Mmegi

The rebirth of hope at Tati

Coming soon: Full operations are scheduled to resume in coming years at Tati Nickel PIC MORERI SEJAKGOMO
Coming soon: Full operations are scheduled to resume in coming years at Tati Nickel PIC MORERI SEJAKGOMO

Phoenix Mine watched its sister, Selkirk snapped up for P67 million in 2022, while it remained gathering dust. Now, an Austrian investor has promised to pump in P2.8bn to raise Phoenix from its ashes. MBONGENI MGUNI writes

The people of Francistown have every right to be sceptical. The tale of the economy of the northern city is one of bright but broken promises, hopes built then dashed, the kind of situation that makes citizens become resistant to hope.

Francistowners still remember the famous Activox disappointment, where it appeared the nickel coming out of Tati would be refined, creating mind-blowing value for the city and the broader economy.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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