With Zero investment, Rites gains TZS.177bn 'profits'

Hard Hitter said:
Wewe ubaguzi unakusumbua sana. Wahindi ni wabaguzi, hawapendi kujichanganya na Waafrika kabisa -- ila tu katika ngazi za juu za mafisadi. mmeishi miaka chungu nzima hapa lakini mnakaa kivyenu vyenu tu hamtaki ku-interact na wazalendo, kuoana etc. Ahei hata Warabu. Siku hizi kazi yenu kubwa ni kuingia siasa kwa njia za kifisadi ili muendeleze kulimbikiza mali, na siyo kumuendeleza mzalendo ambaye hamumjali kabisa.
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Hard Hitter ! Uko sawa Kabisa, umeshaona wapi gabachori kijijini mwalimu wa shule ya msingi? Hakuna maslahi, ndio maana wamejiwekeza kwenye siasa baada ya kuona kuna mwanya wakushirikiana na watu wa chama tawala kuwanyonya wazalendo.
 
Rites to be paid 21bn/- for TRL 'divorce'

By SEBASTIAN MRINDOKO,
17th January 2011

 THE government will pay only 21bn/- for repossessing Tanzania Railway Limited (TRL), instead of a whopping 86.6 US million (about 125bn/-) demanded by Rail India Technical and Economic Services (Rites) for sale of its stake, sources have told the 'Daily News'.

The Tanzania Railway Corporation (TRC) was dissolved in 2007, to create TRL jointly with Rites which owns 51 per cent shares, while the government has 49 per cent stake.

Rites made an offer to sell its shares to the government several months ago, after TRL was dogged by financial constraints and regular workers' strikes over salary delays.

Sources said over the weekend that some claims by Rites were dropped during negotiations because they were baseless under the terms of the concession agreement. The negotiations took almost six months.

"The bargaining power and great negotiation skills deployed by the government team helped in reducing the claims, thus rescuing the government from paying heavily," a source said. (mmhh!!!!)

The negotiation team advised government to pay genuine claims only including services provided by the Indian shareholder to TRL, debts linked with fuel supply, spare parts and other equipment used in rehabilitation of wagons and locomotives.

The negotiation involved government experts and representatives from Rites.

The Minister for Transport, Mr Omary Nundu, declined to comment on the negotiation team reports, he insisted that the government will soon issue an official statement on the fate of TRL.

"We would like to see our marriage (contract) with the Indian investor brought to an end peacefully without causing trouble to the country," Mr Nundu added.

Mr Nundu recently promised to ensure that the investors leave the company as soon as possible.

Mr Hundi Lal Chaudhary, TRL Managing Director, refused to talk on the issue. "I am waiting for the final decision to be made by both TRL shareholders," he said.

Some of the items which Rites demanded to be paid for included US$15million as compensation or transaction expenses for their exit, US$12.68 million as rental charges for leasing of old coaches and locomotives, plus an interest on late payment of US$1.3 million.

Also the Indian based company demanded US$ 16 million for rehabilitation of locomotives, while it didn't do any major repairs during the last three years of their management of TRL.

The company also claimed US$2.36 million being interest on outstanding payment.

The Indian investor's request to sell coaches and locomotives to the government was quashed, on grounds that procurement law does not allow purchase of used goods.

In 2008, TRL leased 25 locomotives and 23 coaches from RITES-India to cover for shortage that faced the company but on condition that they are to be re-exported to India after a year.

In August, 2009, Rites demanded payment of 10.42 million US dollars to cover the lease of 25 locomotives and 23 passenger coaches imported from India to revive passenger services. But after failing to settle the claim, the rolling stock was pulled from operations.

My Take:

1. Hii siyo Dowans nyingine kweli?

2. Hawa jamaa waliwekeze $$ ngapi kwenye hizo shares zao?

3. Na kama shirika limeingia hasara si wanahisa wote mnakuwa mmeingia hasara?

4. Je hatutapelekwa tena ICC?

5. IS THIS NOT ANOTHER PROOF KWAMBA BONGO NI SHAMBA LA BIBI?
 
Kwa faida gani walioiletea taifa kwa kipindi cha uwepo wao ofisini bila ya ridhaa yetu????????????????
Nani huyo kwanza anataka kuwalipa??
 
