Agric consultant urges farmers to take livestock insurance
Monday, October 10, 2022 | 270 Views |
Cattle
He was previously a coordinator at Agricultural Hub where he led a crusade to encourage farmers to take livestock insurance.
The commercial insurance sector in Botswana has different livestock insurance offerings at commercial rates. Small-scale farmers have often been reluctant to insure their animals citing higher premiums amongst others.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...