In Tanzania today, air-tickets, school fees, hotel accommodation, automobiles, import duty, merchandise and even rent within affluent parts of the country is being priced and paid in United States Dollar. Those unwilling to pay the dollar are required cough the local currency, based on the day’s prevailing exchange rates.
It leaves many to wonder on the country’s economic direction, worthiness of her currency and the seriousness of her leadership to contain the rapidly spreading dollarization virus. Tanzania is being dollarized at whose benefit, and does this mean our country is a failed state, economically?
By definition dollarization means an extreme situation of an economic instability in which a foreign currency –often the US dollar- replaces a country’s currency in performing basic functions of money.
By definition dollarization means an extreme situation of an economic instability in which a foreign currency –often the US dollar- replaces a country’s currency in performing basic functions of money.
In some countries it becomes an official policy of the government to curb economic dilemma by letting the dollar become medium of exchange. It also implies that the domestic central bank is no longer available as a lender of last resort.
In other words some countries adopt the use of dollar so as to tie trade of their goods to world prices, so that the domestic inflation is closely related to United States Inflation. Official dollarization has been adopted in countries suffering from CHRONIC and extreme economic problems such as inflation; basically it is adopted in almost failed states.
While in Tanzania recently, I took a short vacation to Bagamoyo. I went to one of the resorts, and was requested to pay for the services in US dollar. I adamantly refused to pay the dollar because I was in my country, alternatively was advised to pay in domestic currency based on the day’s prevailing exchange rate, and believe it or not, the rate demanded was USD 1 was TSH 1355 as opposed to TSH 1315 which was the median. This sent me into a state of confusion on how useless the domestic currency has become to Tanzanians.
Amid Zimbabwe’s descent into social political turmoil, and economic nightmare characterized by historic and record breaking inflation levels, in the threshold of being a failed state, Zimbabwe was forced to dollarize her economy.
Zimbabwe dollar became worthless despite the relentless effort by the central bank to stabilize and even peg the country’s currency with hopes of restoring economic vitality of a nation that once stood as Africa’s breadbasket.
Zimbabweans had to swallow their pride and adopt a foreign currency –US dollar- for her survival. Comrade Mugabe, an African hero, and a dictator in the eyes of the west, succumbed to colonization, which he has been against all of his life, by letting his country use a foreign currency. American dollar, therefore, became and perhaps is still the official medium of exchange.
Tanzania is one of the few African countries boasting peace and stability. The country’s strategic wealth of natural resources should have rendered her currency to be one of the strongest around the region should it have been blessed with good and formidable management; blessed with leaders who foresee the future and ready to be sacrificial for the good of their nation, than the gluttonous, economic vultures the country is blessed with today.
My inquisition as to why I was being charged a foreign currency in a sovereign nation brought about new discoveries; it came into my knowledge, while in Bagamoyo, that some of the frequent guests in these resorts are Cabinet Ministers and Members of parliament.
And all of them pay for the services rendered in United States Dollar. And my only question is, if ministers, high ranking government officials and Members of parliament can pay their bills in US dollar, who else then, can fight for the common man whose pillars of hope are being fractured and fragmented by the introduction of the dollar social divide culture? He has no defense!
We are going to be so naïve to believe that, these businesses charging foreign currencies are owned by ordinary citizens. These facilities are owned by the society elite and the KLEPTOCRATS; economic robbers–within the establishment- around the country who control the resources of the masses, collecting from the poor citizens, and even looting the public coffer just to turn around and transfer their loot into their offshore accounts. These few persons make life particularly harder and unattainable to the poor majority.
Picture a scenario likely to be faced by a peasant, hardened by poverty from the countryside that has never touched a dollar, must go through to pay for his or her child’s school fees? Picture a recent graduate, trying to find housing, and has to pay in terms of the dollar. Does this mean that the poor are marginalized in their own country, at the expensive of the rich minority who retains exclusive rights to better services and preferential treatment?
Is it the new class Identity where dollar rules and serves as sign of power and prestige?
Currency is a symbol of nation’s sovereignty; source of cultural identity and pride. but when the very leaders we hold with high regards as custodians of our laws, and protectors of our sovereignty, lead the way by supporting the notion of our currency being worthless, then we have a problem.
And there is no way we can resolve our economic issues unless we vote in leaders who walk the talk, not just hypocrites and inexorably feebleminded, who don’t understand the negative consequences of using foreign currency in your own country. Unless this is a government project meant to stabilize or get rid of the already worthless currency, the unworthiness of our currency will only get worse.
Unnecessary imports must be curtailed to encourage domestic innovation, and thus lessen demand for foreign currencies. The parliament must make sure all corrupt individuals who are threatening the economy, by having so much money in circulation are arrested and expeditiously tried, with their assets either frozen or confiscated.
This will in the long run, bring stability into the economy by letting the market play fairly following natural economic laws, reversing the current artificial environment created by the few rich who have inflated prices basically for everything to unrealistic levels, while demanding foreign currency for the services they offer.
I inexorably believe that, the Bank of Tanzania, has the power, and an upper hand, through its monetary policies to tame the problem if it decides and has the will to do so, especially by compelling depository and other financial institutions to cooperate in an effort to contain the dollarization pandemic. Country’s leadership, especially the parliament through passage of sweeping financial reforms and laws, can have far reaching effects in the efforts to rid the country of this problem.
The will to bring change must exist amongst the lawmakers; they must also understand the consequences of the dollarization to an economy. Alternatively, monetary experts may need to consider “currency pegging” as known in the economic circles or capital markets, in order to bring a temporary corrective measures while exploring long term solutions to the problem
The greatest solution of all is the citizenry who has more powers than any other institution .An ordinary citizen has the ability to refuse paying a dollar for the services rendered. This effort is the most effective and has far reaching consequences if can be pursued and adapted, because in the long run, it will bite where it hurts the most; the pocket of the perpetrator. An ordinary citizen has the power to boycott all businesses conducting their trade or services in foreign currency, and above all, has the power to vote out leaders who do not represent their interest and are part of the corruption syndicate .
There is no salvation available to the common man than his own self; Consumer Protection Agency which would have organized mass action, boycott, or institute legal action against these businesses is either dead or does not exist, or has been infiltrated by corruption, and rendered useless by the Kleptocrats, and I guess ordinary citizens are praying for the rise from dead Edward Sokoine, Julius Nyerere, and a few other true patriots who hated corruption with passion, to save their country.
If only we could unite and get rid of our enemy FEAR, we will see the re-birth of the Nyereres and Sokoines, of our generation, and the wind of change will blow our way.
Reminiscent to recent Zimbabwe’s, and Latin America’s dollarization of their economies in the turn of the decade, the musky and nascent cloud of dollarization of Tanzanian economy, is spelling the chronicle of failure foretold; collapsing of an economy at some point, unless immediate vigorous measures are taken.
Without being careful, and working aggressively to combat the growing dollarization, we may find ourselves in a state where all we have worked for becoming worthless, in exchange for sacks of banknotes to buy a loaf of bread. We must STOP the usage of dollar in our country, else we are handing our country over to the vultures of corruption
Mungu Ibariki Tanzania
John Mashaka
Mashaka.john@yahoo.com
huyu john mashaka nilimuona anazunguka sana na wale ndugu zetu wenye ulemavu wa ngozi, nadhani aliteketeza wengine au ile kafara ya kikurya ya kondoo mweusi inafanya kazi yake. mtoto ana akili utazani hana akili nzuli, hata rais mweneyewe ana zezezeze yeye lugha yake swafiiiiiiiiii
ReplyDeletehuyu mimi nasubili siku unakuja kutoa shule ya gumbaru ili na mimi niingie na kujifunza kiingereza
John Mashaka, you are a young brilliant guy, and respect you, and would love to contrbibute to your master piece by saying that,Your talents means so much for Tanzania, and I do hope our leaders ought to start reading your informative articles. These are some good stuff, and allow me to contribute by saying that,
ReplyDeleteDollarization means adopting the US dollar as the currency of choice in a foreign country. Many countries today are already dollarized unofficially. Where the purchasing power of the local currency has been volatile, as in Latin America and in the former Soviet Union, people often hold dollars as a store of value. In those cases the domestic currency is commonly used in small transactions, but the dollar is preferred in large transactions and in savings.
