Tanzania tops East Africa on wealth list

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Nov 14, 2006
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Tanzania tops East Africa on wealth list

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A street in Tanzania’s commercial capital Dar es Salaam. The number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 in 2018
East African countries are home to a growing list of wealthy individuals, with Tanzania topping the region in creating dollar millionaires. The Wealth Report 2020 by real estate consultancy firm Knight Frank shows that Tanzania is the only country in the region to have produced a single individual controlling a net wealth of $1 billion or more, with the number of ultra-high-net-worth individuals (UHNWIs) holding $30 million or more worth of assets including their primary residence rising five per cent to 114 last year, from 109 in 2018.

The report also shows that the number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 over the same period. In Kenya the number of HNWI declined 15 per cent to 2,900 from 3,399, while the number of UHNWIs declined by 13 per cent to 42 from 48 individuals.

In Uganda, the number of HNWI declined by six per cent to 137 in 2019 from 146 in 2018 while the number of UHNWIs remained unchanged at five individuals. The report notes that the population of UHNWI in Tanzania will grow by 54 per cent over the next five years while that of Uganda and Kenya will grow by 20 per cent and 14 per cent respectively.

In Africa, the number of HNWI rose four per cent to 302,360 from 290,396 over the period under review while UHNWIs rose by two per cent to 4,501 from 4,428. African investors are interested in investing in the UK, US, South Africa, Kenya and Australia. According to the report wealthy individuals prefer making their money from the equity and property markets.

Globally, more than 31,000 additional UHNWIs were created in 2019, bringing the total to more than 513,200, with total investment in commercial property standing at $996 billion.

Credit : The East African
By JAMES ANYANZWA

Tanzania millionaires taratibu wanawatimulia vumbi majirani zetu
 
Really a lot of investment. But what is good here if there are so many poor people?
 
hivi hao matajiri wanaoongelewa, I mean millionaires wako wapi!!!!!!!!!!!!!!!!!
 
Tanzania tops East Africa on wealth list

View attachment 1388296
A street in Tanzania’s commercial capital Dar es Salaam. The number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 in 2018
East African countries are home to a growing list of wealthy individuals, with Tanzania topping the region in creating dollar millionaires. The Wealth Report 2020 by real estate consultancy firm Knight Frank shows that Tanzania is the only country in the region to have produced a single individual controlling a net wealth of $1 billion or more, with the number of ultra-high-net-worth individuals (UHNWIs) holding $30 million or more worth of assets including their primary residence rising five per cent to 114 last year, from 109 in 2018.

The report also shows that the number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 over the same period. In Kenya the number of HNWI declined 15 per cent to 2,900 from 3,399, while the number of UHNWIs declined by 13 per cent to 42 from 48 individuals.

In Uganda, the number of HNWI declined by six per cent to 137 in 2019 from 146 in 2018 while the number of UHNWIs remained unchanged at five individuals. The report notes that the population of UHNWI in Tanzania will grow by 54 per cent over the next five years while that of Uganda and Kenya will grow by 20 per cent and 14 per cent respectively.

In Africa, the number of HNWI rose four per cent to 302,360 from 290,396 over the period under review while UHNWIs rose by two per cent to 4,501 from 4,428. African investors are interested in investing in the UK, US, South Africa, Kenya and Australia. According to the report wealthy individuals prefer making their money from the equity and property markets.

Globally, more than 31,000 additional UHNWIs were created in 2019, bringing the total to more than 513,200, with total investment in commercial property standing at $996 billion.

Credit : The East African
By JAMES ANYANZWA

Tanzania millionaires taratibu wanawatimulia vumbi majirani zetu
Uongo

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Safi sana, kwenye mambo ya fweza hakuna longo longo za JF...
Tanzania tops East Africa on wealth list

View attachment 1388296
A street in Tanzania’s commercial capital Dar es Salaam. The number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 in 2018
East African countries are home to a growing list of wealthy individuals, with Tanzania topping the region in creating dollar millionaires. The Wealth Report 2020 by real estate consultancy firm Knight Frank shows that Tanzania is the only country in the region to have produced a single individual controlling a net wealth of $1 billion or more, with the number of ultra-high-net-worth individuals (UHNWIs) holding $30 million or more worth of assets including their primary residence rising five per cent to 114 last year, from 109 in 2018.

