12
Jan
Ester Mbathera Meatco has reported an operational profit of N$111 million for the financial year ending January 2025, marking its first profit in ten years. This figure excludes government grants, which would have increased the total to over N$250 million. On Friday, outgoing chief executive officer, Mwilima Mushokabanji, whose contract ends on 31 January 2025, attributed the achievement to strategic interventions and stakeholder engagement. “We arrived there because we are managing our stakeholders abroad where we are exporting this product (meat),” he said. He explained that the profitability was driven by the 1200 tonnes of beef exported to Norway, a…