Official Dollarization
In some countries, using the dollar in transactions is perfectly legal, in others it is not. In a very few, the US dollar is the official currency, mostly in small or developing countries. Panama has been officially dollarized since 1904. Other countries have on occasion considered moving to an official dollarized system.
Under official dollarization the local currency is completely replaced by the dollar, with the possible exception of coinage. That means domestic banks only accept dollar checking accounts and issue dollar loans. Federal Reserve notes are legal tender and the only form of paper money recognized by the government.
Before its latest political and economic crisis, Argentina operated under a currency board system that maintained an exchange rate of 1:1 between the dollar and the peso. That required holding sufficient dollar reserves to fully back the pesos in circulation. The dollar was recognized as legal tender along with the peso. Argentina has since abandoned the peg to the dollar and gone to a floating exchange rate for the peso.
In the wake of the Asian and Brazilian economic crisis, Ecuador was unable to avoid a deep recession and banking crisis. In March 1999 the government froze deposits in the entire banking system as the value of the sucre dropped. A year later, after much political turmoil, and with the help of the IMF in structuring its financial system, Ecuador adopted the US dollar as its official currency. This will be an important test of dollarization under very difficult conditions.
The US Position
There is nothing to prevent a country from unilaterally moving to an official dollarized currency, although the Fed has recommended that it be consulted in advance. At the very least, the Fed would need advance notification of the extra notes that it would have to make available.
A Stabilizing Factor
A country with its own currency, typically issued by a central bank, can exercise its own monetary policy. In theory this enables it to manage its money supply, interest rates, and to some extent the exchange rates solely in its own self-interest. In practice however many developing countries have experienced serious problems in their monetary affairs, lacking the institutions and experience needed. It is likely that official dollarization would significantly improve price stability in those countries with a history of monetary problems.
Loss of Independent Monetary Policy
On the other hand dollarization means that the country can no longer tailor its monetary policy to suit its own needs. Unless its economy closely tracks the US economy, that can be a serious limitation at times. Nevertheless the discipline required might be worth the loss of flexibility. The added stability should offer a better environment for planning business expansion and new enterprise. Under dollarization the central bank would no longer be able to create money, but it would still retain the important task of administering banking system regulations and ensuring sound banking practices.
Mukeli Mukeli
Oslo Norway
Bw. Au Mh. Mashaka, kazi yako na uzalendo wako ni uzalendo wa aina yake, nadhani nimekuwa na hofu kuhusu maandiko yako nikidhania kwamba lako kubwa ni kujitayarishia 2015, lakini baada ya kusoma hii makala yako, nimeingiwa na kuguswa sana rohoni.hili swal ala dola ni swala kubwa, kwani ni projects za mafisadi ambao wameiguza tanzania kuwa kama biashara yao. lakini siku inakuja wwote wataikimbia ncho au watafungwa vitanzni na kuvutwa mabarabarani
ReplyDeleteBwana mdogo, tunaomba Mungu akubariki na kukulinda. Vitabu vya historia siyo tu vya kitanzania bali vya dunia nzima, bila shaka vitakunukuu muda siyo mrefu, na nimatumaini yangu ya kwamba panapo majaliwa utaweza kuiongoza nchi yetu kwenda katika nchi ya ahadi.
Hatuna shaka tena, kwani kiongozi mteule tayari tumeshamuona. Wadau, tunaomba huu mjadala la wa Mashaka usiishie hapa, muuendeleze hasa kuhusu mauaji ya albino na swala la vilabu vya pombe kuwekwa kila baada ya mita 100 kutoka katika makazi yetu. Nadhani yeyote kati yetu atakayeleta usenene kuhusu haya makala, watakuwa na lao jambo dhidi ya Mashaka siyo ukosoaji wa maana. Mh. Mashaka, tutakuita Genius sasa Raiswetu mtarajiwa. Nchi ya Tanzania ikiongozwa na Mashaka na Shayo ni nchi ambayo itakuwa ya kuigwa barani afrika.
mashaka amewekwa fujo na zianze !
ReplyDeleteI strongly appreciate your grave concern on the smoky economy but Um afraid you may be talking to Political Dummies who know nothing about Economics,least of all about The impact of using a foreign currency!
ReplyDeleteIf you ever suggested anything to do with mebbe reducing Taxes or cutting down Bank Interest Rates in this country,the first thing that will happen to you is perhaps recheck your profile in order to establish the source of your anti-CCM sentiments!
How dare you suggest about reducing taxes?Forgotten the basics of Bongonomics I mentioned last time?The truth is Our economy by having lost all its sensitivity to all external economic shocks is by definition a Dead Economy which needs to be taken into A Surgical Theatre in order to mebbe assume a new economic order,a new life economically!
But not with the same Brains behind the wheels,no sir!It will never work!Come to the Export-Import Market in the country!You just have to take a week off spend some time at our DSM Port carry out your own private survaillance and find out who our major Importers and Exporters could be?
You will get the shock of your life!This economy mighty as she is in the hands of just a Handfull!Do we have A Stock Market Exchange in this country?Why Not?Does the Administration know the consequences of their Financial Hypocrisy?Do they have to anyway?KAMSAADA THEORY ever heard of it
John?The Financial Infrastructure simply does not exist in this country to be able to offer practical solutions to your nice ideas,
John!Nobody in the Govt has ever even thought of until now of the necessity of An Emergency Budget Review in the event of a huge Donor Aid meltdown!Nobody in the Govt has even thought of Our Gold being a very usefull financial asset and therefore do something about it as you suggested!
Yes,I have just remembered,John!They were told not to touch anything until the Darlings of Washington DC,the IMF and the World Bank came to to 'insert their Financial Tool into our Woomanomics!'Then it would be all right!
Dr. Mulokaye
Dear John Mashaka
ReplyDeleteI am your staunch supporter and a die hard fun, and the same time constructive critic.
your level of brilliance is above normal, and would advice you to get a translator to translate these articles.These are some good stuff, and can call them excellent.
I will give you mark of 98% in your grammer and everything in this article.In the meantime, remember that majority of Taznians dont speak English. Theferore, find a translator from English to kiswahili so that the majority can enjoy your writings and teachings.John Mashaka, you are aprophet for Tanzania, allow me not to glorify u but to describe you in a very simple way.
