Horticulture Market seeks P50m capital injection

The strategy, which has been developed by a South African company, Brand New Harvest at a budget of P48 million, is expected to turn the company into a profit making entity again.

According to the Acting Chief Executive Officer of BHM, Simon Meti, they are pinning their hopes on shareholders; Botswana Development Corporation (BDC) and the Ministry of Agriculture (MoA) to source the funds, as BMH does not have the security to secure a loan.