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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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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