22
Nov
Niël Terblanché Cattle farmers in Namibia have raised concerns over delayed payments from the Meat Corporation of Namibia (Meatco), citing the state-owned enterprise’s severe cash flow problems that are impacting their ability to meet financial obligations. The situation has escalated to the point where producers are now demanding upfront payments and assurances of timely payments for their livestock. Following an urgent meeting held last Thursday between Meatco’s management and directors and livestock producers, a written document outlining their demands was submitted. Among the key demands in the document is the requirement for Meatco to settle all outstanding payments promptly and…