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economic activities in francistown

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Gaborone, Botswana With demand for retail and office space skyrocketing, the real estate companies also hiked their prices.
Everyone who was worth his salt was suddenly rushing to refurbish their houses and install air conditioners, electric fences and security walls to draw the attention of the ready-to-spend mine employees. Even after the plant was complete, it would still create a lot of employment for the people of Francistown and neighboring villages. Francistown has managed to find the balance between history and modernisation, preserving the precious history of the town without sacrificing modern attractions, their lively culture or their traditional ways. Francistown‘s leading businessmen built executive town houses with a view to renting them out to the mining houses.The mining boom was an advantage to Francistown in that it not only sparked the economic boom that resuscitated the once docile city but also generated income for even the smallest of the economic players in the city.

Principal mining companies include Tati Nickel, owned by Norilsk Nickel, which has operations at the Selkirk Mine and Phoenix Mine, producing principally cobalt, copper and nickel. But, as things stand presently, I cannot say what the future holds for the proposed golf estate,” he said.The estate was to have over 300 plots available for purchase. Speaking in an interview...The Ministry of Health (MoH) last week signed a service level agreement with the Public Procurement and Asset Disposal Board, aimed at ensuring upholding... Over 70 percent of Botswana’s mining activity takes place in northern Botswana, with Francistown as the regional administrative and commercial centre.Francistown is also a key player in Botswana’s agricultural industry. Almost everyone who was a resident of Francistown and surrounding villages was suddenly employed in a certain capacity at the mines. of Secondary Schools: HEALTHCARE SERVICES No. Pundits commented that the city of Francistown will this time become not only a major player in the national economy but also in the regional and international industry. Already there are plans to build a dual carriageway from Tonota to Francistown to cater for the ever increasing traffic. Francistown is located on Botswana's main air and road transport routes; mining and agriculture are important. Let us not kid ourselves! After the Francistown economy almost collapsed due to the closure of Tati Nickel Mines, government has moved swiftly to classify the city as a Special Economic Zone (SEZ) area, and is set to commence several projects that could revive the economy and create employment, Minister of Investment Trade and Industry (MITI), Bogolo Kenewendo told parliament.Kenewendo said there are potential economic activities in and around the Francistown area including mining supplies and logistics, energy production, cargo and logistics services, manufacturing and salt processing, which were established through a study conducted around the area to identify key industries.“The results of this study have since informed the development of the to be considered National Special Plan, which maps out the development path for the regions of Botswana to effectively harness their natural endowments in realising investment opportunities anchored around each region’s core competencies,” she said.She added that the ministry, through Botswana Investment and Trade Centre ( BITC) holds stakeholder engagements with the city’s leadership to discuss ways of attracting attracting investment to the city.“BITC has since requested for reservation of commercial plots to assist us in facilitating investors. He said they had also set a trend, as they have already hosted a delegation from Malaysia wishing to benchmark on them.“They said that Francistown is better organised and the strategies that it has can make investors come to the city hence they want to benchmark for their country too.” Shoshong also called them to come present their objectives since they also want to develop their village. Botswana’s second city is once again facing bleak economic prospects reminiscent of yester years when it had little or no developments with a negligible contribution to the national economy because of the limited economic activity that was going on in the city.But all that was shelved when Francistown, which has a rich history as a mining town, once again experienced an unprecedented economic boom after the discovery of copper, nickel and gold in areas surrounding the city, which culminated in the opening of the Tati Nickel and Mupane mines.
economic activities in francistown 2020