Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Banner Left
Banner Right

Govt gives green light on Meatco restructuring study

Govt gives green light on Meatco restructuring study

CABINET has approved the terms of reference for a study on the Meat Corporation’s (Meatco) ownership structure and the appointment of a consultant to carry out the study within the next three to four months.

Government decided about a year ago that Meatco should be structured along the principles of a co-operative to broaden participation in and membership of the company. “The new structure of Meatco must ensure that the corporation, as an important player in the meat industry and the country’s economy, is managed on sound business principles to ensure that Namibia continues to market meat and meat products in domestic and external markets competitively,” the latest Cabinet briefing paper stated.”Meatco’s new business format must ensure that Meatco empowers emerging and communal farmers through the establishment of auction pens and marketing infrastructure in these areas.”The objective is to ensure that communal farmers too accrue maximum benefits from selling their animals to Meatco and not only the middlemen who are between Meatco and communal farmers.”Ultimately, Government expects that the new ownership structure of Meatco will provide for a sound business entity that operates in the national interest, contributes to the national objectives, and provides for equal opportunities for all meat producers of the country in terms of profit sharing and shareholding in the business.”The new structure of Meatco must ensure that the corporation, as an important player in the meat industry and the country’s economy, is managed on sound business principles to ensure that Namibia continues to market meat and meat products in domestic and external markets competitively,” the latest Cabinet briefing paper stated.”Meatco’s new business format must ensure that Meatco empowers emerging and communal farmers through the establishment of auction pens and marketing infrastructure in these areas.”The objective is to ensure that communal farmers too accrue maximum benefits from selling their animals to Meatco and not only the middlemen who are between Meatco and communal farmers.”Ultimately, Government expects that the new ownership structure of Meatco will provide for a sound business entity that operates in the national interest, contributes to the national objectives, and provides for equal opportunities for all meat producers of the country in terms of profit sharing and shareholding in the business.

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!

Latest News