1. Your feet is made of titanium
2. your chest is made of gold
3. your head is made of pearl
and your eyes are shining with diamond. You are a treasure for Tanzania. Tatitizo ni kwamba mwili wako umetengenezwa na vito vya thamani, lakini kwa bahati mbaya upo ni kwamba upo katikati ya Jangwa huku umezungukwa na miiba na mbwa mwitu ambao ni hatari hasa. Usikate tamaa bwana mashaka, ila ni lazima utambue kwamba tunakupenda na tunakuthamini sana. Endelea kutuelemisha, usikate tamaa na hawa wenye akili potofu kama US-blogger ambaye hana dira, mtu asiyekuwa na mbele wala nyuma
Makala za Mashaka ni nzuri,uandishi umetulia lakini kuna mapungufu ambayo kama hatabadilika na najua hatabadilika kwani atapenda kuendelea kuliteka kundi lake, kundi la waumini wake. Labda ningependa kumuuliza maswali machache"
ReplyDeleteKwanza, Je? Mashaka audience ya makala zake ni ipi?Kwani nina uhakika asilimia 80% ya wasomao makala zako kuna sehemu wanagota kimsamiati, wengi wa wasomaji wake ni ni ale vibaka wa kariakoo.hakuna mtu makini hata mmoja anayeweza kusoma makala ya mashaka hata siku moja. wengine ni matahira kama US-Buloga
Ujumbe wako ungeweza kuwakilishwa kwa kiingereza poa kama waingereza wanavyoandika bila ya kutafuta misamiati migumu.
Pili, Najua huwezi kupeleka makala zako hizi kwenye reputable journals kwani hakuna atakayezikubali, kwanza zimejaa concept za watu wengine,na umekataa kwa makusudi kuwapahaki yao ya kuwaquote,pili ni makala za kimaongezi na kiinsha, zi za kitaalamu,kusema ukweli ni nzuri kama insha lakini ni mbaya kupindukia kama scientific article.
Tatu,najua hutaki kubadili uwasilishaji wako. kwani unajua unachoongelea ni kitu cha kawaida kabisa kikitafsiriwa kwa kiswahili.Tatizo la wafuasi wako ambao mimi nawasiwasi na uelewa wao, hawahangalii contents, bali wamekuwa obsessed na lugha tu,
Sina maana ya kupinga kwamba hauna contents nzuri, ninachojaribu kufanya ni kukuzuia usivimbishwe kichwa na hawa mashabiki.unachoandika, watu wengi wanaweza kukuandika hapa bongo,tena sitaki kuongelea tulionje,ila wanaandika mabo yao kwenye forum zinazoeleweka,zenye challenges za kisayansi.
Endelea, lakini ushauri wa bure, lazima ujue target yako ni akina nani, hawa mashabiki hawaelewi, sasa wewe unamtarget nani wa kuelewa mawazo yako vizuri kwa kunakili misamiati ambayo nina uhakika hata wewe mingine huwezi ukaflow wakati unaongea nilishakusikiliza ukiongea.MTU YEYOTE MJANJA AKITULIA ATAANDIKA HIYO MISAMIATI
mashaka juu, juu, juu juu zaidi
ReplyDeleteKidumu Chama Cha mashaka Kidumu
zidumuu fikra za mwenyekiti Mashaka zidumu
Zidumu Fikra za Makamu shayo Zidumu
Tawi La CCM Reading (UK)
Mashaka hii post imeniacha hoi saana. Atleast imedefine unafikiri vipi! Are you serious?
ReplyDeleteUnnecessary imports must be curtailed to encourage domestic innovation, and thus lessen demand for foreign currencies.
Labda uwe specific kurestrict au kucurtail import unamaanisha nini? Maana umeandika kama products za Tanzania ndio zinahitajika duniani. Maana ukiimpose restrtions au whatever you call it unategemea nani ataruhusu uuze kwake???
The parliament must make sure all corrupt individuals who are threatening the economy, by having so much money in circulation are arrested and expeditiously tried, with their assets either frozen or confiscated.
Corruption is just a part huna haja ya kuhit around the bush, ni issue ya sera ya pesa, Fiscal and monetary policy. Policy inasababisha uwepo wa inflation in the end kila mtu anakimbilia kwenye currency nyingine. Ushauri mkubwa ni kupambana na inflation while at the same time taking a closer looker kwenye stability ya currency.
Honestly katika article hii umeboa sana, nadhani inabidi uchague field kama ni siasa au uchumi. But nadhani uchumi kwako huuwezi
Nimechoka na debate za huyo jamaa, sioni kinacho tangia nimeanza kuona huo upuuzi wake, samahani kwa hilo kaka michuzi,
ReplyDeleteMdau,, Malaysia
mashaka kitu ambacho itabidi uelewe ni kwamba, tanzania ilishagawanywa. hizo hoteli na shule zote unazozisema ni kwamba zina wenyewe.
ReplyDeletepia ukitembea mjini, utakuta Bureau De-Change nyingi sana, karibia kila kona, na hii ni kwa sababu kwamba zote zinamilikiwa na Mafisadi. Haoa hao mafisadi, ndio wanaolazimisha dola ili maduka yao yapate fedha, matokeo yake hela zote zinaenda ulaya kutumia njia za panya. Umeelewa
Kwa hiyo unayoyaongea ni kweli ila tumeyasikia mno hapa nchini hadi tumechoka. kila la kheri katika vita vyako, unafanya kazi nzuri sana katika hii nchi
Mr. John Mashaka, The issue of dollarization certainly forces its way into public discussion at various junctures in Southern Africa for a variety of reasons. There are many other factors that pull countries towards dollarization and nowhere is this more visible than in contemporary Zimbabwe - a country that has been experiencing rapid economic recession since the late 1990s.
ReplyDeleteA recent analysis by Gilbert Muponda in the electronic publication Zimonline describes dollarization as a situation that occurs when a country relinguishes its ‘own independent monetary policy and (imports) the monetary policy of (another) nation.’ The reference to the dollar stems from the fact that the United States dollar is the most common currency-displacement monetary unit in use around the world. Other currencies, such as the Euro and the Rand, are also used. Over the years, three kinds of dollarization have manifested themselves - official, semi-official and unofficial. Whatever form it takes, dollarization is symptomatic of a decline in the confidence of suppliers of goods and services in the value of the local currency. In a development of some significance to the discussion, the Zimbabwean swimmer Kirsty Coventry was rewarded for her success at the recent Beijing Olympics with a cash payment of USD100 000 (rather than Zimdollars) by Zimbabwe President Robert Mugabe.
Official dollarization means the country ceases to issue its own currency, using a foreign currency instead. It is semi-official if the state recognizes foreign currency as legal tender, while simultaneously issuing and using local currency. In a sense, use of US dollars to reward success in a sporting event, as happened with Ms Coventry, represents semi-official dollarization. Various developments have occurred in Zimbabwe over the past few years to create this situation. Firstly, there has been an increase in the number of public institutions, notably government departments and schools, demanding payment for services in foreign currency. The passport office for example has expedited service on payment of foreign currency for several years now. Since the beginning of 2008, dozens of schools have insisted on payment of fees in foreign currency. Along similar lines, most medical practitioners in the urban centres charge for their services in foreign currency.
The second development pertains to the sale of residential and business premises in foreign currency. The shift has been gradual over the last decade, but appears to be firmly established. It has led to the corresponding practice of charging rentals in foreign currency. The third development inevitably flowed from the others. The diamond rush in the eastern districts has spawned a range of activities, some of which are illegal. It has roped in high-level politicians, police officers, magistrates and prosecutors.
For regulators and law enforcement institutions, the consequence is to clog the system with such a huge volume of work as to render it dysfunctional. In fact, the moral authority of the unit to combat money laundering related to currency dealings has been called into question, given the well-known role of the Reserve Bank in buying foreign currency from the ‘black market’, and in general fuelling the shift towards dollarization. The recent announcement by Governor Gono is another shift in approach by the Reserve Bank.
Foreign currency denominated accounts, which are permitted and managed by commercial banks in Zimbabwe, have tended to be treated with a measure of trepidation – because of the penchant of the Zimbabwe authorities to occasionally raid them when they want to replenish state coffers. The measures proposed by the Governor to discourage the diversion of foreign currency receipts away from the banks are quite inadequate. With some justification, schools (and for that matter, some parents) will feel aggrieved at being deprived of the predictability and stability offered by pegging fees in foreign currency.
