Mmegi

Tati Nickel’s $15m takeover inches forward

Bouncing back?: Tati Nickel has been closed since 2016
Bouncing back?: Tati Nickel has been closed since 2016

The $15 million takeover of Tati Nickel by a firm linked to Austrian tycoon, Cevdet Caner, has received regulatory approval from the Competition and Consumer Authority (CCA).

In August, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister Lefoko Moagi, and other senior government officials, reportedly to finalise the Tati deal.

Caner’s wholly owned investment group, NIU Invest, successfully submitted a $15 million proposal to acquire certain assets of Tati Nickel Mining Company.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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