Economic recession has negatively affected TNMC

Tati Nickel mine
Tati Nickel mine

FRANCISTOWN: The Head of Metallurgy at Tati Nickel Mining Company (TNMC), Josiah Keitshokile, says his company is still reeling from the adverse effects of the economic recession.

Speaking at the TNMC year-end party on Friday, Keitshokile reiterated that although mining contributed significantly to the country’s economy, it had been seriously affected when global demand for minerals dwindled, and prices reached bottom limits, between 2008 and 2013.

“However, since the second quarter of 2014, the prices of our metals have been relatively steadier than in the previous years albeit lower than the desired for business sustainability,” he said.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

Have a Story? Send Us a tip
arrow up