BMC raises prices to boost throughput

Hopeful: BMC's new prices are expected to improve throughout
Hopeful: BMC's new prices are expected to improve throughout

The Botswana Meat Commission (BMC) has decided to adjust purchase prices of higher grade beef in a bid to increase sales for the lucrative EU market.

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.

Editor's Comment
Botswana at a critical juncture

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...

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