BMC sees light at end of the tunnel
Friday, September 04, 2015
With the parastatal having been at, or near the bottom, in the past three years, there are already signs that the turnaround strategy is starting to deliver results.
By the end of 2014, BMC recorded revenue of P1.16 billion from 144,000 cattle that were slaughtered.
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...