BMC bounces back to profitability

BMC headquarters
BMC headquarters

Botswana Meat Commission (BMC) has bounced back to profitability, recording P26 million after tax profits for the year ended 31 December 2013.

This reverses the huge successive losses of P324 million in 2012 and P87.82 million in 2011.

BMC chief accountant, Mbaakanyi Lenyatso, told BusinessWeek that the profits took a quantum leap because the commission recorded higher sales in the year after they were signed back into the European Union market.

Editor's Comment
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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