BMC liberalisation study nears completion
Wednesday, September 20, 2017
The Botswana Meat Commission (BMC) has been the only entity in the country authorised to run an abattoir that exports beef to other countries. Apart from the study, Cabinet is also yet to conclude on the proposals of privatising BMC.
According to the permanent secretary in the Ministry of Agriculture, Boipolelo Khumomatlhare liberalisation is to focus on reforming the entire beef sector, whereas privatising BMC mainly focuses on the company itself and how it can be restructured.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...