Also known as: Ambassador Albertus Aochamub · Amb. Albertus Aochamub
Key points drawn from coverage. Tap a point to see the original sentence.
Informanté
Albertus Aochamub said Liebenberg's irregular exception application is a delay tactic and waste of public funds
“In response, the current CEO of Meatco, Albertus Aochamub, said that the irregular exception application by Liebenberg is a delay tactic and a waste of public funds, as Meatco has to foot the bill for the interlocutory applications brought by Liebenberg.”
Meatco accuses former fraud accused CEO Liebenberg of delay tactics in civil lawsuitThe Namibian
Albertus Aochamub says fully utilising the Norwegian quota by June demonstrates growing international confidence in premium Namibian beef
“Meatco interim chief executive ambassador Albertus Aochamub says fully utilising the Norwegian quota by June demonstrates growing international confidence in premium Namibian beef and reflects the company's improved commercial performance.”
Meatco secures additional Norwegian beef quotaWindhoek Observer
Albertus Aochamub said the company aims to fully utilise the additional allocation before end of December
“Meatco's interim chief executive officer Albertus Aochamub said the company aims to fully utilise the additional allocation before the end of December.”
Meatco secures additional Norwegian beef quotaInformanté
Albertus Aochamub said fully utilising Norwegian quota by June is significant milestone demonstrating customer confidence in premium Namibian beef
“"Fully utilising our Norwegian quota by June is a significant milestone for Namibia's beef industry and demonstrates the continued confidence that international customers place in premium Namibian beef. It also reflects Meatco's stronger commercial execution and our focus on maximising value from premium export markets. We welcome the agreement between the Governments of Namibia and Botswana, which enables Namibia to further benefit from this important market, and we are committed to fully utilising the additional allocation before 31 December 2026," Meatco Interim Chief Executive Officer Ambassador Albertus Aochamub said.”
Namibia secures additional Norwegian beef quotaThe Namibian
Albertus Aochamub says Meatco remained profitable despite processing 53% fewer cattle
“He says Meatco remained profitable despite processing 53% fewer cattle, while increasing its cash reserves, strengthening producers' equity and reducing its losses.”
Cattle shortage cuts Meatco’s revenue by N$757mInformanté
Interim Chief Executive Officer Ambassador Albertus Aochamub said the corporation remained profitable and improved financial resilience
“Interim Chief Executive Officer Ambassador Albertus Aochamub saying the corporation remained profitable, strengthened its balance sheet and improved financial resilience during one of its toughest operating periods.”
Meatco’s turnaround strategy showing results despite cattle supply crisisInformanté
Meatco Interim Chief Executive Officer Ambassador Albertus Aochamub described the visit as a strong affirmation of Government's confidence in the Corporation's recovery
“Commenting on the visit, Meatco Interim Chief Executive Officer, Ambassador Albertus Aochamub, welcomed the Prime Minister's engagement and described it as a strong affirmation of Government's confidence in the Corporation's recovery.”
Prime Minister expresses strong support for Meatco’s recovery and growth strategyInformanté
Albertus Aochamub stated the agreement reflects commitment of management and labour to work together responsibly
“"This agreement reflects the commitment of both management and organised labour to work together responsibly in the interests of employees, operational stability, and the long-term sustainability of Meatco," Meatco's Interim Chief Executive Officer, Ambassador Albertus Aochamub, said.”
Meatco confirms salary increasesNew Era
Meatco's interim CEO Albertus Aochamub said they have put in place a comprehensive Transitional Exit Plan
“Meatco's interim CEO Albertus Aochamub said they have put in place a comprehensive Transitional Exit Plan to facilitate a smooth and orderly discontinuation of operations at the Katima Mulilo abattoir and ensure continued support for local producers and suppliers.”
Meatco to end operations at Katima abattoirNew Era
Aochamub said Meatco will progressively scale down operations during transition period from 16 April to 30 June 2026
“The transition period is scheduled to run from 16 April to 30 June 2026, and during this period, Aochamub said Meatco will progressively scale down its operations at the abattoir in a controlled manner.”
Meatco to end operations at Katima abattoirMeatco is pursuing a civil lawsuit against former CEO Patrick Liebenberg, demanding repayment of N$7.5 million allegedly misappropriated through fictitious cattle sales and other transactions between 2024 and 2025. Liebenberg has filed an irregular exception application arguing the claim documents are defective and vague, which Meatco opposes as filed late.
6 August 2026 · Informanté →
Meatco is pursuing a civil lawsuit against former CEO Patrick Liebenberg, demanding repayment of N$7.5 million allegedly misappropriated through fictitious cattle sales and other transactions between 2024 and 2025. Liebenberg has filed an irregular exception application arguing the claim documents are defective and vague, which Meatco opposes as filed late.
