Midas Touch
Senior Member
- Jan 23, 2008
- 189
- 201
THIS THREAD CAN BE WELL UNDERSTOOD IF THE ORIGINAL DOCUMENT ATTACHED HEREWITH CAN BE PERUSED.
Before he died, President Magufuli stood upright in the crowd of the global prominent leaders as the welfare president of the 21st Century. As for the implementation of the Chama cha Mapinduzi (CCM) Party Manifesto since 2015, there was no stone unturned to the realization of the economic performance up to the middle class economy as narrated by the Britton Woods Institutions in the year 2020. For the past six years, many projects have been effected in Tanzania as public goods for the welfare of the citizen hence the avenue towards the welfare statism by the welfare stateman that is the late John Pombe Magufuli. In economics, a public good is a good that is both non-excludable and non-rivalrous. For such utilities, users cannot be barred from accessing and/or using them for failing to pay for them. Also, use by one person neither prevents access of other people nor does it reduce availability to others. Free education, water, extensive roads, bridges, buses and railway terminals, Standard Gauge Railways (SGRs), Multimillions Power projects, natural gas production and distribution, markets and the modern highway interchanges in Dar es salaam to mention only a few, all that as an avenue towards the welfare state.
To be rhetorical but much more logical, the art of building the economy in Tanzania towards the welfare state of the middle class economy is neither the sole responsibility of the president nor the sole responsibility of the politicians and the bureaucrats but all the citizens at different angles that includes the Public Intellectuals and I am of no exception. Tanzania has many public intellectuals but the problem is that they are left behind by the mainstream bureaucracy and for that reason they are ignored and abandoned. Public Intellectual as applied in this discourse describes the intellectual participating in the public-affairs of society, in addition to an academic career. Regardless of the academic field or the professional expertise, the public intellectual addresses and responds to the normative and positive morality problems of society, and, as such, is expected to be an impartial critique who can rise above the partial preoccupation of one’s own profession — and engage with the local and the global issues of positive morality, truthiness, judgment, and taste of the time.
Potential businesses failure before they get started at the Magufuli Bus Terminal
With statistical viewpoint, I have a constitutional right and responsibility to air my views in line with section 18 of the Constitution of the United Republic of Tanzania. In which case, I cannot comprehend the takeoff of businesses at the bus terminal because of the illusory plan in place that will ultimately get the local small and medium entrepreneurs (SMEs) in replacement with the big-potatoes in the economy in a corrupt style. Most of the SMEs economies have their entrepreneurs with “from hand to mouth” economies that are below subsistence in which case, their marginal propensity to save and invest are not favorable. And for that matter, I will be giving my opinions and contributing to what the late President Magufuli on the inauguration day pledged to the small businesses fraternity. With my own translation in one sentence, this is what the president had to say, “These Machingas, Mama and Baba Lishe and the small traders of the like voted for me, as long as the bus terminal was given my name I will never get them forsaken”. As quoted in Kiswahili, this is what the late President had to say:
“Nimeshangaa Jafo kuandika Stand hii ya Mbezi Luis kwa jina langu maana angeweza kuandika Jafo Stand, sifurahii sana majina yangu kutumika kwasababu naogopa kitu kimoja, mnaweza kuandika jina langu halafu Wananchi masikini Wamachinga n.k, wakawa wananyanyaswa hapa.
Mimi nilichaguliwa na Wananchi hawa wanyonge lakini mara nyingi vitu hivi vizuri vikikamilika Wamachinga wanafukuzwa, Watu wa kawaida wanafukuzwa, nitaumia sana kama Wananchi hawa wanyonge watakuwa wanafukuzwa halafu mmeandika Stand ya Magufuli. Mkiwafukuza Wamachinga na wale wengine wa kati hapa wakati Stand imeandikwa Stand ya Magufuli itaonesha Magufuli ndiye anawafukuza, sitokubali, nikueleze Waziri Jafo inawezekana umejichongea kwa kuiita Stand hii Magufuli, nataka yafanyike ambayo Mimi Magufuli nataka”.
