Discussion in 'Jukwaa la Siasa' started by Mdondoaji, Oct 2, 2012.

  1. M

    Mdondoaji JF-Expert Member

    Oct 2, 2012
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    Tue Oct 2, 2012 | Reuters

    Tanzania needs to limit power outages if it wants to maintain buoyant growth this year and next, the International Monetary Fund mission to Tanzania said on Tuesday, urging the government to come up with a viable plan for the sector.

    Paolo Mauro, leader of the IMF mission to Tanzania, re-affirmed the fund's predictions that the Tanzanian economy will grow between 6.5 percent and 7 percent in 2012 and said growth is projected to "remain buoyant" in 2013.

    But Tanzania, like neighbouring Uganda and Kenya, frequently suffers from blackouts and Mauro singled out electricity supply as a potential stumbling block to Tanzania's economic growth.

    "(The IMF) urges the government to prepare rapidly an action plan to address challenges in the electricity sector," Mauro said in a statement.

    "Near-term challenges relate to the need to preserve ample and reliable electricity supply while ensuring the financial viability of national power utility TANESCO, where sizable outstanding payment arrears have built up vis-a-vis suppliers following the emergency power plan introduced in late 2011."

    A report from the government's chief auditor in April exposed mismanagement and misuse of government funds in TANESCO and other state-run agencies.

    However, the IMF mission's report on Tanzanian economy was positive overall, with the fund praising the government's 2012/2013 budget, which it said "appropriately balances" the need for sustained fiscal consolidation, preserving social spending, and creating room for critical infrastructure investment.

    (Reporting by Fumbuka Ng'wanakilala; Writing by Drazen Jorgic; Edting by James Macharia)

    My take:
    Well what do you know maybe they will listen to the donor we have been saying this all the time:umeme wa mafuta tumekuwa tunasema ni ufisadi na unaua uchumi wa mdanganyika. Labda wazungu mtawasikiliza.
  2. Mzee Mwanakijiji

    Mzee Mwanakijiji Platinum Member

    Oct 2, 2012
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    Are these people serious!!!?? somebody said the same sh@#$#t mwaka 1992; wakaja na "Energy Policy" leo miaka 20 baadaye bado wanatuambia kitu kile kile? kadizooo!!!
  3. M

    Mdondoaji JF-Expert Member

    Oct 2, 2012
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    Washajua sisi ni wazee wa blah blah energy plan ya mwanzo haijatekelezwa tutakuja na nyengine.
  4. Maganga Mkweli

    Maganga Mkweli JF-Expert Member

    Oct 2, 2012
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    tatizo ni ccm tu.. nitakuwa na amani sana hichi chama kikiondoka madarakani nafikiri huo ndio wakati ntapratice my professional ... kila mtu anajua umeme ni moyo wa uchumi..
  5. Ndahani

    Ndahani JF-Expert Member

    Oct 2, 2012
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    Mzee Mwanakijiji, we have given them the power to think on our behalf...and that is one of their many thoughts!
    Kusema kweli kama hatutaki kutumia vichwa vyetu kufikiria tumepoteza mwelekeo wenyewe.
  6. K

    Kamundu JF-Expert Member

    Oct 2, 2012
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    Mwanakijiji you need to understand that World Bank employees and IMF are very corrupt.

    World Bank in Washington DC is full of Indians who are writing papers for many Tanzania Projects and they are working with some of Tanzania government employees to lie to other Governments like USA embassy, Canada,German and UK.

    A simple example is How come when companies win some World Bank project tenders can not be paid by World Bank? Instead most of them are directed to Tanzania government offices and spend months or years to be paid after paying 10% as corruption.
  7. Azipa

    Azipa JF-Expert Member

    Oct 3, 2012
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    Expect no miracles in that sector! It's a total curse. We are in a country where stealing big is pretty much like a showdown

    What is going on in Tanesco is a systematic extortion of money. How else is FISADI supposed to get his dough?
  8. Sikonge

    Sikonge JF-Expert Member

    Oct 3, 2012
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    CCM itatawala milele....... So what (by Rev. Msigwa).

    Last edited by a moderator: Jan 4, 2016
  9. Bongolander

    Bongolander JF-Expert Member

    Oct 3, 2012
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    Same trash every day. Toka wakati wa Ben Mkapa, JK ameingia madarakani, umeme ni tatizo na anakaribia kuondoka umeme still ni tatizo, hakuna dalili za kutatua tatizo hilo. NI maneno maneno na plans tu.

    Umeme sasa ni njia moja nzuri ya kutuibia watanzania, Richmond, Dowans etc etc.
  10. Barubaru

    Barubaru JF-Expert Member

    Oct 3, 2012
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    Mimi nafikiri wa Tz mjifunze kufikiria wenyewe msingoje wenzenu wafikiri kwa niaba yenu. Kwani siku zote nchi inajengwa na wenye nchi na SIO WAGENI.

    Poleni sana