Francis

Economist | Development Expert | Tech Entusiast | Interests: Digital Economy | Economic, Business and Digital Transformation

[Francis @fmsampa]

@TanzaniaInsight So how did the soaring debt cause the shilling to wobble?

[Dar es Salaam Institute of Technology - DIT @dar_dit]

Rais wa Jamhuri ya Muungano wa Tanzania Mhe.Dkt.Samia Suluhu Hassan ajionea namna DIT ilivyojipanga katika kuzalisha vijana mahiri watakaoisaidia nchi.

[Financelot @FinanceLancelot]

DeepSeek is the black swan OpenAI and $NVDA didn't see coming.

CNBC is all over it, questioning what happens next now that this free open source model costs 30x less to operate on old hardware.

[The Spectator Index @spectatorindex]

Tripadvisor best nature destinations, 2024.

1.🇳🇵 Kathmandu, Nepal
2. 🇻🇳 Halong Bay, Vietnam
3. 🇪🇬 Hurghada, Egypt
4. 🇲🇺 Mauritius
5. 🇮🇩 Lombok, Indonesia
6. 🇺🇸 Kauai, US
7. 🇹🇿 Zanzibar Island
8. 🇰🇾 Grand Cayman
9. 🇬🇵 Guadeloupe
10. 🇿🇦 Kruger National Park, South Africa

[Open Government Partnership @opengovpart]

📣 OGP is pleased to announce @aeyakuze as its new CEO! As a dedicated advocate for transparency and citizen engagement, he will guide OGP’s 76 members and partners in delivering ambitious #opengov reforms.

Many thanks to @SPradhanOGP for 8 impactful years of leadership!

[Francis @fmsampa]

This is insane!🤯

[Djole 🇷🇸 @onlydjole]

🇷🇺👀‼️NI: NATO shocked by the capabilities of the Russian SU-57 - It literally breaks the laws of physics‼️

NATO's intelligence services were faced with a major challenge when news of new deliveries of Russian Su-57 and Su-35 fighters to the Russian Space Forces (VKS) arrived.👇

[Francis @fmsampa]

So Tanzania officially stole the show… and Coalition of the Willing officially failed..

[The Citizen Tanzania @TheCitizenTz]

Tanzania has overtaken Kenya as Uganda’s largest source of imports, denoting a shift in trade, especially within Africa.

Kenya has traditionally been Uganda’s largest trading partner but data indicates that East Africa’s largest economy is now second after Tanzania in terms of Uganda’s largest source of imports from within Africa.

Data from Bank of Uganda indicates that during the year ended June 2024, Uganda imported goods worth $4.17b from Comesa and the Rest of Africa combined, of which almost half was from Tanzania.

Uganda, according to data from Uganda Revenue Authority, imports mostly gold, rolled iron or non-alloy steel, groundnuts and carboys, bottles and flasks from Tanzania.

Gold forms more than half of Uganda’s imports from Tanzania. URA data indicates that Uganda imported gold worth Shs1.08 trillion in 2023.

Data indicates that 42.56 percent of Uganda’s imports from within Africa were in the year ended June 2024, sourced from Tanzania, compared to 19.55 percent from Kenya and 6.43 percent from South Africa.

The Bank of Uganda further indicates that during the year to June 2024, Uganda spent $1.77b on imports from Tanzania, which was more than triple the $450.46m recorded in the year to June 2023.

Kenya, which for years had been Uganda’s leading source of imports in Africa, is now in second position, with a contribution worth $816.71, which was a slight reduction from $860.71m recorded in the year to June 2023.

#TheCitizenUpdates

[Francis @fmsampa]

The era of mass communication is long over!

[Quartr @Quartr_App]

Where is advertising spend going?

Comparing the 3-year growth CAGRs and insane scale of $GOOG's, $META's, and $AMZN's advertising revenue streams:

[Francis @fmsampa]

@KMkwawa Significant time reduction is not the only Key outcome. Travel cost reduction/saving is the other one!

[HUSTLE 24/7/365🐰 @joh_Mnaly]

Npo karume TBL…🌵
Troo za kitambaa ni Tsh.8,000/= tu
Makoti pia yapo na full suit inapatikana kwa bei kitongaa…🔥👊🏽
#TupendezeWote🥂

[Francis @fmsampa]

A double win for Tanzania… a win on Gold exports, a win on Tourism exports!

[Financial Times @FT]

Gold has surged to an all-time high, fuelled by geopolitical tensions and central bank interest rate cuts https://t.co/d0WeRK9XHB

[Yuen Yuen Ang @yuenyuenang]

What truth is hidden when you assume West is normal whereas China is an “outlier”?

Quoting Ha-Joon Chang 👇

You fail to see the “fairy tell retelling of the history of the world” in textbooks

Know capitalism as it *really* has been

https://t.co/fY0iQ1HAhW

[#KitaaREJEX OUT NOW..!!! @FidQ]

One of my fave female activists once gave me some much-needed wisdom after I was snubbed at an awards show. She said to me, ‘Your talent cannot be tarnished by the lack of accolades. We know who you are—you’re destined for greatness’

[IMF @IMFNews]

What does the IMF do? Find out in our newest episode of Ask an Economist. https://t.co/tbJXY4r4SI

[Li Jingjing 李菁菁 @Jingjing_Li]

🇿🇲Zambia expert:
In Africa, the U.S. leaders landed at the airport built by China, drove on the road built by China, and spoke in a building built by China, to tell African people not to work with China ...😅

[Francis @fmsampa]

Well explained!

[Instablog9ja @instablog9ja]

Canadian PM candidate Piere Poilievre explains inflation in simple terms.

[MFA Tanzania @mfa_tanzania]

Balozi @JohnUlanga amezungumza na Balozi @IEAmbDar kuangazia kukuza ushirikiano katika uchumi wa kidijitali, uwekezaji, teknolojia, kubadilishana ujuzi biashara, na kilimo cha bustani.
Aidha, Tanzania imealikwa kushiriki Kongamano la kiuchumi litakalofanyika Dublin, Ireland 2025.

[Irish Embassy Dar @IrlEmbTanzania]

Today, Ambassador Nicola Brennan met with Ambassador John Ulanga, Director of International Trade and Economic Diplomacy at the Ministry of Foreign Affairs to discuss enhancing economic diplomacy relations between Ireland 🇮🇪 and Tanzania 🇹🇿.

[Larry Madowo @LarryMadowo]

Tanzanians just scan their passports at these smart gates and enter the country.

They don’t line up to give biometrics and get passports stamped