MAY 2017
19 .
2,582,717 tonnes of cereals and noncereal food items nationwide .” Thanks to this surplus of maize and other cereals recorded mid-last year , the report says Tanzania donated a total of 34,877,690 tonnes of maize to displaced people in South Sudan during 2015 / 2016 . Yet a little over six months later , the country is suffering such a large shortage that the price of maize has more than doubled . What is more shocking is that , according to the report , even the ministry predicted that the country was to continue enjoying surplus harvests for at least the next foreseeable year .“ Based on a reliable rainfall pattern , Tanzania expects to harvest abumper crop in many parts of the country . If this happens , Tanzania will record a three-consecutive year surplus of food crop production .” The future of maize production seemed so bright that the cover story of the Agribusiness Zambia Magazine edition of January – March this year states : ‘ Zambia and Tanzania to post surplus maize again ’ and it also bears an editorial titled ‘ Goodbye El Nino ’ Draught . So promising was the region ’ s maize output that in October of last year , grains . com , the grain and grain processing site , published a report titled , ‘ Maize production soaring in Eastern Africa .’ In it , it acknowledges maize as ‘ the most important cereal crop in the four largest countries of eastern Africa ’ and that despite the drought , the combined production as of 2016 was 17.2 million tonnes and that Ethiopia , Tanzania and Uganda enjoyed a nearly 70 % increase in maize output . 8 Clearly , while the ‘ Little Boy ’ caused his share of havoc , he is not behind the sudden shortage of maize because it is evident that the country had bumper harvest up to the close of last year . Ironically , that is when the prices started to defy gravity . So what happened to all the maize ? To answer that question , we resign ourselves to President Magufuli ’ s assertion : - unscrupulous businessmen are hoarding the grain .
HARD FACTS
Cost of Living Dar es Salaam , for example , is 9.3 % more expensive than Houston , TX for groceries , 84 % more expensive for household costs than Kuala Lumpur , and 38.7 % more expensive for transport costs than Dubai .
Unemployment Unemployment in Tanzania decreased to 10.30 percent in 2014 from 10.70 percent in 2011 . It averaged 11.46 percent from 2001 until 2014 , reaching an all-time high of 12.90 percent in 2001 and a record low of 10.30 percent in 2014 .
Africa Population 2017 Africa is the second-largest and second most populous continent on earth with an estimated population in 2016 of 1.2 billion people . Africa is home to 54 recognized sovereign states and countries , nine territories and two de facto independent states with very little recognition . The UN Population Fund stated in 2009 that the population of Africa had hit the one billion mark and had therefore doubled in size over the course of 27 years . The population in Africa has grown rapidly over the last 40 years and it has a relatively young population , with more than half under 25 in some states .
Citations
1 .
The current population of Eastern Africa is 413,982,688 as of Saturday , April 8 , 2017 , based on the latest United Nations estimates . This is equivalent to 5.54 % of the total world population .
2 .
Paul H . Walgenbach , Norman E . Dittrich and Ernest I . Hanson , ( 1973 ), Financial Accounting , New York : Harcourt Brace Javonovich , Inc . Page 429 .
3
Png , Ivan ( 1999 ). pp . 129 – 32 . The Second Law of Supply states that supply is more responsive to price in the long run . While the Second Law of Demand depends on how responsive consumers are to a change in price , the Second Law of Supply relates to how flexible producers are in terms of how much of a good they produce
4
On a monthly basis , consumer prices advanced 1 percent , following a 0.8 percent gain in the previous month .
5
National Bureau of Statistics | Deborah Neves | deborah . neves @ tradingeconomics . com 3 / 8 / 2017 12:00:33 PM
6 www . worldgrain . com October 17 , 2016 , report by David McKee
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