Kenya 🇰🇪 Teachers Are The Most Well Paid In East Africa

Image
ANALYSIS By Dorris Otieno Kenyan teachers are not only the best paid in East Africa, but also earn almost 12 times more than the country's average pay, a comparative study by Nation Newsplex and the Institute of Economic Affairs reveals. Even as teachers go on strike for the 12th time since their first industrial action in 1962, the analysis, which compares teachers' salaries in Kenya with those of their peers in select African countries , also finds that the lowest-paid teacher in Kenya earns more than the highest-paid teacher in Uganda. Uganda and South Africa were chosen as countries against which to compare wages of teachers because they have the most up-to-date data against which the comparison could be made. While Tanzania was not included in the comparison because only average pay for the year 2011 was available, even its figures indicated that Kenyan teachers earn more than their Tanzanian counterparts. The highest paid Kenyan teacher earns almost 12 times more than the

Investment Opportunities Available in Real Estate Industry in Tanzania

Investment Opportunities Available in Real Estate Industry in Tanzania

It is projected that half of Tanzania’s 55 million population will have moved to urban centers in the next 20 years, more has to be done in terms of offering more housing loans and constructing homes to meet the ever-growing housing needs.

Dar es Salaam, Tanzania As evidence, the major urban areas, namely Dar es Salaam, Mwanza, Tanga, Arusha, and Mbeya, Dodoma,Tabora and Bukoba continue to experience a rapid population growth, as do dozens of smaller towns and townships.For over three decades, the urban population has been growing faster than the supply of decent living homes for the urban dwellers. 


Accommodation in Dar es Salaam and other cosmopolitan areas is in acute shortage due to, among other reasons, the rapid growth of economic projects, which have attracted a huge population of persons (international and local) with the need of residence. Investors may form a synergy with National Housing Corporation (NHC) or Tanzania Building Agency (TBA) or other private firms and provide commercial building solutions for residential and commercial purposes.

Some specific opportunities in this sector include:

• Development and management of housing estates
• Erection and management of residential apartments
• Development and management of office buildings
• Building and management of conference and banquet facilities
• Creation and management of shopping malls
• Setting up and managing movie theaters and entertainment and recreational facilities
• Development and management of hotels
• Establishment and management of mixed-use real estate properties
• Provision of home financing, etc.

Comments

Popular posts from this blog

LinkedIn: A Social Networking Site for Business People and Professionals To Connect

Investment Opportunities in Integrated Waste Management in Tanzania

The Tanzania Government Invites You To Discover Some Compelling Reasons To Invest.