Mzee wa malalamiko kwa nini kila siku malalamiko kama mke mwenza!!
ReplyDeleteWacha sisi akina US Blogger ama Dr. US Blogger tuje kujibu.
Yaani wewe badala ya kuja na hoja ya jinsi ya kuwapa watu uwezo wa kununua/ purchasing power unaleta habari za siasa za currency ya TZ.
Mbona pale Dubai mimi nimenunua penthouse kwa dollar na nanunua vitu vingine kwa dola na sio dirham zao na uchumi ni mzuri tu.
Currency is just a medium of exhange, la msingi ni jinsi ya kuwapa watu uwezo wa kuzipata hizo fedha.
Kwa nini unakimbia debate na sisi kama kweli uchumi unaufahamu?
US Blogger and Dr. US Blogger
nafikiri hii ndio sababu gavana wetu amekuwa gavana bora afrika au?
ReplyDeleteMashaka,
ReplyDeleteyou area a true hero!! These are really issues that our leaders can easily solve, if not we should not elect them. I am surprised Dr.Ndulu has been elected Africa's Governor of the year...
GEnius makalio yangu. Hata mimi ni Jinias, mnasujudu Mashaka utadhani ni Mungu, kumbaf Zenu. haya kama mnampenda, nendeni mkaanzishe dheebu lake la wakumbaf
ReplyDeleteunayoyazungumzia bwana mashaka ni mambo ya kweli ambayo wengi watakubaliana nayo bw. john, tunajua wazi kwamba unakipaji, ila ushauri wa bure ni kwamba, usije kuingiwa na jeuri kutokana na kipaji chako ukaanza ujeuri na mambo ambayo hayatakuwa na tija kwa watanzania.haya bwana Rais mtarajiwa kazi nzuri sana na ubarikiwe
ReplyDeleteNaona Wajinga wameanza KuMuiTa
ReplyDeleteMesiah, Yesu............
Watanzania walivyowajinga, yaani siamini.
Wanatukana Rais Wao,
Wanashabikia Jambazi
Na kumuita nabii wa Uongo Mesiah
Mmelaaniwa
Ahsante sana Mashaka,hili ni swala linahitaji kuangaliwa kwa makini,kwani dollarization inasabibisha high inflation na haitusaidii chochote kwani asilimia kubwa ya watu wanalipwa based on Tshillings.
ReplyDeleteMasahaka has once again succeded in belabouring and writing on a simple matter at length. The tendency to prefer a foreign currency in a country not of its origin reflects the failure of the domestic currency to perform as a a store of value or as a unit of account or medium of exchange or all three. It could also reflect the provenance or loyalty or confidence in the local eceonomy of the economic agents prefering foreign currency over the domestic currency. So the extent to which the Tanzanian economy is dollarised reflects one or all the foregoing motives and attitudes.
ReplyDeleteThe main players in the housing and hotel market at the top end of the market are foreigners and receiving dollars facilitates better accounting over an international network/group of hotels and expatriation of funds (capital flight?). Mashaka is out of touch to think a graduate fresh from college in Tanzania would pay in dollars for housing rent- there is a substantial part of the market that still deals in shilings.Also one can easily get hotel accommodation in shillings even in Bagamoyo and all over the country even in the so called tourist hotels- if Mashaka was charged in dollars he probabaly flashed his American passport or accent or both and paid the price for it!
Mashaka also failed to point out a significant and substantial reversal in dollarisation in our economy: once upon a time mobile telephone calls were charged in dollars, since about 3 yeas ago this is now history.
The solution to dollarisation for Tanzania where there still is not a currency crisis is simple and market oriented and the fact that it has not been implemented only means that there are vested interests, amongst the powers that be, against it. One only has to enact and enforce fiscal measures such that if one chooses to receive revenue in a foreign currency one pays a tax for it or tax at a higher rate than revenue received in local currency. Mashaka as usual generated more heat than light by discussing the matter in superficial terms and at great length without proffering any solutions.
You gave as Zimbabwe as an example, don`t you see that you are contradicting yourself? did their currency depreciate bacause of "dollarization"? if dollar is solving their curreny depreciation problem, why don`t we adapt before the situation force us to do so? by the way i`m not into those nationalism nonsense, as long as the majority of our people are living better life, i don`t care what currency we are using
ReplyDeleteNdugu Mashaka,
ReplyDeleteNimesoma kwa makini na kuweza kwa kiasi kikubwa kuelewa ni kwa nini unandika tena kwa uchungu swala zima la matumizi ya sarafu ya kigeni yaani dola ya kimarekani.
Lakini nivyema ungetambua kuwa wakati ninakuunga mkono kwa kutokukubali matumizi ya sarafu ya kigeni kama mbadala wa sarafu ya asili, lakini pia sikubaliani kabisa na matumizi ya lugha za kigeni kama njia ya kufikisha ujumbe wako haswa katika swala hili ambalo linalenga dhahiri kumgusa kila mwananchi wa Tanzania. Na nina pinga hivyo kwa mambo makuu tajwa hapa chini.
(1) Umesema kwamba tunayo sarafu yetu amabayo tunaikandamiza au kuiua kwa kutumia sarau ya kigeni, lakini hiyo ni sambamba kabisa na kuiua lugha yetu sanifu ya kiswahili kwa kutumia lugha za kigeni. Nina amini kabisa kiswahili kina maneno mengi na misamiati mizuri kabisa ya kutumia kufikisha ujumbe badala ya kulazimisha kutumia lugha za kibepari na misamiati migumu kuonyesha umahiri na kubobea katika lugha hizo za kigeni, hiyo ni sawa sawa na yule waziri anayetumia sarafu ya kigeni kuonyesha ni jinsi gani alivyobobea katika ubepari.
(2) Umezungumzia pia swala la uzalendo na kuwachagua viongozi wanao tenda mambo sahihi badala ya ahadi pekee, ukimaanisha kuwa wale wanao kwenda kinyume na matarajio ya wengi wasichaguliwe, hii ni sawa na kusema kuwa wale wasio takapia kuenzi lugha yetu hawana budi kutengwa na nyanja mbali mabli za habari kwani kwa kutumia lugha za kibepari sambamba na misamiati migumu ni kuwateng walio wengi katika kupata habari ambayo ni haki yao ya msingi.
kuna mambo mengi ningependa kuainisha, lakini kwa kuwa hii si mada mama, bali mchango kufuatia mada yako, ni bora sana tukiwa watendaji badala ya wepesi wa kutoa lawama, "usitupe mawe wakati na wewe unakaa kwenye nyumba ya vioo"
salaam.
Mdau,
Dennis Clyton.
Mashaka (swahili word which means Problems) I right in English because, I am not sure whether you know Kiswahili. Apparently your article in Michuzi about 'paying by Dollars' seems to have many good points, but I know majority of Tanzanians knows Kiswahili, so why you decided to write it in English and not Kiswahili?
ReplyDeleteMashaka nashukuru sana kwa jinsi ambavyo unajitolea hasa katika kuchambua mambo ya nchi yetu na kwa walio wengi ambao hawaoni hili.Nachoweza kusema,nasikitika sana mpaka nahis machozi kama vile yananitoka.i love this country,inauma kuona ni jinsi gani viongozi wanachofanya maofisi na hakionekani.Tanzania iko pale pale kwa miaka yote,hizo studies wanazotoa kutuambia kwamba tunafanya vyema katika uchumi wala sio za kweli.Watanzania tunadanganyika kwakweli.Nachoweza kusema tumekwisha,ninachoomba Mungu tu atusaidie na atuokoe...maana janga ni kubwa.Juzi tu,nilkuwa na rafki yangu ambaye ni Rwandese,tulikuwa tunaongea mambo mengi tu,akaniambia tsh ni moja ya currency ambayo iko chini EA nzima.Ukiangalia sis tumali nyingi kupita wote KENYANS,UG,BUR,na hata RUAnda.Rusha imekithiri na hata kama ni rushwa?mbona Nigeria currency yake sio mbaya sana pamoja wao ni wala rushwa wakubwa Africa?sijui tunaend wapi,sijui.
