CHAMWE KAIRA
Savanna Beef Processors Limited has announced a seasonal adjustment to its cattle weight category structure, aimed at encouraging off-season deliveries while maintaining producer profitability.
The company said its price committee, after considering current market conditions and seasonal trends, approved the revised structure.
Under the new arrangement, Savanna will retain three weight categories: 200–219 kg, 220–239 kg and 240 kg and above.
The company said the adjustment is intended to create an incentive for producers to deliver cattle during the off-season, while maintaining the integrity of its existing pricing framework.
The revised pricing structure will take effect on 1 October, in line with Savanna’s 30-day price change policy.
However, the company said the revised weight categories will be applied retrospectively to all deliveries made from 1 September.
This is because those deliveries form part of the third quarter under Savanna’s quarterly pricing system.
Savanna said the adjustment seeks to balance prevailing market conditions and shareholder returns while encouraging a consistent supply of cattle during the off-season.
Savanna Beef reported a group loss of N$25.9 million for the financial year ended 28 February 2026, as the company continued with the commissioning and ramp-up of its newly completed abattoir and meat processing facility.
According to the company’s audited financial results released on the Namibia Securities Exchange (NSX), the group recorded an operating loss of N$30.9 million compared with an operating loss of N$13.2 million in the previous financial year.
The group’s loss before taxation widened to N$42.1 million from a loss of N$1.2 million recorded in the prior year.
A taxation benefit of N$16.2 million reduced the final loss for the period to N$25.9 million, compared with a loss of N$1.2 million in 2025.
Headline earnings per share declined to a loss of 10.14 cents, from a loss of 0.50 cents in the previous year.
During the financial year, the subsidiary continued to ramp up operations, slaughtering 1 764 livestock units (LSUs) and employing 130 people by year-end.
