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
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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