With the current illusory business plan in place, there is no way that the ones who have been selected to do businesses inside the bus terminal premises will ever perform in line with the illusory tendering mechanism designed by TAMISEM dubbed pangisha@tamisemi.go.tz and celebrated by the ousted Dare as salaam City Council (DCC) on the inauguration day by President Magufuli. Actually, I never had seen the president firing the technocrats in such a lenient fashion. Walifukuzwa kazi kistaarabu sana, a city resident was quoted as saying. In simple analysis of facts, I came to reason and concluded that the DCC technocrats had their plans in regard to the bus terminal diametrically illusory for the best reasons known to them. At one time they kept on shouting that the completion and ready for takeoff of the bus terminal was beyond 90% but it was not actually true up to this time around. With simple conventional evaluation, the bus terminal is up to one year period of time before it is fully completed and being fully operational. Technocrats are the personnel who exercise governmental authority because of their knowledge and sometimes member of a powerful technical elite and or someone who advocates the supremacy of technical experts. But sometimes the technocrats perform under the influence of corruption to the extent that their morality vacates while they make paramount decisions.
If we can take a simple mental somersault to the descriptive and inferential statistics about the current plan in place about that bus terminal, we can find some miraculous and impossibilities of businesses that are very hard to comprehend by sensible mind.
Miracles and businesses impossibilities at the bus terminal:
1. So far, only 200 formal businesses in place to start businesses in an unknown date and time following the very competitive tendering exercise carried in November 2020. Furthermore, there are some 5000+ Mama & Baba lishe and the Machingas anticipating business premises in and around the bus terminal.
2. All the 200 businesses were supposed to bank three month cash money in the bank by December 7, 2020. The highest rent is 36,028,200/- per month hence, this business person was supposed to deposit Tshs 108,084,600/- for the business that is yet to take place quarter a year later with bank interest. If this money was a bank loan with interest rate of about 20% it implies that some Tsh. 5,000,000/- could have had been accrued for the bank in form of interest.
3. The Dar es salaam City Council planned to collect a cumulative monthly rent of about Tshs 588,257,283/- equivalent to Tshs 19,608,576.1/- daily
4. The highest rent per square meter (m2) per month is Tshs. 1,115,000/-
5. The lowest rent per square meter (m2) per month is Tshs. 40,050/-
6. The range (highest – lowest) monthly rent per square meter (m2) is Tshs. 1,074,950/-
7. The average rent per square meter (m2) per month is Tshs. 72,355/-
8. The highest business (Duka la vinywaji 86.6 m2) rent per month is Tshs. 36,028,200
9. The lowest business (vending machine 2.5m2) rent per month is Tshs 100,125/-
10. The range (highest – lowest) monthly business rent is Tshs. 35,928,075/=
11. The average monthly rent per business is Tshs 2,941,286.42
14. Banking space: The maximum rent per square meter (m2) = Tshs. 40,050/- for 196m2 with monthly rent of Tshs. 7,873,830 equivalent to Tsh. 262,461/- daily. Establishing a new bank branch is diametrically expensive, up to Tsh 4 billion. Banks may opt for agents using mobile phones.
15. Bus tickets: The maximum rent per square meter (m2) = Tshs. 55,150/- with monthly rent of Tshs. 1,047,860/ for 19m2 equivalent to Tshs. 35,000/- daily. This is far expensive than the neighborhood business premises at Mbezi Louis. The bus owners already have opted to establish their marketing and ticketing outside the bus terminal even after the introduction of the Electronic ticketing. Many bus ticketing offices have mushroomed all around Mbezi Louis suburbia as a clear defection to the Magufuli Bus Terminal illusory plan in place that will never takeoff.