ReplyDeleteIla nachoweza kusema nashukuru kwa kufumbua watu macho na watu waweze kuamka na kujitambua.
Mungu akubarki sana Mashaka.
NAWAKILISHA.....PHD ECONOMY!
ReplyDeleteI AM NSHIMIMANA AKA DUMISANE I AM THE PEOPLE OF TANZANIA KNOWN MUCH MORE IN BURUNDI AND RWANDA OTHERWISE I AM TANZANIA BY BIRTH CERTIFICATE BORN ULIYANKURU TABORA CAPITAL. I AM SUPPOSED TO TELL JOHN MASHAKA HAVE PURE DIALOGUE ABOUT ECONOMY OF THIS GENERATION OF TODAY BUT LUCK NUMBER OF MANY PROBLEMS WE ARE FACING THIS COUNTRY WE CAN NOT AFFORD PEOPLE LIKE SOKOINE OTHERWISE NYERERE THEY LOST OUR COUNTRY DIRECTION. THEY MADE US POOR AND THE ONLY WAY TO BOOST MOTHER ECONOMY OR WHETHER TO MARGINALIZE SPONTANEOUS ECONOMIC POWER GENERATION IS TO AVOID CORRUPTION OF CHOICE. MASHAKA HAVE THICK POINT BUT HE CAN NOT EXPLAIN WHY WE GET INTO THIS MESS. NYERERE AND SOKOINE MADE ALL THESE CORRUPTION INDIVIDUAL IN OUR COUNTRY HISTORY THEREFORE BY THE WAY WHY DO YOU THINK THESE INDIVIDUAL CAN BE TRUSTED IN TODAYS ECONOMY AS FAR AS GLOBAL WARMING IS CONCERNED? WE NEED TO SPEND LIKE HELL IN ORDER TO BOOST OUR PURE AND COMPETITIVE ECONOMY BUT AT THE SAME TIME SAVINGS IN PERSONAL FUND IS WELCOME. WE NEED TO WORK HARD TO REVIVE OUR INDUSTRIES LIKE BP ESSO AND MWATEX SUKITA AND HOWEVER BIASHARA CONSUMER. MASHAKA YOU FIT TO TEACH ECONIMICS IN HIGH SCHOOL SO THAT FUTURE KIDS AND BABY BOOMERS CAN LEAD THIS NATION TO THE LEFT AND STOP CORRUPTING OUR MONEYS TO DOLLAR GENERAL. BUILD MORE SCHOOLS AND INVEST HEAVY IN ECONOMY BACK BONE. THANK YOU AND I WELCOME CHALLENGES AND NOT INSULTING PEOPLE WITH HIGHER EDUCATION LIKE US AND MASHAKA BUT TO BENEFIT EVERY PEOPLE IN OUR SOCIETY AS A WHOLE. GOD BLESS THE YOUNG NATION OF TANZANIA. IAM SENDING REGARD TO ALL MAN KIND THAT AT LAST OUR NATION HAS PREVAILED THE CRISIS OF RECCESSION BROUGHT IN TERMS OF COLONISATION AND TSUNAMI EVERY WHERE ON ON WORLD.
Kaka Michuzi tafadhali usiiminye.
ReplyDeletesamahani si kawaida yangu kuandika kwa hasira ifuatavyo.
Fikiri Mtu mzima na akili zake anaandika eti
"John Mashaka, you are aprophet for Tanzania, allow me not to glorify u but to describe you in a very simple way.
1. Your feet is made of titanium
2. your chest is made of gold
3. your head is made of pearl"
Jamani mtu ambaye maandishi kama haya na mengine mengi yanaandikwa juu yake naye anakaa kimya ama kwa kuvimba kichwa au kwa kuwa amejiandikia mwenyewe ni hatari kwa usalama wa Taifa letu.
Nimefuatilia kwa makini maandishi na hata kila wakati kuambiwa misaada anayotoa sasa nimehakikisha kuwa HUYU NI MTU WA KUTAFUTA UMAARUFU KUPITIA BLOGU.
Ngd Mashaka badilika. Kwanza andika kwa Kiswahili kama unakusudia Watanzania wengi wakuelewe. Pili acha mambo ya kujiandikia maoni kama vile: "oh! wewe ni nabii", au "nakupenda nikupateje" au "huyu ana fedha nyingi sana"- sijui akina Bill Gates, Carlos Slim,Ingvar Kamprad waitweje? Mara eti unajua kiingereza kuliko rais wetu-upuuzi mtupu!
Mtu huyu hawezi kutumia blogu hii kwa kuibuka na mada ambazo zina mapungufu makubwa katika jamii ya Wachumi wazamivu kwa kuibuka na viingereza nya kuvuta misamiati ya kuokoteleza na kupiga vipicha eti anatoa misaada kiasi hata cha kusababisha kulinganishwa na Amiri Jeshi Mkuu wa nchi yangu bila kurekebishwa.
Mashaka kama kweli uko serious, I do invite you to forward your articles and discussions in our International Jnl of Finance & Econ or elswhere e.g. Jnl of Financial Econometrics,Jnl of Risk Finances Information, The Electronic Triannual Econ Jnl, Jnl of Monetary Econ etc
Kanuni ya dhahabu juu ya utoaji Msaada:
Ukiona mtu au asasi inatoa msaada na kupenda kutangazwa / kujitangaza kwa kusifiwa jua msaada huo una ndoano ambayo gharama yake yaweza kuwa kilio cha heri nisingepokea msaada!
Mashaka ,artical yako ni nzuri ila HUNA JIPYA katika hilo,swala ni waTanzania tusiongee ila tutende kwa kutoa matangazo ,vipeperushi,sms to the citizenry ili tugome kulipia kwa dola.
ReplyDeletecan u mashaka be our president next please! the counrty need someone like you!
ReplyDeleteI join Mashaka kusema kuwa matumizi ya dola yawe kwa watalii tu. For example sisi tunalipa kodi kwa dola (mjasiriamali mwenye duka hapo Mlimani City Mall na Mayfair Plaza). Cha kusikitisha ni kuwa bidhaa tunawauzia wateja kwa Tanzanian shillings na kisha kuzibadilisha kwa dola ili tuweze kulipa kodi kwa dola za kimarekani. Serikali haioni kuwa wanaoumia ni walaji? Kwa nini wasiweke sera ya kuwawezesha wawekezaji hapa Tanzania kupokea malipo katika fedha zetu wajameni?!
ReplyDeleteMr. President 2015, Nabii Yohana Mashaka
ReplyDeleteMASHAKA IS ONE OF THOSE PEOPLE WHO BRING BAD LUCK TO TANZANIA BY BEING SO VOCAL ON THE ECONOMIC OUTLOOK OF OUT COUNTRY.
