BMC�s subsidiaries in the red

Thursday, November 16, 2017

Loss making: BMC's three subsidiaries are struggling to turn a profit

Botswana Meat Commission (BMC) has not paid dividends to its stakeholders for the past five years due to poor performance of its subsidiaries.

Briefing parliamentarians recently, the Minister of Agricultural Development and Food Security Patrick Ralotsia said the Commission’s subsidiaries have not been performing well.

BMC owns three-subsidiary companies, which include Table Bay Cold Storage in South Africa, BMC (UK) Holdings in the United Kingdom and Main Line Carriers in Botswana.

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BMC�s subsidiaries in the red

Botswana Meat Commission (BMC) has not paid dividends to its stakeholders for the past five years due to poor performance of its subsidiaries.

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