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
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

Have a Story? Send Us a tip
arrow up