Wherefore, with the simple narration of statistical facts above that are transparent it is obvious that the takeoff of the businesses inside the Magufuli Bus Terminal is not viable hence illusory. Rent moderation is only a solution that is imperative. Take for instance, the highest rented business per month is the one with an area of 86.6m2 rented for Tsh, 447,000/- per m2 with monthly rent of Tsh 36,028,200 equivalent to Tsh, 1,201,000 daily other overheads untouched. Other things being equal, this business is impossible per excellence hence illusory. It will be hard for an SME entrepreneur taking a bank loan for that. However, a big potato entrepreneur in the economy with his economy beyond subsistence level with higher marginal propensity to save would do the business for some other reasons other than the profit thereof.
A simple Kiosk with 39.7m2 rented for Tsh. 550,000 per m2 with monthly rent of Tsh. 21,670,000/- equivalent to Tsh. 722,000/- daily would be diametrically not viable in simple microeconomics perspective. If we can take a simple mental somersault to the simple definition of microeconomics, we can find that, “Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services. For example, microeconomics examines how a business unit could maximize its production and capacity so that it could lower prices and better compete and perform in that business.
Actually, the rent distribution at the Magufuli Bus Terminal is not realistic as it is diametrically contrary to the macroeconomics at the global perspective. As proved above, the highest rent per square meter (m2) per month at the Magufuli Bus Terminal is Tshs. 1,115,000/- ($482) with GDP per capita of $1,122.12 for the year 2019. For the same year, rent for a one bedroom apartment per month in Dubai was 3,811.40AED equivalent to Tsh. 2,405,631.24/- with GDP per capita of $68,600.00 = Tsh. 157,780,000/-. In Hong Kong, GDP per capita was $64,500/- equivalent to Tsh 19,273,707.58. Apartment with one bedroom cost 12,035.71 HK$ equivalent to Tsh. 3,596,476.82/-. In Kuala Lumpur Malaysia with GDP per capita of $29,100 equivalent to Tsh. 67,461,511.50/-. Apartment with one bedroom in the city center cost 1,889.19 RM = TSH 1,173.70/-. In Beijing China with the GDP per capita of
$18,200/- equivalent to Tsh. 42,199,102.40/-, an apartment with one bedroom outside the center costs Yuen 347.00/- monthly equivalent to Tsh. 123,178.91/-. Renting office space in Manhattan’s World Trade Center would mean working among growing companies such as Moody’s, a business and financial services company; Conde Nast, a magazine publisher; WilmerHale, a law firm; Spotify, a music, podcast, and video streaming service; and MediaMath, a software company in New York City with GDP per capita of $53,240.00- equivalent to Tsh 123,443,967.68. Renting an office in this building will cost $640 equivalent to Tsh. 1,477,760/- per m2 that is slightly higher than the highest rent per m2 at Magufuli Bus Terminal that is Tsh. 1,115,000/-
That being the case therefore, Rent Moderation is the best solution and the one that can do it is the President, Hon. Samia Suluhu Hassan beyond all odds notwithstanding the selection criterion used to get the 200 entrepreneurs. Rent moderation by Hon Samia Suluhu will be a crystal clear indication to honor the Late President John Pombe Magufuli with his promise to the business entrepreneur at the bus terminal on the inauguration day. There is no any place in the global economy that the market economy is left to swing a hundred percent, interventions and regulations are imperative when the going gets tough and that tough get going.
In recent times, there have been some projects of the same standards as that of Magufuli Bust Terminal that could not perform the same way as anticipated and nobody cared to make a critique. Consider the Mchinga Complex in Ilala Dar es salaam that had the worst plan ever. Consider the Mwalimu Nyerere International Airport Terminal 3 that is creeping on the runway, businesses could not takeoff as planned in the illusory plan. The same to the Dodoma Bus Terminal that is creeping on the runway to mention only a few.
