02
Aug
Niël Terblanché While stakeholders in Namibia’s beef production sector seek long-term solutions to low prices in the industry, the Meat Corporation of Namibia (MeatCo) has declared that it may still be able to generate profits. Meatco Corporate Communications Officer, Undamuje Hambira stated that higher cattle numbers handled by the state-owned enterprise’s Windhoek Abattoir could signal a big turnaround in the corporation’s profitability. “Meatco believes that if this trend continues, it will result in a consolidated recovery year for the fiscal year running from January 2023 to February 2024. The company performed well in May and June, generating approximately N$107 million…