ReplyDeleteANAPENDA SANA AITWE RAIS NA WAFUASI WAKE WAKALI KAMA NYUKI. UKIMCHOKOZA TU MASHAKA, WATAANZA KUKUTAFUNA HADI NGOZI, MIJITU MINGINE BWANA, UTAZANIA MASHAKA ANAWALISHAGA PILIPILI
HAYA BWANA MASHAKA KAANZISHE DHEHEBU LAKO, ILA UJUE US-BULOGA YUKO NYUMA YAKO. MIMI NAHISI US-BULOGA NI MICHUZI MWENYEWE KWA MAANA ANAANDIKA UPUUZI LAKINI MICHUZI WALA HAMZUIII
JAMAA CHOKA MBAYA LAKINI MAJIGAMBO YAKE,UTAZANIA KWAMBA YEYE NDO MMILIKI WA UINGEREZA, HETI GRADUATE WA OKSFODI?????
US-BLOGGER)
ReplyDelete@Econometricians, Japan mdau huko wapi, nikutumie hata $500 kwani watu kama wewe ndo tunaowahitaji, weka commenti nyingi za kumashifu huyu nabii feki ili aachage kuandika upuuzi wake.
Wadau natoa Zawadi ya $1,000 kwa yeyote atakayejitolea kumkanyaga mashaka, kwa maana yeye na Michuzi wote wamekuwa mafisadi
Baada ya hiyo $1000, pia nitaoa likizo ya Mwezi kwenda Dubai, kwenye Penthouse yangu bure bila malipo, nauli juu yangu pia
Kama una uo uwezo na untaka hiyo $$$$ basi weka article ya kumshushua Mashaka Nabii wa uongo na Mesiah wa Siku Zamwisho, hana lolote
Dr. US-Blogger
PhD OXFord Univesrsity
Economics Department
hatakuwa raisi hata aandike kijapani kwanini kila siku unaleta viinglishi vyako humu ndani wakati asilimia sabini kikanumaba is not richabo ulikuja bongo umejionea mwenyewe acha unafiki mbilikimo wewe ukitaka mambo yabadilike nenda kaishi bongo gombea ubunge ukishaupata ubunge ndo upeleke sera zako bungeni tena kwa kiswahili saafi ili wananchi wa kijiji cahako watakaokupa kura waweze kukuelewa bishoo wewe huko bungeni ujumbe ndo utafikia watanzania woooote na sio kujishebedua humu ndani alah!!
ReplyDeleteUs blogger is the man. Mashaka is just another opportunity trying to be a minister by brainwashing good tanzanians
ReplyDeleteUS Blogger is from Oxford and mashaka is from Muzumbe eapi na wapi wajameni. Hana lolote kabisa mm naanza kususia haya makala ya mashaka. Hata kinje anajua kiingeleza kumliko
... great debate. What you see now is just a smoke of real fierce fire. But am skeptical on your suggestions to move to regulated/controlled economy. I think we should work intelligently with the market forces. Be ready to beat the giants in the world economy. Can we?
ReplyDeleteI am not an expert on money markets issues however,I could stress pro and cons of official dollarization.
ReplyDeleteThe higher exchange rate for the domestic currency will elevate import prices and dumpen export competativeness and vice versa.
Ask why China is severely reluctant to appreciate YUAN and USA are adamantly unimpressed.The rise of CHIMERICA and abandunt credits borrowed from China and the eventual emergence of derivative products.....(NINJA loans)....Teaser rates.....
Goverments need to supress common risks of currency volatility and transaction costs economics.Therefore ensuring sustainable exchange rates stability.
Benefits of dollarization are economical and in general,reduction of transaction costs in the sense of reducing administrative expenses.how?
This is enabled through redundancies of BOT infrastructures that are dedicated for national money.Base interest rates settings.......,centrolling inflation and deflation......
Establishment of credible financial sector ie intergration with united states(USA).Domestic institutions(CRDB etc)will have to provide VFM services.
Tanzania will benefit from low inflation,fiscal responsibilty and stability and transparency.Could you assess the transformations in Zimbambwe by the adaption of foreign currencies.is not the same couple of month ago.
Moreover,there are benefits for local borrowers in terms of reduction of interest rates(JK Billions..).Dollar is well established and US federal reserve policy could become country's policy.The lower the interest rates the higher level of domestic investments and future economic growth.
Furthermore,the higher the risks of default and devaluation,the higher the premiums the goverment through (EPA)has to pay if borrowing in capital markets.Dollarization could surpress devaluatin risks but indirectly affect default risks.
So Kaka Mashaka,there are economic benefits of official dollarization.(disadvantages)The issues on the article you are pretty well concerned are merely political.how?
Forfeiture of national monetary autonomy,loses of powerful symbol of national identity.
I mean an official dollarised Tanzania(unlikely) can no longer exercise unilateral control over its money supply in that all processes will be reserved for US federal reserve in which Tanzania could be/is going to be sidelined in monetary policy decisions.
Note,preservation of national currency is of paramount importance to hedge against risks.This is on the part of seigniorage which is marginal source of revenue for a goverment.
Please,ensure that the heading specifiacally differentiate between official dollarization to the roles of money markets(FOREX).
The supply and demand of money in the economy including the levels of goverment borrowing,Market expectations as revealed by forward rates on the money market does drive interest rates.so which currecy edges the other?
The article has numerous issues that need addressed.
Mdau ( John ) UK
daskim@hotmail.com
Ndugu mashaka, nimefurahishwa na hii article. Sina cha kuongezea, ila ningependa kuwapa wasomaji kuwa makamu wa Mashaka Dr shayo yupo Tanzania. Sasa kama ni mgawanyo wa hawa jamaa wanavyofanya kazi bado kujua, lakini hawa jamaa wanastrategy kali sana.
ReplyDeleteDr shayo juzi alionekana akikabidhi gari la wagonjwa huko vunjo. vyanzo vyetu viaashiria anajipanga.
Wazameni, wahenga walisema "kimya kingi kina mshindo"
Hongerani vijana wetu, hamtakuwa rais na makamu wake, ila mchango wenu unasaidia kuwapa vijana wenzenu mwamko wa kujiamini.
Mungu mbariki mashaka
mungu mbariki dr shayo
mungu ibariki Tanzania
Mashaka for president 2015!
ReplyDeleteMshiminimanama Aka Dumisane for PM 2015!
Mr mashaka much thks 4 ya article, its a brilliant work lakini nafikili unasahau kuwa biashara haziendi hivyo. Strategy in business is very important, these people who are demanding payment in foreign currency are using this to minimize the external forces in business. hawa watu wananunua service in foreign currency in order to sell to our brothers and sister in our country. Most of the product are not fast moving items, wananunua kwa wingi (high volume) na kuuza kwa watanzania ambao tunanunua kwa leja leja (most of us). sasa kama leo umechange 1 dollar kwa 1200 Tsh na ukanunua bidhaa zako na kesho yake unakuta dollar imepanda na unakuta 1 dollar ni sawa na 1250tsh na wewe umekwisha nunua bidhaa zako kwa kutumia exchange rate ya 1200tsh unafikili utafanyanya nini? (sorry guy's this is just example sijui dollar na tsh kwa sasa ni kiasi gani, i'm not in the country). Sasa kwa sababu hii tatizo ni kubwa sana nchini kwetu ndiyo maana wafanyabiashara wengi wanachukua strategy ya kudai malipo kwa dollar.
ReplyDeleteMr Mashaka what u can do is to start thinking on how central bank can brovide stability on our currency to make sure our business man and women are not taking this measure. These people are trying to protect their investment, I'm sure if u ever been in a strategic management level which require to take a strategic decision to protect investment u will undertand this matter.
I'm glad u have open this matter coz we need to stabilize our currency or in long run the effect will be un emerginable.
Pls Mashaka don't be desapointed na wanaokuponda tumetoka mbali na tunakokwenda ni mbali na siku moja tutafika, hata nabii hakukubalika nyumbani kwao, mada kama hizi zingekuwa zinaandikwa na wazungu watu wangezikubali sana lakini kwa kuwa ni mzawa basi shida tupu, keep up man, we will get there on day. Ta, mdau Reading Uk.
