11
May
Niël Terblanché Competition from the private sector has rendered the Meat Corporation of Namibia technically insolvent with the state-owned enterprise’s debt currently surpassing its assets. Meatco’s line ministry has now started with an urgent intervention to get the corporation back on an even keel. The Minister of Agriculture, Water and Land Reform, Calle Schlettwein, at a workshop in Swakopmund, said that initiating reform and supporting the sustainability of Meatco is essential for it to serve as an anchor for continued market access and price stabiliser for all livestock producers, in both communal and commercial farming areas. “We are working closely…