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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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