Staff Writer
Savanna Beef Processors Limited shareholders approved all resolutions tabled at the company’s fourth annual general meeting, including the adoption of the company’s annual financial statements for the year ended 28 February 2026.
The annual general meeting was held at Wanderers in Windhoek on 13 August 2026.
Shareholders approved the appointment of auditors and resolutions relating to the composition of the company’s board.
Bernhard Vente was re-elected to the board, while Dr FY Leuthold was elected as a board member.
The meeting also approved a general authority granting directors the power to allot and issue shares, as well as an authority to act.
Meanwhile, Savanna Beef has reminded shareholders and other cattle suppliers of the deadline for Quarter 3 slaughter bookings covering September to November 2026.
The company said the booking deadline for the period was 31 August 2026 and encouraged shareholders and slaughter-right holders to secure their slaughter dates as early as possible to assist with operational planning and scheduling.
Savanna said shareholders wishing to utilise their slaughter rights during September, October or November were encouraged to contact the company, while those not intending to use their rights during the period could also notify Savanna accordingly.
The company further invited producers with cattle available beyond their allocated slaughter rights to make contact.
Non-shareholders who do not hold slaughter rights but wish to supply cattle to Savanna Beef are also welcome to deliver cattle, according to the company.
Savanna said it has sufficient slaughter capacity available and is accepting cattle deliveries from shareholders, slaughter-right holders and non-shareholders.
In July, the company said Savanna Beef Operations (Pty) Ltd received the taking over certificate from the contractor, and the abattoir and meat processing plant were capitalised in full.
The total project value amounted to N$436.5 million including total capitalised borrowing costs, N$17.4 million. Depreciation of the abattoir facility will only commence once full operational capacity has been achieved on 1 June.
