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Old 12th Oct 2006, 07:40
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Deskjocky
 
Join Date: May 2005
Location: Johannesburg
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Well, if the Tanzanian government finally do something and recapitalize the business then perhaps they have a chance. Having dealt regularly with the guys who were seconded there during the partnership I can only say that the potential exists but the cost of unlocking the potential is not worth the effort in terms of an investor- you can make more cash utilizing the required assets elsewhere- that’s why SAA refused their repeated requests for equipment.

Im pretty sure they will be looking around in due course for another partner to pay the bills.
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