The dynamically changing environment that creates opportunity in emerging markets requires that managers understand the potential risks which may exist. Issues as diverse as politics, human rights, environmental impact and corruption can have major effects on many industries and projects. Local representatives must have access to timely local business information, backed by regional contacts, which are able to respond.

Within a short time, Haynes Capital Corp. in Tanzania has been able to develop valuable contacts in both the business community and with the business friendly Government. One of the most stable political climates in the region, Tanzania started liberalizing its economy, moving from a centrally planned economy to a private sector led economy, in the mid 1980s. This offers excellent opportunities for the development of free trade and for foreign investors.

Haynes representatives in both North America and Europe redistribute market intelligence gathered by the Haynes Tanzania office. Clients are able to receive timely reports on projects, become aware of opportunities and utilize local contacts for gathering information on specific industries.

Along with being a wonderful tourist attraction, Tanzania is endowed with abundance of natural resources such as arable land, a wide base for local raw materials, political stability and a good market policy. The Haynes Capital Office is located in Dar-es-Salaam. A convenient entry point for Tanzania and the rest of East Africa, Dar-es-Salaam is the largest city (population 2,500,000 estimated 2003), economic centre and former capital of Tanzania.

The Dar-es-Salaam Stock Exchange (DSE) (http://www.darstockexchange.com/ ) was incorporated in September 1996. It is a non-profit making body created to facilitate the government implementation of economic reforms and to encourage the wider share ownership of privatized companies in Tanzania while facilitating the raising of medium and long-term capital.

Haynes Capital Corp. is pursuing many opportunities in the region. If you would like to find out more or would like to know more about ongoing business developments, please contact us at any of our offices.