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
The State apparatus must be sanitised

When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...

Have a Story? Send Us a tip
arrow up