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Austrian investor eyes Tati Nickel

Golden years: Tati Nickel was the bastion of the Francistown economy prior to 2016
Golden years: Tati Nickel was the bastion of the Francistown economy prior to 2016

Austrian mogul, Cevdet Caner, is exploring the possible purchase of Tati Nickel, the base metal mine that closed in 2016 as part of the wider BCL Ltd group.

According to information shared by the presidency on Wednesday, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister, Lefoko Moagi, and other senior government officials on Tuesday.

Caner’s wholly owned investment group, NIU Invest is reportedly studying a possible offer to buy Tati Nickel, Moagi told state television in a brief interview. The minister said further details of the proposed deal could not be revealed as discussions continue.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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