Chamwe Kaira
Savanna Beef Processors Limited has delayed the release of its audited annual financial results for the year ended 28 February 2026 due to additional administrative work linked to its recently approved export certification.
In a notice to shareholders, the company said the results would not be published within the period required under the Namibia Securities Exchange Listing Requirement 3.16.
Savanna said the delay followed administrative processes connected to the export certification granted to its beef abattoir.
The company said the certification process required further reconciliation and validation of information supporting the annual financial statements.
Savanna said its board decided more time was needed to ensure the audited results were accurate before publication.
The company now expects to release the audited annual financial statements on or before 31 August 2026.
Savanna said the delay is not related to concerns about the company’s financial performance.
“The delay does not arise from any material uncertainty regarding the financial performance of the company,” the board said in the notice.
The company also said shareholders would be informed if there are any further changes to the expected publication date.
Savanna apologised to shareholders and stakeholders for the delayed release of the financial results.
