Govt backtracks on farms� privatization

Tomatoes incubator at Glen Valley farm
Tomatoes incubator at Glen Valley farm

Government has reversed its decision to privatise the Glen Valley and Dikabeya farms. The Ministry of Agriculture (MoA) spokesperson, Boikhutso Rabasha told Mmegi Business the reversal comes on the back of improvement in the economy.

She said the decision to privatise was taken at the height of economic slowdown as a result of global financial crisis. The MoA, through the National Master Plan for Arable Agriculture and Dairy Products (NAMPAAD), engaged Public Enterprise Evaluation and Privatisation Agency (PEEPA) in 2012 to review and undertake a study on the prospect of privatisation of Glen Valley and Dikabeya farms.

 “This was as a result of the economic slowdown which impacted on the ministry’s budget and NAMPAAD was not an exception,” explained Rabasha. The ministry decided to do a review of the financial liabilities, human resources and risks associated with the farms. Rabasha said a few people had expressed interest in the tender for the privatisation of the 13ha Glen Valley Farm , which is located 10km north of Gaborone.

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