The report also shows that the number of Tanzanian high-net-worth individuals (HNWI) with $1 million or more worth of assets including their primary residence rose eight per cent to 5,553 from 5,118 over the same period. In Kenya the number of HNWI declined 15 per cent to 2,900 from 3,399, while the number of UHNWIs declined by 13 per cent to 42 from 48 individuals.

In Uganda, the number of HNWI declined by six per cent to 137 in 2019 from 146 in 2018 while the number of UHNWIs remained unchanged at five individuals. The report notes that the population of UHNWI in Tanzania will grow by 54 per cent over the next five years while that of Uganda and Kenya will grow by 20 per cent and 14 per cent respectively.

In Africa, the number of HNWI rose four per cent to 302,360 from 290,396 over the period under review while UHNWIs rose by two per cent to 4,501 from 4,428. African investors are interested in investing in the UK, US, South Africa, Kenya and Australia. According to the report wealthy individuals prefer making their money from the equity and property markets.

Globally, more than 31,000 additional UHNWIs were created in 2019, bringing the total to more than 513,200, with total investment in commercial property standing at $996 billion.

Credit : The East African
By JAMES ANYANZWA

Tanzania millionaires taratibu wanawatimulia vumbi majirani zetu

Sent using Jamii Forums mobile app
 
Wewe kuwa maskini isikufanye uanze kuropoka eti wanapika data ama mbona umaskini unaongezekea miongoni mwetu,,,sawa unaongezeka ila namba haziongopi na kama umepitia ile topic National Income utaelewa ni nini kimeongelewa hapo....Kwani wanaposema kuwa Mtanzania anaishi kwa dollar moja kwa siku unafikiri ni waTz wote wanaoishi hivo,,,LA hasha Ila kinachofanyika hapo ni kutafuta wastani tu na haina maana kuw ni uhalisia wa kila mtu,,,,so unapoona report kama hizo badala ya kuponda jaribu kwanza kufikiria sio kila mahali unataka kuonesha udhaifu wako wa Kifikra...
Ni kweli umaskini unaongezeka lakini bado matajiri wanapiga bingo tu. Na tufahamu pia kwamba hata Marekani, Colombia na Brazil uchumi wao hukua na matajiri kuibuka zaidi kwa sababu watu hutumia fursa wanazoziona kujitengenezea kipato.
Kupunguza idadi ya maskini kwenye jamii hutegemea zaidi muunganiko wa uchumi jumla na uchumi mdogo (macro-micro linkage) na hutokana zaidi na sera kuu na malengo mapana ya serikali
 
Uongo mtupu. Mnapika data sana.
Hakuna data inayopikwa. Ni kweli matajiri wanaibuka sana Tanzania. Tembea uone. Vile vikampuni vidogo tulivyoviona 2005 sasa ni medium enterprises zinazo fanya transactions kubwa kubwa kama milioni 600, bilioni moja na hata turnover ya 20 to 30 bilion kwa mwaka.
Ukibisha njoo uone. Ni kweli matajiri wapo na wanaendelea kuchanua
 
Sio rubish, a report is clear. Idadi ya matajiri inaongezeka. On the other hand we are still poor because sectors that power our growth does not have a direct connection with undernourished majority in the village
sasa anayesonga mbele anaendeleaji kuwa maskini. Hatuwezi kusonga mbele kiuchumi kama tutaendelea na huu utaratibu wa kutowekeza kwenye kilimo. Ili kuweza kuendelea, huwezi kuruka hatua ya makuzi ya kiuchumi. Mtu mwenye njaa hawezi kufikiri vizuri, tuondokane na njaa kwanza na hilo linawezekana kwa kuwekeza ktk kilimo sio katika siasa. Tuwekeze kwa watu ili kufikiri kwao kuwe sawasawa.
 
sasa anayesonga mbele anaendeleaji kuwa maskini. Hatuwezi kusonga mbele kiuchumi kama tutaendelea na huu utaratibu wa kutowekeza kwenye kilimo. Ili kuweza kuendelea, huwezi kuruka hatua ya makuzi ya kiuchumi. Mtu mwenye njaa hawezi kufikiri vizuri, tuondokane na njaa kwanza na hilo linawezekana kwa kuwekeza ktk kilimo sio katika siasa. Tuwekeze kwa watu ili kufikiri kwao kuwe sawasawa.
Mkuu, a report is clear, wanaosonga mbele ni wachache na ndio hao matajiri wengi wetu bado tuko nyuma kama nilivyokuelezea awali. Mengine yote naku-support
 
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