6 August 2026 · Informanté →
The Meat Corporation of Namibia fully used its 2026 Norwegian beef export quota by the end of June and secured an additional 344,766kg through a government-to-government arrangement with Botswana under the Sacu-Efta quota-sharing framework, expected to generate approximately N$100 million. Combined with the original allocation's estimated N$265 million, Meatco's Norwegian beef exports for 2026 are valued at approximately N$365 million.
30 July 2026 · The Namibian →
Meatco has secured an additional 344,766-kilogram beef export quota to Norway through a quota-sharing arrangement with Botswana under the SACU-EFTA framework, after exhausting its initial 2026 allocation by end of June. The additional allocation is projected to generate N$100 million in export earnings, potentially bringing Meatco's total Norwegian exports for 2026 to N$365 million.
30 July 2026 · Windhoek Observer →
Namibia has secured an additional Norwegian beef quota of 344,766 kilograms through a government-to-government arrangement with Botswana, expected to generate approximately N$100 million in additional revenue. Combined with the initial 2026 allocation, Meatco's projected Norwegian exports for 2026 are valued at approximately N$365 million.
28 July 2026 · Informanté →
Meatco's revenue fell from N$1.865 billion to N$1.108 billion in the 2025/26 financial year due to a cattle shortage that reduced slaughter numbers by 53%, though the corporation remained profitable with N$40.5 million after-tax profit.
28 July 2026 · The Namibian →
Meatco recorded a profit after tax of N$40.5 million and improved its balance sheet despite processing 53% fewer cattle than the previous financial year, according to its audited Annual Financial Statements for the year ended 31 January 2026, as Namibia faces a historic decline in cattle supply following years of drought.
27 July 2026 · Informanté →
Prime Minister Dr Elijah Ngurare expressed strong support for Meatco's recovery and growth strategy during a visit to the corporation's Windhoek Abattoir, reaffirming government commitment to strengthening Namibia's livestock industry and expanding value addition. The Prime Minister noted encouraging progress, including completion of Namibia's 2026 Norwegian beef export quota by June 2026, return to profitability, and livestock procurement of approximately 29,000 cattle by mid-July 2026 toward a target of 50,000 by February 2027.
23 July 2026 · Informanté →
Meatco and the Namibia Food and Allied Workers Union have finalised wage negotiations, with employees receiving a 5% salary increase and N$200 monthly housing allowance rise in 2026/2027, followed by a 6.5% salary increase in 2027/2028 with no changes to housing or cold allowances.
26 May 2026 · Informanté →
Meatco's operational agreement with Zambezi Meat Corporation expires on 15 April 2026, prompting the company to wind down operations at the Katima Mulilo abattoir. The transition period runs from 16 April to 30 June 2026, during which Meatco will scale down operations in a controlled manner while honouring obligations to local producers and suppliers.
7 May 2026 · New Era →
Meatco will progressively reduce operations at the Katima Mulilo abattoir following the expiry of its agreement with Zambezi Meat Corporation, with a transitional exit plan running from 16 April to 30 June 2026. The transition includes inventory verification, halting cattle procurement, and reducing stock levels as part of Meatco's broader turnaround strategy.
6 May 2026 · Windhoek Observer →
Meatco has announced a structured exit from Katima Mulilo Abattoir operations following the contractual expiry of its Memorandum of Agreement with Zambezi Meat Corporation on 15 April 2026. The company will implement a transitional plan from mid-April to 30 June 2026, during which it will progressively scale down operations including inventory verification and gradual reduction of stock levels.
6 May 2026 · Informanté →
Meatco employees presented a petition demanding salary increases, citing delayed wage proposals and company profitability, and threatening indefinite industrial action if demands are ignored. The petition also raises concerns about board leadership, executive spending, and alleged conflicts of interest.
24 April 2026 · The Namibian →
The Meat Corporation of Namibia exported 45.2% of its Norway beef quota (521 017.59kg of 1.1 million kg) by 17 April, the company's strongest start to the year in recent memory. The faster uptake is attributed to strong demand in the Norwegian market and improved planning and commercial execution at Meatco.
22 April 2026 · The Namibian →
An opinion piece argues that Namibia should adopt threshold-based export controls and minimum value-retention standards for livestock, mirroring the Namibia Agronomic Board's successful approach to protecting domestic horticulture. The author contends that processing cattle domestically would retain jobs, foreign exchange, and economic value rather than exporting live animals unprocessed.
18 April 2026 · The Namibian →
An opinion piece argues that Namibia should adopt value-retention policies for the livestock sector, similar to its successful Namibia Agronomic Board approach for horticulture, to encourage domestic processing and capture more economic value rather than exporting unprocessed cattle. The author proposes threshold-based export controls, minimum weight restrictions for exported animals, and export levies to fund local industry development.
17 April 2026 · New Era →
Savanna Beef Processors, recently granted an export certificate, will send its first beef consignment to the United Kingdom, EU, and EFTA countries through Walvis Bay at the end of April, exporting matured deboned chilled/frozen beef cuts. The producer-owned facility aims to add value to Namibian livestock production and retain weaners domestically rather than see them exported live to South African feedlots.
