BMC Privatisation Welcome, But...

On Friday last week, the Public Enterprises Evaluation and Privatisation Agency (PEEPA) announced start of work towards ending the Botswana Meat Commission’s (BMC) beef export monopoly.

PEEPA chief executive officer, Obakeng Moumakwa revealed that Deloitte Consulting has been selected as the preferred Transaction Advisors for the concession of the Maun Abattoir while Minchin & Kelly are the preferred Consultants for the Privatisation of BMC. We hail the move on the part of government in an effort to liberalise the beef industry. Quite clearly, the BMC privatisation has long been overdue when one considers its past travails.

However, as it stands, many observers fear that the privatisation of the Commission would result in loss of jobs, as new owners will shed off excess labour to improve efficiency and also cut the workforce to prepare for privatisation. There is uncertainty about job losses when BMC is privately owned.

Editor's Comment
Be careful on the road this festive season

Over the past weekend in Greater Gaborone, four people tragically lost their lives in separate accidents, a stark reminder of how vulnerable we are on the roads, especially during this busy time of year.The accidents, which claimed the lives of three pedestrians and one driver, paint a grim picture of the dangers faced by everyone on the road, not just motorists but also pedestrians. In one case, a young man was fatally struck by a truck whilst...

Have a Story? Send Us a tip
arrow up