BKT 2.56% 4.0¢ black rock mining limited

Tanzania is fast becoming a modern country. It had 8 fold...

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  1. 237 Posts.
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    Tanzania is fast becoming a modern country. It had 8 fold increase in population since 1980 and Dar es Salaam is one of the fastest growing cities in Africa and expected to grow into a mega city of over 10 million. See the attached news article.


    https://www.theguardian.com/cities/2019/jan/08/how-an-emerging-african-megacity-cut-commutes-by-two-hours-a-day-dar-es-salaam


    Thus it is not surprising that the government is trying to improve efficiency, tax system and regulations to help the transition towards a modern economy. It looks like a lot of good planning is happening in the background and it is attracting plenty of foreign investment. 


    Hence, BKT's plan to transport graphite via rail to the port is a cost saver considering that road congestion and population growth are going to be issues in the next 30 years.



 
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