How tasty is a 'steak' in BMC for investors?

Friday, June 07, 2019

The BMC's privatisation is finally moving

For most of its recent years, the Botswana Meat Commission (BMC) has survived only through government support, piling on hundreds of millions of pula in loans in the process. And yet as part of its privatisation, a team has been assembled to prove that the parastatal is the best-looking bull in the kraal for investors. Staff Writer, MBONGENI MGUNI writes

Further taking the shine off the BMC’s coat is the fact that government’s meat industry liberalisation strategy means more competitors coming up directly against the Commission.

These new players will have an equal footing with BMC, equal access to farmers and the export markets that the Commission once enjoyed a monopoly over.

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