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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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