17 April 2026 · The Namibian →
The Meat Corporation of Namibia has begun processing Wagyu cattle for export to premium global markets, including high-end restaurants in Europe. The move aims to position Namibian beef producers in high-value segments through advanced quality assurance, traceability systems, and compliance with international standards.
16 April 2026 · The Namibian →
Meatco held talks with the Arab Bank for Economic Development in Africa to explore investment and financing opportunities for strengthening Namibia's beef exports and food security. The parastatal presented three priority projects: reviving a small stock abattoir, extending tannery operations for local beneficiation, and reactivating cannery operations with modernised technology.
13 April 2026 · The Namibian →
Growing live cattle exports to Mauritius are diverting slaughter-ready animals from Namibia's value-added export chains to premium markets like Norway, the EU, and the US, risking underutilisation of domestic abattoirs and export quotas. The Meat Corporation of Namibia's interim CEO argues that while live exports offer farmers immediate payment and market diversification, unchecked large-scale exports could erode Namibia's reputation as a premium supplier and proposes a calibrated levy and better coordination between government, producers, and processors to balance immediate returns with long-term national value.
12 April 2026 · The Namibian →
Meatco has hosted first-year students from NUST's Bachelor of Procurement and Supply Chain Management programme for a research visit to gain practical experience in livestock and agro-processing operations. The initiative, which included interaction with Meatco's Marketing, Logistics, and Value Addition teams, is part of efforts to develop skilled professionals for Namibia's agricultural sector.
19 March 2026 · Informanté →
The Meat Corporation of Namibia has enrolled 19 interns from various training institutions in a six-month workplace programme running from October 2025 to March 2026, part of the government's National Development Plan 6 and internship initiative to build youth skills in the livestock and meat industry.
17 March 2026 · New Era →
Meat Corporation of Namibia has enrolled 19 interns from various tertiary and vocational institutions in a six-month placement programme (October 2025–March 2026) aimed at developing skills in the red meat industry and supporting government's National Development Plan 6. The interns gain practical workplace experience across technical, operational and managerial roles while receiving a monthly allowance.
13 March 2026 · Informanté →
Meatco's export abattoir has retained an A+ equivalent grade under the Brand Reputation through Compliance Global Standards (BRCGS) certification system, one of the world's most widely recognised food safety programmes. The accreditation is essential for Meatco to maintain access to premium international markets and strengthens Namibia's reputation as a trusted supplier of premium beef.
10 March 2026 · New Era →
Former Meat Corporation of Namibia acting chief executive Patrick Liebenberg faces 26 disciplinary charges, including allegations of misappropriating over N$5.5 million and fraud linked to 900 missing cattle. The charges include forging agreements, falsifying livestock records, and instructing staff to move cattle during an audit to mislead auditors, with Meatco also filing a High Court case against him.
10 March 2026 · The Namibian →
The Meat Corporation of Namibia has recorded a significant financial turnaround, with group revenue rising to N$1.865 billion and an operating profit before tax of approximately N$106 million, marking recovery from five consecutive years of losses following implementation of a Turnaround Plan approved in November 2024.
19 February 2026 · Informanté →
Meat Corporation of Namibia has returned to profitability with group revenue increasing to N$1.865 billion and an operating profit before tax of approximately N$106 million for the year ended 31 January 2025, compared to a N$150 million loss in the prior period. The corporation attributes the turnaround to reforms in governance and accountability under its Board-approved Turnaround Plan, with audited results to be formally presented at the AGM scheduled for 20 February 2026.
18 February 2026 · Informanté →
An opinion piece argues that Namibia's red meat industry should be designated as a strategic sector under the proposed investment promotion and facilitation bill, positioning it as central to national development objectives including employment creation, value addition, and industrial transformation. The author contends that structured investment frameworks and performance agreements can unlock downstream value in processing and leather beneficiation while ensuring foreign capital complements domestic participation.
8 February 2026 · The Namibian →
In an opinion piece, Ambassador Albertus Aochamub argues that Namibia's proposed Investment Promotion and Facilitation Bill should designate the red meat industry as a strategic sector to unlock value addition, job creation and rural development. He contends that performance-based investment agreements and structured partnerships through Meatco can align foreign and domestic investment with national development objectives while strengthening investor confidence through regulatory clarity.
8 February 2026 · Informanté →
An opinion piece argues that Namibia's proposed Investment Promotion and Facilitation Bill should treat the red meat industry as strategic, enabling value addition, rural development, and coordination with domestic enterprises like Meatco through performance agreements and joint venture requirements.
7 February 2026 · New Era →
The Namibian Government has released N$30 million in outstanding payments to livestock producers through Meatco, according to an announcement by the Office of the Prime Minister on 27 January 2026. The settlement provides relief to producers affected by severe drought and supports Meatco's turnaround plan and efforts to rebuild trust across the red meat value chain.
30 January 2026 · Informanté →