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Ann: Nachu Graphite Project Update, page-6

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  1. 328 Posts.
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    Now Marc's at the helm as managing director I have a hell of alot more confidence in Nachu. It's one thing being a non-executive director. Whole other thing as Managing Director.

    Regarding the listing on Tanzania Stock Exchange, I think the recent issues had by Volt is a clear indicator of all of this. They did what was seen to be right thing looking to list and raise their 40mill in Tanzania only for them to essentially be shut down and now they're looking at the Mauritius Stock Exchange (for some reason).

    With Magufuli's recent backflip on the taxes I can see a similar thing happening regarding listing requirements. It all needs to be eased up in order for large projects to go ahead and provide the benefits that the people of Tanzania deserve.
 
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