Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
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Organization

Meat Corporation of Namibia

Also known as: MCN

Namibian state-owned beef processor and livestock procurement entity, currently managing drought-affected operations and recovering from internal fraud allegations.

Business

Meatco sues former CEO over N$6.1 million misappropriation

The News

The Meat Corporation of Namibia has filed a High Court case against former CEO Patrick Liebenberg to recover N$6.1 million he allegedly misappropriated between 2024 and 2025. Liebenberg faces 26 disciplinary charges including fraud, sabotage, and forgery, and is under criminal investigation over the disappearance of 900 cattle valued at N$7 million.

13 March 2026 · Informanté

Friday 13 March

  1. Meatco sues former CEO over N$6.1 million misappropriation

    The Meat Corporation of Namibia has filed a High Court case against former CEO Patrick Liebenberg to recover N$6.1 million he allegedly misappropriated between 2024 and 2025. Liebenberg faces 26 disciplinary charges including fraud, sabotage, and forgery, and is under criminal investigation over the disappearance of 900 cattle valued at N$7 million.

    13 March 2026 · Informanté

  2. Meatco welcomes 19 interns from tertiary institutions nationwide

    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

Wednesday 11 March

  1. Meatco improves value extraction amid persistent drought

    Meat Corporation of Namibia slaughtered 75,268 cattle in the 2024/25 financial year despite ongoing drought, achieving higher average carcass weights and dressing percentages through improved production and processing efficiencies. The company attributed increased cattle marketing to improved payment discipline and producer confidence.

    11 March 2026 · The Namibian

Tuesday 10 March

  1. Former Meatco executive charged over N$5.5 million misappropriation

    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

Wednesday 4 March

  1. Meatco improves cattle processing despite drought impact

    The Meat Corporation of Namibia slaughtered 75,268 cattle in the 2024/25 financial year and achieved higher average carcass weights and dressing percentages despite persistent drought conditions and lower slaughter numbers, with improved payment discipline encouraging farmers to market more cattle through the company compared to previous drought cycles.

    4 March 2026 · The Namibian

Tuesday 3 March

  1. Government cuts funding to state-owned enterprises in 2026/27

    The finance ministry plans to reduce subsidies and capital transfers to state-owned enterprises from N$1.3 billion in 2025/26 to N$615.7 million in 2026/27, citing fiscal consolidation and high public debt. Several SOEs including TransNamib and the Agricultural Bank of Namibia will receive no government transfers, while priority support goes to the National Housing Enterprise and Road Fund Administration.

    3 March 2026 · The Namibian

Friday 27 February

  1. Meatco demands halt to attachment of 900 cattle during liquidation

    Meatco has instructed a company owned by David van der Linden to immediately cease the sale of 900 cattle that Meatco claims were wrongfully attached during the liquidation of Linden Beef CC. Meatco's lawyer warns that failure to comply will result in an urgent High Court application, citing ear tag numbers and records in the livestock identification system as proof of ownership.

    27 February 2026 · The Namibian

Thursday 26 February

  1. FMD vaccination would cost Namibia premium beef export markets

    Namibia's livestock industry has warned that vaccinating against foot-and-mouth disease would severely damage the sector by making the country ineligible for premium markets such as the EU, UK, and US, which collectively import the majority of Namibian beef at high-value prices. Officials stress that Namibia's status as "FMD-free without vaccination" is crucial for market access, and any vaccination south of the veterinary fence is illegal; the Directorate of Veterinary Services has warned it will confiscate and cull illegally vaccinated cattle.

    26 February 2026 · The Namibian

Wednesday 25 February

  1. Meatco reports 900 cattle missing, N$2.5 million unaccounted for

    The Meat Corporation of Namibia has confirmed that 900 head of cattle are missing from the company and that N$2.5 million in cash reconciliations cannot be accounted for by its livestock procurement department. Board chairperson Stephanie de Klerk said preliminary findings implicate former acting chief executive Patrick Liebenberg and some staff members, with a criminal case lodged against Liebenberg for theft of livestock and defeating the course of justice.

    25 February 2026 · The Namibian

Tuesday 24 February

  1. Meatco reports 55% revenue increase amid sector recovery

    Meatco held its 37th Annual General Meeting, reporting that group revenue increased approximately 55% to N$1.87 billion for the 2024/25 financial year, with profit before tax of N$105 million and profit after tax of N$43 million, while paying N$1.13 billion directly to livestock producers despite drought and volatile global markets.

    24 February 2026 · Informanté

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