Sources of the information discussed in this discourse are from the document designed and signed by the then Director of the dissolved Dar es salaam City Council in December 2020 dubbed; “Majina ya walioshinda zabuni ya upangishaji maeneo ya biashara na utoaji huduma mbalimbali katika Kituo Kikuu cha Mabasi Mbezi Luis 2020”
Before he died, President Magufuli stood upright in the crowd of the global prominent leaders as the welfare president of the 21st Century. As for the implementation of the Chama cha Mapinduzi (CCM) Party Manifesto since 2015, there was no stone unturned to the realization of the economic performance up to the middle class economy as narrated by the Britton Woods Institutions in the year 2020. For the past six years, many projects have been effected in Tanzania as public goods for the welfare of the citizen hence the avenue towards the welfare statism by the welfare stateman that is the late John Pombe Magufuli. In economics, a public good is a good that is both non-excludable and non-rivalrous. For such utilities, users cannot be barred from accessing and/or using them for failing to pay for them. Also, use by one person neither prevents access of other people nor does it reduce availability to others. Free education, water, extensive roads, bridges, buses and railway terminals, Standard Gauge Railways (SGRs), Multimillions Power projects, natural gas production and distribution, markets and the modern highway interchanges in Dar es salaam to mention only a few, all that as an avenue towards the welfare state.
To be rhetorical but much more logical, the art of building the economy in Tanzania towards the welfare state of the middle class economy is neither the sole responsibility of the president nor the sole responsibility of the politicians and the bureaucrats but all the citizens at different angles that includes the Public Intellectuals and I am of no exception. Tanzania has many public intellectuals but the problem is that they are left behind by the mainstream bureaucracy and for that reason they are ignored and abandoned. Public Intellectual as applied in this discourse describes the intellectual participating in the public-affairs of society, in addition to an academic career. Regardless of the academic field or the professional expertise, the public intellectual addresses and responds to the normative and positive morality problems of society, and, as such, is expected to be an impartial critique who can rise above the partial preoccupation of one’s own profession — and engage with the local and the global issues of positive morality, truthiness, judgment, and taste of the time.
Potential businesses failure before they get started at the Magufuli Bus Terminal
With statistical viewpoint, I have a constitutional right and responsibility to air my views in line with section 18 of the Constitution of the United Republic of Tanzania. In which case, I cannot comprehend the takeoff of businesses at the bus terminal because of the illusory plan in place that will ultimately get the local small and medium entrepreneurs (SMEs) in replacement with the big-potatoes in the economy in a corrupt style. Most of the SMEs economies have their entrepreneurs with “from hand to mouth” economies that are below subsistence in which case, their marginal propensity to save and invest are not favorable. And for that matter, I will be giving my opinions and contributing to what the late President Magufuli on the inauguration day pledged to the small businesses fraternity. With my own translation in one sentence, this is what the president had to say, “These Machingas, Mama and Baba Lishe and the small traders of the like voted for me, as long as the bus terminal was given my name I will never get them forsaken”. As quoted in Kiswahili, this is what the late President had to say:
“Nimeshangaa Jafo kuandika Stand hii ya Mbezi Luis kwa jina langu maana angeweza kuandika Jafo Stand, sifurahii sana majina yangu kutumika kwasababu naogopa kitu kimoja, mnaweza kuandika jina langu halafu Wananchi masikini Wamachinga n.k, wakawa wananyanyaswa hapa.
Mimi nilichaguliwa na Wananchi hawa wanyonge lakini mara nyingi vitu hivi vizuri vikikamilika Wamachinga wanafukuzwa, Watu wa kawaida wanafukuzwa, nitaumia sana kama Wananchi hawa wanyonge watakuwa wanafukuzwa halafu mmeandika Stand ya Magufuli. Mkiwafukuza Wamachinga na wale wengine wa kati hapa wakati Stand imeandikwa Stand ya Magufuli itaonesha Magufuli ndiye anawafukuza, sitokubali, nikueleze Waziri Jafo inawezekana umejichongea kwa kuiita Stand hii Magufuli, nataka yafanyike ambayo Mimi Magufuli nataka”.