Waungwana mimi nipo katika kundi la Kanumba.Nimepata elimu ya msingi shule ya msingi Msondongoma.Sekondari nikaenda ya wazazi,kisha nikaenda sekondari ya juu ya bweni ya uji wa mchanganyiko wa dona na maji.Mbongo halisi.
ReplyDeleteMadhumuni ya kutoa maoni yangu hapa ni;
1.Kumuunga mkono Mashaka katika kipengele kimoja tu cha makala yake,nacho ni suala la matumizi ya Dala ya Kimarekani katika ulipiaji wa huduma na bidhaa ndani ya nchi yetu.Hili linafaa kufanyiwa kampeni kubwa ya kutokomezwa kwani lina madhara makubwa kwa uchumi wetu na pia linatupotezea sifa na haki ya kujivunia kama taifa huru kwani fedha ni moja kati ya alama ya taifa.
Lakini nikiachana na hilo ninatoa wito kwa watanzania wenzangu kuwa tuienzi,tuithamini, na tuitumie lugha yetu adhimu ya kiswahili.Sipingi kujifunza na kutumia lugha za wenzetu lakini naweka mkazo katika kutumia lugha yetu wenyewe.
HIVI SASA IMEKUWA NI AIBU KWAMBA WATANZANIA WENGI TUMEKUWA HATUWEZI KUONGEA KISWAHILI KILICHONYOOKA NA KUTUMIA MISAMIATI YA KISWAHILI KWA UFASAHA.Sababu ni tumekuwa mambumbumbu wa misamiati ya lugha yetu.Matokeo ya tunababaisha kwa kuchomekea kusiko maneno ya kiingereza.Mwisho wa siku ni kuwa kujieleza kwa kiingereza hatujui,wala kwa kiswahili hatuwezi.
Mwisho ningependa kutoa ushauri kwa Mashaka na wenzangu wengine tuliofumbuliwa macho na elimu tuliyoipata kuwa;
Twendeni katika shina tukawasaidie ndugu zetu kuupiga vita umasikini badala ya kuishia kupeana sifa za maiti mitandaoni na katika makongamano.Tuanzisheni utamaduni wa kujitolea kwa makundi sehemu ya muda wetu na tutumie pesa zetu kwenda vijijini kutoa sehemu ya ujuzi wetu kwa Watanzania wenzetu wenye nia na baadhi ya nyenzo lakini wakikosa muongozo wa jinsi ya kutumia rasilimali walizonazo.
Swala la kutafuta umaarufu wa siasa unatupa hisia kuwa ni walewale wanaowekeza mitaji yao kisha waje kujilipa.Tutakuamini vipi kwamba wewe siye.Wote waliopita walikuja na ahadi kemkemuna maneno matamu lakini mwisho wa siku wametutelekeza.Kanuni rahisi ya fedha na uchumi inatuongoza kuwa hakuna pesa inayotolewa bila kuhitaji mrejesho.
SAMAHANI KWA MAONNI MAREFU.
Jamani mi naomba Kanumba anitafsrie huyu John Mashaka kasema nini manake nimepita wima mai kidhungu is ze ugokoz.Nikinyaka jamaa kasema nini nitatoa ze solution A to Z manake nina idea na data za kumwaga tatizo lugha.
ReplyDeleteMr.Pelepele.
Mashaka, nadhani una malengo mema kuwasilisha hpja zako kwa watanzania wenzio kwa yale unayoyaona yanaenda kinyume na matarajio ya uc humi wetu.Muhimu kama wengine walivyokushauri ni muhimu ujue unawasilianana unawaambia akina nani?
ReplyDeleteKwa taarifa nikuambie kuwa wasomao susi zako ni watu ambao kwa asilimia kubwa wapo nje ya nchi ambako ni rahisi ku-access huduma za computer na internet.Kwa hiyo ujue kuwa yote unayoyaandika hayawagusi hata kidogo maana wapo mbali mno na uhalisi wa mambo na ndiyo maana wengi wapo kukushabikia hata hawajui wanashabikia nini kinachowakeleketa zaidi.
Jambo lingine nimegundua ndugu Mashaka ni kwamba wewe inaelekea huna uzalendo hasa wa nchi yako na utamaduni wako.Kila nikisoma susi zako huwa watu wamekuomba sana uandike kwa lugha ya Kiswahili ili wengi wapate kusoma na kuelewa unachotaka kuwaambia watanzania wenzio.Lakini hujapenda hata kidogo na hiyo inaonyesha kuwa aidha lugha ya kiingereza unayopenda kuitumia una-kuku mahali na ndiyo maana unaandika hata maneno mengine(misamiati) haipo hata katika sanifu ya kiingereza sijui unayapata wapi hata katika terms za uchumi hayapo.Inawezekana unaitumia hii lugha ili uonekane unajua sana mambo maana katika ulimwengu wa leo hasa katika nchi yetu ya Tanzania mtu anayeongea au kuandika kiinglishi ndiye anaitwa msomi.
Naungana na wachangiaji wengi waliokushauri kuandika kwa lugha ya kiingereza ili tukuone kama kweli unatumia mawazo yako hasa bila kutumia honda za watu.Anonymous wa oct 19,03:35:00am amekushauri vizuri sana kama una masikio a kusikilizia.Lakini kama unataka umaarufu wa kusifiwa na wapambe wako basi endelea utakavyo ila elewa watakupeleka shimoni. Siku hizi kila mtu mjanja.
Watanzania ni watu wenye akili finyu sana.
ReplyDeleteHuyu Mashaka ametuita sisi wawekezaji mafisadi kwa kuwa tunataka tulipwe kwa dola na yeye anataka madafu.
Mbona yeye analeta viandishi vyake uchwara kwa Kingereza na sio Kiswahili kama sio unafiki na kutuonea wivu sisi wawekezaji?
US Blogger
mashaka una mawazo mazuri sana, na nina sikitika kusoma maoni mengine, hasa kutoka kwa ndugu zetu ambao wamepoteza upeko, hawajui wanakokwenda na wanakotoka. aliyoyaandika mashaka ni ya kweli na niya kusisimua. yanavutia sana, na hi ni wivu fulani unaowakasumbua wenzetu walio wengi. kwa ushauri wa bure, bwana mashaka, watanzania siyo watu wa kushaurika, nadhani itakuwa vyema sana ukifanya kazi yako ukabakia huko marekani kuliko kusumbuana na watu wasio na muelekeo. Na pia lazima ukumbuke kwamba, serikali za Africa hazipendi na wala hazifurahii watu wenye upeo kama wako. Wengi wa watu kama hawa, huonekana kama vile wapinzani au watu hatari kwenye utawala.Ingawa wengi wanakuunga mkono, nadhani itakuwa vyema ukifanya shuguli zako huko marekani ukabakia huko huko. Hakuna unachokuja kutafuta tanzania. Elimu unayo na uwezo wa kifikra unao. ila sitaki kukukatiza tamaa, ni ushauri wangu tu
ReplyDeletePegging? $$ as reserve currency is not a great idea for any country. China knows better!!!
ReplyDeleteMashaka, your article is very good but I am afraid you're blowing these dollarization thing out of proportion. The mere use of a foreign currency in ONLY some places does not mean dollarized. And if I take your definition of the term, I see you're taking this things too far. We can not resist the use dollars and euros IN SOME PLACES because of its strength vis a vis our currency.
ReplyDeleteI support Econometrician for his opinion about Mashaka. I find it difficult why Mashaka is praised that much to teh extent of being regarded as our future president, a prophet or somebody made of gold, diamond, titanium etc etc. No that is impossible. There must be something wrong here.
