BMC raises prices to boost throughput
Friday, June 26, 2015
On Monday, the abattoir issued an announcement stating that the incentive will bring more compliant cattle supply to the Lobatse plant.
In an interview with BusinessWeek, public relations and communications manager, Brian Dioka said BMC currently provides its abattoir needs with 70 percent of cattle bought through its field-buying, also known as Direct Cattle Purchase (DCP) programme, whereas privately owned feedlots only supply 30 percent.
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...