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Inside BMC's prime COVID 19 'cut' of P115 million


14th December 2020
The Government has injected P115 million to cushion the ever ailing Botswana Meat Commission (BMC) against the unprecedented impacts of the Covid-19 pandemic.
At the time when Botswana went into a COVID 19 sponsored national lockdown early this year, the state owned beef exporting agency scaled down its weekly production to just about a quarter of its plant capacity. This was to allow for production to be staggered, allowing different process crews coming to work on different dates. The move has however resulted in limited revenue and delayed payment of creditors such as farmers. 
Given the COVID 19 slap on BMC operations, the government has since made a cash injection of P115 million. The breakdown shows that P27 million will go towards clearing Standard Chartered Bank and BancABC loans while the other disbursement amounting P88 million has been used to pay farmers. Some farmers had already dragged BMC to court for failure to pay them. ....

Boitumelo Mogome Maseko , Parliamentary Committee On Statutory Bodies , Ministry Of Agricultural Development , Standard Chartered Bank , Botswana Meat Commission , Parliamentary Committee , Statutory Bodies , State Enterprises , Agricultural Development , Food Security , Cattle Industry , பாராளுமன்றம் குழு ஆன் சட்டரீதியான உடல்கள் , தரநிலை பட்டய வங்கி , போட்ஸ்வானா இறைச்சி தரகு , பாராளுமன்றம் குழு , சட்டரீதியான உடல்கள் , நிலை நிறுவனங்கள் , உணவு பாதுகாப்பு , கால்நடைகள் தொழில் ,