Lax controls expose BMC to more losses

BMC lost the EU market in 2011 leading to significant financial losses for the parastatal
BMC lost the EU market in 2011 leading to significant financial losses for the parastatal

The Botswana Meat Commission (BMC) remains exposed to financial losses as long as control and supervision issues remain un-attended, the Auditor General says. The Auditor General’s report for the year ended March 2013 states that BMC recorded a total comprehensive loss of P287.91 million compared to P228.42 million in the previous year.

The report also states that the commission has a chronological report of losses in the past three years.

The total income for the group was P806.62 million, while expenditure was P1.1 billion. 

Editor's Comment
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