ReplyDeletembona commenters wengi ni wakazi wa Oslo, Canada,UK, Oxford... hivi mna uchungu gani na nchi yetu?
ReplyDeleteMbona kodi zenu mnalipa nchi zenye maendeleo? mnategemea nchi yenu ijengwe na nani?
mnatoa wapi ujasiri wa kumkosoa mzazi wako kwa umasikini wake kama we mwenyewe humsaidii?
KWA WALA AMBAO HAWAJUAGI, NABII MTAKATIFU YOHANA MASHAKA NI GRADUATES WA MUZUMBE UNIVESITY YA CHUO KIKUU CHA KULE MULOGOLO. MESIAH YAOHANA MASHAKA NI MUTU MAKINI SANA NDIO MAANA WADAU HASA WANAOLOPOKA KAMA US-BULOGA WANAMUONEA WIVU NA WAMEPATWA NA UGONJWA FULANI UNAOITWA MASHAKAMANIA AMBAO UNAWASUMBUA SANA VICHWA VYA WATU. ANAYOYASEMA MASHAKA NI YA KAWAIDA KWA MAANA WATU WA MUZUMBE NI WATU MAKINI SANA, SI MNAONGAGA NIKITOA MAWAZO YANGU KILA MTU ANAKIMBILIA KUZISOMA, KWA MAANA MNAJUAGA KWAMBA MIMI NI KICHWA. ILA MM NINAMCHALENJI NABII MESIAH KUJA BUNGENI TUKUTANE, KWANI HATA NA MIMI PIA NAENDA KUGOMBEA UBUNGE KUPITIA KITI CHA CHALINZE AMBAKO JK PIA ATAGOMBEA. I AM LEANING THE COMRADE OF THE 21 SENCHARI, AND I AM GOOD POLITICS TO BE THE PRESIDENT OF TANZANIA AND ZANZIBAR, AND MR. PROPHET, MESIAH YOHANNA MASHAKA TO BE MY PRAIMINISTA OF TANZANIA AND DR. SHAYO NO BE MY BIGDOKTA AT THE IKULU. AND ROSTAM AZIZ TO BE MNISTA OF FINANS BEKAUZ HE IS ALREADY RECHING WITH BILLIONAIR IN TANZANIA. ASNATE SANA KAKA MICHUZI KUNIPA NAFASI YA KUCHANGIA. MASHAKA HACHANAGA NA US-BULOGA, NI MUTU FULANI MWENYE WIVU WA KIKE, NA UVUTAGA BANGI KABLA YA KUCHANGIA, KWA HYO USISHANGAE SANA
ReplyDeletekitu ambacho nampendea mashaka ni kwamba, anajua kuanzisha mada ambazo zinachokoza fikra. nadhani mabishano mengi humu ndani zinakuwa ni za wivu lakini anayoyazungumzia mashaka ni ya kweli kabisa na na mnakubaliana nayo. sidhani kuna mtu mwenye akili timamu anayeweza kubishia anayoyasema bwana mashaka , unless ni watu wenye wivu ambao pia nimewasoma humu ndani ya comments
ReplyDeletejohn your absolutely right my brother cause this is a reality of fact of what goes around in modern Tz!!
ReplyDeletewell! we offer our full support against this scam in one way or another untill we eradicate this dirty game!!
MUNGU IBARIKI TANZANIA
john .. WASHINGTON D.C
Hapo Bagamoyo mimi nimewekeza $4million.
ReplyDeleteHiyo $4million ya hapo Bagamoyo inaajiri watu 250 directly and indirectly.
Leo Mashaka ananiita mimi fisadi kwa kuwa ninatoza dola.
Yeye hakuwekeza chochote hapo na hakuna aliyempa ajira.
Watanzania walivyo wa ajabu badala ya ku encourage sisi wawekezaji tuwekeze zaidi munamuunga mkono mpiga makelle yasio na faida kwamba sisi ni mafisadi. Yani huyu Mashaka ametumia utaratibu wetu wa kutaka $$ ndio ushahidi wake wa kwamba sisi ni wezi na badala ya kumwambi akapate matibabu ya akili munasema anafaa kuwa Rais.
Kama Mashaka kweli anajua uchumi kwa nini ananikimbia?
Mashaka njoo kwenye debate ili tujadili hoja hii ya kitoto kwa kuangalia ecnomic impact yangu niliyewekeza $4 million na natoza dola na wewe usiyewekeza lolote na unabaki kupiga kelele na kuniita mimi fisadi.
US Blogger
Mashaka blew up this article out of proportion.you have got to raise up your game rather than messing up big time.I am watching you.Dont let me point out theoretical errors and dispropotional message convergence.To anticipate high ranking post in the government,you have got to show competence and intellectual ability.
ReplyDeleteTZ SECRET AGENT.
Ukitaka kujua duniani kuna vituko, weka jina la John Mashaka sehemu yoyote. Hii imekaaje? nimeipata huko jamii forums
ReplyDeleteHOJA:Tumain
"Mashaka anajifurahisha tuu...na kuburudisha watu wake...........analalamika sanaaaaaaaa...vitendo sifuri...wale waleeeeeeeee macelebriti ..come to the real game...siyo blah blah za JF
JIBU" Ndjabu Da Dude
Wacha wivu wewe...kuandika angalau paragraph moja tu ya Kiingereza sahihi huwezi. Kiarabu ulichokariria aya za Kurani madrassah nacho huelewi. Hata Kiswahili ni kile cha misheni tauni.
Jamani wabongo NUKSI.
US-Blogger
ReplyDeleteMichuzi wewe ni ndumi la kuwili kweli. kwa nini unampendelea mashaka sana, article zake zisizokuwa na tija unabindika kila mara. mimi zangu kutoka Oxford unabania bwana hacha ufisadi
Mimi naajiri watu 2,000 tanzania, mashaka hana hata mtu mmoja wa kuhajiri matokeo yake analalamika na wewe unampa nafasi kuzidi kurubuni watu ili apate uwaziri???
US-Blogger
Hi Michuzi bloggers,
ReplyDeleteThis is very interested article and yes not new at all(only presentation that differs), the late Governour Balali did bring this up but unfortunately as some have mentioned it, this is too big, we need young patriotic brilliant leaders to overcome this catastrophic, yes our country is very blessed country but without good leadreshipp blah blah…. I mean nothing is new here only different expression and mostly the language.
My advise is what has to be done to finish all this problems!!
Patria o muerte land o die!!!
then we can solve this.
We can not solve this by talking!!!!or stay quite
finnaly, was a brilliant presented article, never been reading John's articles with this i will see my self to it.
Mzee wa mwanza
mzee wa mwanza kajifunze kiingereza,grammar,spellings,punctuation....
ReplyDeletenyie watu akili zenu fyatu, yaani mambo mazuri kama haya wengine wanadiriki kukandya? mna mashetani. Ngojeni mafisadi yaendelee, alafu huyu US-Buloga na TZ secret agent ni kama mtu mmoja mwenye wivu kweli???? mbona chuki binafsi ndugu zetu,, mshindwe
ReplyDeletemdau, malasya
hawa watu wnaokanumba na kunyonga kiingereza, ni kheri waandike kwa kiswahili. Mzee wa MWANZA. Bwana unaiua lugha kweli kweli, ungetumia kiswahili. anyway nikirudi kuchangia mada ya John Mashaka, Honestly, this is a good article, and wonder why someone sane would leave the kind of comments I am reading here. Ndugu amezungumzia taifa letu, lakini naona mambo binafsi, kulikoni?
ReplyDelete