Hii nchi ni kama haina mwenyewe sisi kila siku ni wa kulipa madeni tu bila kuzalisha na ukiangalia sana hayo madeni ni mchezo unaochezwa na mawakala wazawa wasio na uzalendo, wanatuingiza mikataba feki wakijua tutavunja tuwalipe, nauchungu sana na hawa watu ama zao.
 
Quinine said:
Hii nchi ni kama haina mwenyewe sisi kila siku ni wa kulipa madeni tu bila kuzalisha na ukiangalia sana hayo madeni ni mchezo unaochezwa na mawakala wazawa wasio na uzalendo, wanatuingiza mikataba feki wakijua tutavunja tuwalipe, nauchungu sana na hawa watu ama zao.
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Hlafu tunavyofanywa mafala, jamaa wanajisifu kufanya kazi wanayotakiwa kufanya. Nadhani ni vema hao so called negotiators wangetajwa majina mapema ili yakiibuka mabo ya ICC tusijeanza kutafutana!

"The bargaining power and great negotiation skills deployed by the government team helped in reducing the claims, thus rescuing the government from paying heavily,"
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huu na mechozo wa dowans ni mtu na binamu yake, na wawekezaji wakweli ni wabongo wenzetu wakiwatumia baadhi ya magabachori
 
Hivi viongozi wetu mmepatwa na nini hasa kichwani jamaniii???????

Sasa hivi tuko Afrika Mashariki kiushindani lakini kiuchumi tunatia huruma sawa tu na Burundi. Kweli wenzetu nyinyi hali hizi zinzotukumba kama taifa katu huwa haiwagusi kitu.

Wenzenu mbona mnatufanya hivi kila kukicha HADI MNAFIKA MAHALA MNAIBA HADI MBEGU!!!

Viongozi wetu wa dini zote iombeeni taifa letu KUPATA TENA VIONGOZI WAAMINIFU JAMANI inatia machungu sana hivi! Kwa nini Tanzani tulazimishwe kuonekana taifa la walalamishi kwa kero za UFISADI kila kona kila kukicha.

Mwisho wa siku hata jirani zetu Kenya au Afrika Kusinia wataanza kutupa misaada jamani kama nchi zilizoendelea zinvyofanya.

Taifa haiendelezwi kwa kuibia nchi yako na kupeleka fedha ng'ambo au kununua mijumba huko jamani KEROOOOOOOOOOOOOOO!!!!!
 
Watanzania "waliolazimisha" na kupelekea TRL kuingia mkataba na RITES ni WASHENZI, WAPUMBAVU, WASIO na UZALENDO hata chembe kwa Taifa hili. Mumiani wakubwa!!! Walaaniwe wao na warithi wa mali zao...!!!!
 
Hivi CCM Tuwafanye Nini? Hiki Chama ni Wajeuri na Wananchi Kazi Kwetu. Tuangalie na Kujifunza Jinsi Gani Nchi Zingine Zinavyo Badili Uongozi Kama CCM. I don't Think We Can't Take CCM One More Day...Kilichofanya Serikali ya CCM Kukubali Hii Deal ni Nini? Utamaduni wa ccm Sikuzote ni Dharau na Utafutaji wa Wizi. The Problem is We as Tanzanians We Have Failed Ourselves, We Let So Many Things Happened to Us from ccm. We Need to Stand Up for These Animal Acts from ccm.
 
Si kweli kwamba ni zero investment kama watu wanavyotaka kutuaminisha hapa. Hebu wacheki IFC, wanasema wao walitoa US$ 7mil kama part ya loan ambayo ilikuwa inategemea iwe 44 mil. Kwahiyo kuna pesa ziliwekwa pale. Ni rahisi tu kupata info kama hizi.
 
