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Push to suspend Meatco CEO amid privatisation standoff

• Recurring losses overshadow improved revenues
A cocktail of factors, not least privatisation and unhappy producers, have caused tension at the state-owned meat exporter.
The export company is in an insolvent position, has recurring gross losses – including a N$90 million loss this year – and is on a collision course with producers, who are the mainstay of Meatco’s existence. In October, the company owed commercial farmers
A frantic push is underway to suspend Meatco CEO Mwilima Mushokabanji due to a myriad of challenges at the company, and amid talks that his opposition to privatising Meatco and per
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Namibian Sun 2024-12-25

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