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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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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