With the current illusory business plan in place, there is no way that the ones who have been selected to do businesses inside the bus terminal premises will ever perform in line with the illusory tendering mechanism designed by TAMISEM dubbed pangisha@tamisemi.go.tz and celebrated by the ousted Dare as salaam City Council (DCC) on the inauguration day by President Magufuli. Actually, I never had seen the president firing the technocrats in such a lenient fashion. Walifukuzwa kazi kistaarabu sana, a city resident was quoted as saying. In simple analysis of facts, I came to reason and concluded that the DCC technocrats had their plans in regard to the bus terminal diametrically illusory for the best reasons known to them. At one time they kept on shouting that the completion and ready for takeoff of the bus terminal was beyond 90% but it was not actually true up to this time around. With simple conventional evaluation, the bus terminal is up to one year period of time before it is fully completed and being fully operational. Technocrats are the personnel who exercise governmental authority because of their knowledge and sometimes member of a powerful technical elite and or someone who advocates the supremacy of technical experts. But sometimes the technocrats perform under the influence of corruption to the extent that their morality vacates while they make paramount decisions.
If we can take a simple mental somersault to the descriptive and inferential statistics about the current plan in place about that bus terminal, we can find some miraculous and impossibilities of businesses that are very hard to comprehend by sensible mind.
Miracles and businesses impossibilities at the bus terminal:
1. So far, only 200 formal businesses in place to start businesses in an unknown date and time following the very competitive tendering exercise carried in November 2020. Furthermore, there are some 5000+ Mama & Baba lishe and the Machingas anticipating business premises in and around the bus terminal.
2. All the 200 businesses were supposed to bank three month cash money in the bank by December 7, 2020. The highest rent is 36,028,200/- per month hence, this business person was supposed to deposit Tshs 108,084,600/- for the business that is yet to take place quarter a year later with bank interest. If this money was a bank loan with interest rate of about 20% it implies that some Tsh. 5,000,000/- could have had been accrued for the bank in form of interest.
3. The Dar es salaam City Council planned to collect a cumulative monthly rent of about Tshs 588,257,283/- equivalent to Tshs 19,608,576.1/- daily
4. The highest rent per square meter (m2) per month is Tshs. 1,115,000/-
5. The lowest rent per square meter (m2) per month is Tshs. 40,050/-
6. The range (highest – lowest) monthly rent per square meter (m2) is Tshs. 1,074,950/-
7. The average rent per square meter (m2) per month is Tshs. 72,355/-
8. The highest business (Duka la vinywaji 86.6 m2) rent per month is Tshs. 36,028,200
9. The lowest business (vending machine 2.5m2) rent per month is Tshs 100,125/-
10. The range (highest – lowest) monthly business rent is Tshs. 35,928,075/=
11. The average monthly rent per business is Tshs 2,941,286.42
14. Banking space: The maximum rent per square meter (m2) = Tshs. 40,050/- for 196m2 with monthly rent of Tshs. 7,873,830 equivalent to Tsh. 262,461/- daily. Establishing a new bank branch is diametrically expensive, up to Tsh 4 billion. Banks may opt for agents using mobile phones.
15. Bus tickets: The maximum rent per square meter (m2) = Tshs. 55,150/- with monthly rent of Tshs. 1,047,860/ for 19m2 equivalent to Tshs. 35,000/- daily. This is far expensive than the neighborhood business premises at Mbezi Louis. The bus owners already have opted to establish their marketing and ticketing outside the bus terminal even after the introduction of the Electronic ticketing. Many bus ticketing offices have mushroomed all around Mbezi Louis suburbia as a clear defection to the Magufuli Bus Terminal illusory plan in place that will never takeoff.