How much was paid by Rites to own 51% shares of TRL? :angry:

~**~**~**~**~**~**~**~**~**~**~**~**~**~**

By SEBASTIAN MRINDOKO,
17th January 2011

 THE government will pay only 21bn/- for repossessing Tanzania Railway Limited (TRL), instead of a whopping 86.6 US million (about 125bn/-) demanded by Rail India Technical and Economic Services (Rites) for sale of its stake, sources have told the 'Daily News'.

The Tanzania Railway Corporation (TRC) was dissolved in 2007, to create TRL jointly with Rites which owns 51 per cent shares, while the government has 49 per cent stake.

Rites made an offer to sell its shares to the government several months ago, after TRL was dogged by financial constraints and regular workers' strikes over salary delays.

Sources said over the weekend that some claims by Rites were dropped during negotiations because they were baseless under the terms of the concession agreement. The negotiations took almost six months.

"The bargaining power and great negotiation skills deployed by the government team helped in reducing the claims, thus rescuing the government from paying heavily," a source said. (CRAP)

 The negotiation team advised government to pay genuine claims only including services provided by the Indian shareholder to TRL, debts linked with fuel supply, spare parts and other equipment used in rehabilitation of wagons and locomotives.

The negotiation involved government experts and representatives from Rites.

The Minister for Transport, Mr Omary Nundu, declined to comment on the negotiation team reports, he insisted that the government will soon issue an official statement on the fate of TRL.

"We would like to see our marriage (contract) with the Indian investor brought to an end peacefully without causing trouble to the country," Mr Nundu added.

Mr Nundu recently promised to ensure that the investors leave the company as soon as possible.

Mr Hundi Lal Chaudhary, TRL Managing Director, refused to talk on the issue. "I am waiting for the final decision to be made by both TRL shareholders," he said.

Some of the items which Rites demanded to be paid for included US$15million as compensation or transaction expenses for their exit, US$12.68 million as rental charges for leasing of old coaches and locomotives, plus an interest on late payment of US$1.3 million.

Also the Indian based company demanded US$ 16 million for rehabilitation of locomotives, while it didn't do any major repairs during the last three years of their management of TRL.

The company also claimed US$2.36 million being interest on outstanding payment.

The Indian investor's request to sell coaches and locomotives to the government was quashed, on grounds that procurement law does not allow purchase of used goods.

In 2008, TRL leased 25 locomotives and 23 coaches from RITES-India to cover for shortage that faced the company but on condition that they are to be re-exported to India after a year.

In August, 2009, Rites demanded payment of 10.42 million US dollars to cover the lease of 25 locomotives and 23 passenger coaches imported from India to revive passenger services. But after failing to settle the claim, the rolling stock was pulled from operations.
 
But while Rites has cornered the government with over seven key demands which, together, totals Sh177 billion, The Guardian on Sunday has established that the company didn't invest a single shilling during the controversial acquisition of TRL. The truth is that the Indian firm expected to use the TRL's shares and assets it acquired dubiously in order to borrow $400 million from International Finance Corporation the lending arm of the World Bank. (shamba la bibi)

https://www.jamiiforums.com/habari-na-hoja-mchanganyiko/63029-with-zero-investment-rites-gains-tzs-177bn-%60profits%60.html
 
Hawa wahindi waliingia nchini mikono mitupu wakatumia Assets za TRC kupata mkopo wa $400 ambao hatujui umetumikaje katika kuboresha TRC (na hakuna kuboresha kokote kulikofanywa na hawa wahindi tangu waingie huduma za TRC ndiyo zilizidi kudorora).

Serikali imeamua kuwalipa $87m pamoja na kuwa nao ni matapele tu! yale yale ya DOWANS, Net Group Solutions, IPTL etc....kuna haja kweli ya kuendelea kuwa na viongozi wabovu kiasi hiki ambao kila kukicha wanaitia nchi sasara kubwa za mabilioni ya shilingi?
 
We pay thieves WAHINDI 21 bil....!!!! What say again.....!!!!???? Oooooooohh TZ, only country in the entire world where MADUDU
are beyond IMAGINATION, bcoz of POOR LEADERS.....!!!! aaaarrrrghhhhhh i am sick, sick:frusty::frusty::frusty::frusty::smash::smash::smash: again 21 bil...???
 
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