adrian oyugi

into social enterprise and initiatives that can alleviate poverty.

[Hopewell Chin’ono @daddyhope]

Fascinating observations

My flight from Johannesburg to Qatar was captained by an African pilot. The flight manager for the cabin crew was Nigerian. When I landed in Doha, the VIP security detail checking luggage was from Kenya.
The lady who served me coffee on the VIP launch is from Kenya.

At the hotel, the porter who brought my bags was from Uganda.

This morning I was welcomed for breakfast by a lady called Faith. Guess where she is from 🤣🤣🤣

It did not end there. The waiter who served me is from Egypt.

Qatar has oil and gas, yet its citizens enjoy a lifestyle that many Europeans and Americans can only dream of. Africa, with far greater mineral wealth, has millions of its people living in abject poverty.

This is not a failure of resources, it is a failure of leadership, governance, and vision. Africa has failed its citizens by failing to create healthy and dignified employment opportunities despite being one of the richest regions on earth.

When you cannot manage your own affairs, the world will not respect you, and your people will continue to build other nations while their own remains underdeveloped.

[adrian oyugi @anoyugi]

@omuonyotieno @nyorude We are related to families like this one, it is not funny.🤣🤣🤣

[adrian oyugi @anoyugi]

@ArchitectMwangi How many bedrooms and what budget are you looking at?

[costa @costakonti1]

@VusiThembekwayo They are communists

[adrian oyugi @anoyugi]

@Navz0017 @omuonyotieno @osoroKE Harsh....

[adrian oyugi @anoyugi]

@omuonyotieno @Yemihazan @Navz0017 🤣🤣🤣🤣

[K24TV @K24Tv]

I should not be coming here to convince Kenyans how the economy growing, it is them who should tell me the economy is growing.

[Kenyans.co.ke @Kenyans]

This Constitution is too expensive - John Mbadi

[adrian oyugi @anoyugi]

@EricLatiff The national government is composed of three branches: The Legislature, Executive and Judiciary. Is each arm really independent??. The powers of the executive arm of government out to be diminished. We need to have all independent office holders elected directly by the people.

[Tanzania Business Insight @TanzaniaInsight]

𝗦𝗢𝗩𝗘𝗥𝗘𝗜𝗚𝗡 𝗗𝗘𝗕𝗧

𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮 𝘄𝗮𝗻𝘁𝘀 𝘁𝗼 𝘄𝗲𝗮𝗻 𝗶𝘁𝘀𝗲𝗹𝗳 𝗼𝗳𝗳 '𝗵𝘂𝗺𝗶𝗹𝗶𝗮𝘁𝗶𝗻𝗴' 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 𝗹𝗼𝗮𝗻𝘀 𝗮𝘀 𝗱𝗲𝗯𝘁 𝗯𝘂𝗿𝗱𝗲𝗻 𝗺𝗼𝘂𝗻𝘁𝘀

◾"The World Bank is harassing us," says President Samia Suluhu Hassan

◾East African nation seeks to increase tax collection and cut reliance on external loans

◾ Government under pressure to raise funds for flagship infrastructure projects

July 8, 2024

𝘽𝙮 𝙏𝘽𝙄 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙧
Dar es Salaam

Tanzania wants to reduce reliance on foreign loans by raising tax collection as it faces a fiscal hurdle to fund flagship infrastructure projects and social services for its 62 million people.

The East African nation needs billions of dollars each year for infrastructure projects, including a new standard gauge railway (SGR), power plants, roads, airports, bridges and purchase of new planes for it's national flag carrier.

At the same time, it requires significant resources to finance its fee-free education programme, health and water services.

"We need more revenues to reduce lending... The World Bank is harassing us, but we are still there. Why? We have development projects that require funds. We don't have the money, so we borrow," President Samia said.

"These are loans and we are being harassed. What if we had asked for handouts?"

She suggested that government officials have to kow-tow to foreign lenders to get funding, citing the World Bank and the European Investment Bank.

She made the remarks on Friday last week in Zanzibar after swearing in Yusuph Mwenda as the new Commissioner General of the Tanzania Revenue Authority (TRA).

A few days after her remarks, President Samia held talks in Zanzibar with Thomas Östros, Vice President of the European Investment Bank (EIB),

𝑨 𝑮𝑹𝑶𝑾𝑰𝑵𝑮 𝑩𝑼𝑹𝑫𝑬𝑵

The World Bank is Tanzania's biggest multilateral creditor.

As of August 2023, the total World Bank-financed portfolio in Tanzania amounted to $8.3 billion.

Tanzania's national debt remains sustainable based on key indicators, including the debt-to-GDP ratio, but there is growing concern on the country's burgeoning external debt burden.

Tanzania's total external debt stock rose to $31.2 billion in May 2024, up from $29.7 billion a year ago.

President Samia ordered the country's new top taxman to plug tax evasion loopholes, particularly at the port of Dar es Salaam, and raise revenue for the nation.

Tanzania's tax authority collected TZS 27.64 trillion revenue in fiscal year 2023/24, but the government wants more taxes.

Samia instructed the TRA chief to collect taxes from everyone without fear or favour.

The President acknowledged the impressive work done by the previous TRA Commissioner General, Alphayo Kidata, in raising tax collection but said she removed him because he was being targeted by individuals both within her own government and elsewhere.

Samia said she has appointed Kidata as a presidential advisor on tax issues and ordered him to shadow the new TRA boss Mwenda to ensure the country meets it's tax collection targets.

[adrian oyugi @anoyugi]

@manjis We only remember communications when there are 🔥 🔥 to put out.

[KTN News @KTNNewsKE]

Several churches cancel planned fundraisers after youth warn against inviting politicians

#WeekendPrime @dennisaseto

[Steve Hanke @steve_hanke]

In response to an IMF-inspired tax hike of $2.7Bn, Kenyans are RAMPAGING through the parliament building in Nairobi.

As Harvard Prof. Robert Barro puts it, "THE IMF DOESN'T PUT OUT FIRES, IT STARTS THEM."

[Sunny Bindra @sunnysunwords]

“Get the hell out of their way.”
Via @MutumaoNkanata

[adrian oyugi @anoyugi]

@Navz0017 I can see that you are also GenZ...

[adrian oyugi @anoyugi]

@ShowmaxSport Are you airing the Champions League Final.

[Mohammed Hersi : Mr Optimist @mohammedhersi]

We found our very own Marie Antoinnete.

Biggest source of govement revenue is taxing fuel, 40% of the pump price is tax and he is telling us if you don't want to pay the new levy leave that damn vehicle at home. He is also blaming car owners for refusing to use public means which has failed to attract investors. This is your chair Budget & Appropriation committe National Assembly.

This is unbridled arrogance and a comment that he would regret for the rest of his life.

Boss please wear your designer stuff without vomiting on our shoes

Iko shida 🤔🤔🤔🤔

[Daily Nation @NationAfrica]

Lawyer John Khaminwa: Linturi's case is a matter of "portfolio corruption". The word "corrupt" here doesn't mean one taking money but one being irresponsible in the job they have been given by the President.

[Julians Amboko @AmbokoJH]

UPDATE: I am reliably informed that manual population of VAT returns has finally been enabled by the Kenya Revenue Authority (KRA)...Sigh!

[adrian oyugi @anoyugi]

@ntsa_kenya Kindly elaborate on the new process for applying for new DLs. Thxs.