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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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