Our economy is falling. Magufuli is to blame.
I oredict the fillowing in 2 to 3 years.
1. Negotiations with Acacia will fail. This will lead to Acacia stock to nosedive and they eventually will close shop in Tanzania.
2. The Tanzanian government will not be paid what it claims. This will mean failure to get the USD $190 claimed by the Tanzanian government.
3. The Tanzanian government will nationalize Acacias mines. Of which at least one, Buzwagi, is kaput anyway.
4. Tanzania will become a pariah. External investors will fear and leave. Internal investors will scake back adversely.
5. The interest rate will fall even further to no effect since investor confidence will be so low.
Put your predictiins here and ket us revisit in 2-3 years.
The best way tovsettke an argument is to put it throughbthevtest if time.
Sent from my Kimulimuli