“Recommandations and comments made by Dr. Mark Mobius, the executive Chairman of Franklin Templeton “

They are bargain hunters, they love cheap stocks and thus love bear markets
- Emerging markets look good for long term investors for several reasons: they are growing faster than developed countries, they have less debt, they have more reserves, inflation is coming down, they are taking up a lager share of world trade and also trading more with each other
- Bull markets are followed by bear markets which are followed by bull markets then bear……
- Bull markets last longer than bear markets, and values appreciate more during bear markets than they depreciate during bear markets. he said by their measures over the last 20 years bull markets last on average 22 months and values appreciate by 113% while bear markets on average last 6 months and values depreciate 32%
- Various FT funds are concentrated in mainly energy stocks, then banks, raw materials, communications etc.

- Five mobile phone operators- Zantel-Vodacom-Celtel-Millicolm
- 6.5 million subscribers
-Accounted for 4.6% of Tanzanian GDP in 2006
-Accounted for an est. 180.000 of the Ttl labor force
- has a projected market growth growth of 109 % over the next 5 years

Considering purchase of Stocks ?
(VOD) on New York Stock Exchange & London stock exchange
(TKG) on Johannesburg Stock Exchange and NYSE
(MICC) on NASDAQ stock market
(MTC) on Kuwait Stock Exchange MTC is majority shareholder in Celtel

For more information on Tanzania see:

Tanzania Chamber of commerce

Tanzania Investment Center

Tanzania Confederation of industry

Bank of Tanzania