Rentals tumble after TNMC closure

Friday, October 27, 2017

There are indicators Tati Nickel could resume operations soon

FRANCISTOWN: The market of property, business and residential, in Francistown and surrounding villages are on a downward spiral following the closure of Tati Nickel Mine Company (TNMC) over a year ago.

TNMC was one of the city’s major providers of income, employment and services. The closure of TNMC therefore impacted significantly on the city’s economy. Over 700 direct employees at TNMC lost their jobs. Hundreds of employees who were employed indirectly at the mine also lost their jobs.

The former TNMC workers used to rent homes in the city and surrounding villages (Borolong, Tati Siding and Tonota).

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