>From Jim Rogers' site:
Last year, Tanzania had the highest level of international investment in
mineral
exploration of any nation in this resource-rich continent. Tanzania
should soon be one
of the three largest producers of gold in Africa (South Africa and
Ghana are the others),
with annual production rising to 2 million ounces by 2003. I am still
not optimistic
about the price of gold, but Tanzania’s deposits are near the surface,
so the production
costs are low.
<snip>
There is a new stock market in Dar es Salaam, the capital, but foreign
investors
cannot as yet invest directly in the three Tanzanian companies with
public shares.
That should change soon. Meanwhile, the Presidential Parastatal Sector
Reform
Commission, a group that promotes privatization in Tanzania, offers an
introduction to
investing in the country and lists opportunities on its Web site
(www.psrctz.com). I
can’t vouch for the site’s specific content, but I do have high hopes
for Tanzania -- she
is Cinderella compared to her east Africa sisters.
--
http://www.bearerinstruments.com
A Directory of Web sites and Internet
presences accepting non-fiat monies.
http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt
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