mmegi

BMC gets P300m injection

Strategic asset: BMC has been facing financial problems 
PIC: MORERI SEJAKGOMO
Strategic asset: BMC has been facing financial problems PIC: MORERI SEJAKGOMO

Government has approved financial guarantee for the Botswana Meat Commission (BMC) amounting to P300 million through the First National Bank of Botswana (FNBB).

The money will be used to finance the commission's growth strategy, the Meriting Strategy.

This comes after BMC approached the government in July with a request for financial assistance to undertake reforms through its Meriting Strategy.

Editor's Comment
‘Fake’ drugs: A matter of life, truth and accountability

When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...

Have a Story? Send Us a tip
arrow up