Wherefore, with the simple narration of statistical facts above that are transparent it is obvious that the takeoff of the businesses inside the Magufuli Bus Terminal is not viable hence illusory. Rent moderation is only a solution that is imperative. Take for instance, the highest rented business per month is the one with an area of 86.6m2 rented for Tsh, 447,000/- per m2 with monthly rent of Tsh 36,028,200 equivalent to Tsh, 1,201,000 daily other overheads untouched. Other things being equal, this business is impossible per excellence hence illusory. It will be hard for an SME entrepreneur taking a bank loan for that. However, a big potato entrepreneur in the economy with his economy beyond subsistence level with higher marginal propensity to save would do the business for some other reasons other than the profit thereof.
A simple Kiosk with 39.7m2 rented for Tsh. 550,000 per m2 with monthly rent of Tsh. 21,670,000/- equivalent to Tsh. 722,000/- daily would be diametrically not viable in simple microeconomics perspective. If we can take a simple mental somersault to the simple definition of microeconomics, we can find that, “Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services. For example, microeconomics examines how a business unit could maximize its production and capacity so that it could lower prices and better compete and perform in that business.
Actually, the rent distribution at the Magufuli Bus Terminal is not realistic as it is diametrically contrary to the macroeconomics at the global perspective. As proved above, the highest rent per square meter (m2) per month at the Magufuli Bus Terminal is Tshs. 1,115,000/- ($482) with GDP per capita of $1,122.12 for the year 2019. For the same year, rent for a one bedroom apartment per month in Dubai was 3,811.40AED equivalent to Tsh. 2,405,631.24/- with GDP per capita of $68,600.00 = Tsh. 157,780,000/-. In Hong Kong, GDP per capita was $64,500/- equivalent to Tsh 19,273,707.58. Apartment with one bedroom cost 12,035.71 HK$ equivalent to Tsh. 3,596,476.82/-. In Kuala Lumpur Malaysia with GDP per capita of $29,100 equivalent to Tsh. 67,461,511.50/-. Apartment with one bedroom in the city center cost 1,889.19 RM = TSH 1,173.70/-. In Beijing China with the GDP per capita of
$18,200/- equivalent to Tsh. 42,199,102.40/-, an apartment with one bedroom outside the center costs Yuen 347.00/- monthly equivalent to Tsh. 123,178.91/-. Renting office space in Manhattan’s World Trade Center would mean working among growing companies such as Moody’s, a business and financial services company; Conde Nast, a magazine publisher; WilmerHale, a law firm; Spotify, a music, podcast, and video streaming service; and MediaMath, a software company in New York City with GDP per capita of $53,240.00- equivalent to Tsh 123,443,967.68. Renting an office in this building will cost $640 equivalent to Tsh. 1,477,760/- per m2 that is slightly higher than the highest rent per m2 at Magufuli Bus Terminal that is Tsh. 1,115,000/-
That being the case therefore, Rent Moderation is the best solution and the one that can do it is the President, Hon. Samia Suluhu Hassan beyond all odds notwithstanding the selection criterion used to get the 200 entrepreneurs. Rent moderation by Hon Samia Suluhu will be a crystal clear indication to honor the Late President John Pombe Magufuli with his promise to the business entrepreneur at the bus terminal on the inauguration day. There is no any place in the global economy that the market economy is left to swing a hundred percent, interventions and regulations are imperative when the going gets tough and that tough get going.
In recent times, there have been some projects of the same standards as that of Magufuli Bust Terminal that could not perform the same way as anticipated and nobody cared to make a critique. Consider the Mchinga Complex in Ilala Dar es salaam that had the worst plan ever. Consider the Mwalimu Nyerere International Airport Terminal 3 that is creeping on the runway, businesses could not takeoff as planned in the illusory plan. The same to the Dodoma Bus Terminal that is creeping on the runway to mention only a few.
Sources of the information discussed in this discourse are from the document designed and signed by the then Director of the dissolved Dar es salaam City Council in December 2020 dubbed; “Majina ya walioshinda zabuni ya upangishaji maeneo ya biashara na utoaji huduma mbalimbali katika Kituo Kikuu cha Mabasi Mbezi Luis 2020”
