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Its a Public company listed in Sudan and Kenya but the board of directors and senior management are Somali I believe that they are also investing their own funds into these projects

http://www.ipiltd.com/bahari

My connect at the Central Bank tells me that the property market is cooling down and in for a correction. I suggest you lay low and wait.

P.S. Land laws in TZ are archaic and hostile to foreigners.

AbdiWahab252 wrote:
P.S. Land laws in TZ are archaic and hostile to foreigners.

True, If you know the right people in govt its not too bad, Somalis in TZ are well connected, plus a bit of bribery helps

Exec,

Yes, but they can flip the script on you very quick especially if you are a Skinny. Just ask about what happened in the early 1980s under Nyerere, Skinnies, Hindi and others faced serious economic restrictions.

I personally wouldn't invest millions in fixed assets in TZ when I can do the same in Kenya where a foreign investors rights are more adequately protected.

Hijacking the topic and directly injecting tribalization........the're are Somalilanders.

anilweyne wrote:Hijacking the topic and directly injecting tribalization........the're are Somalilanders.

YOU'RE GRAMMAR IS HORRIBLE DIE A SLOW DEATH