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.

Agriculture & Land

Meatco reports 55% revenue rise, N$43m profit after tax

The News

Meatco's 2024/25 financial results show strengthened governance and operational discipline, with overall revenue increasing to approximately N$1.87 billion and profit after tax exceeding N$43 million. The corporation paid over N$1.13 billion directly to producers, with Agriculture Minister Inge Zaamwani saying the gains reflect the dedication of the Board, management, and staff as well as producer resilience.

24 February 2026 · New Era →

Tuesday 24 February

  1. Meatco reports 55% revenue rise, N$43m profit after tax

    Meatco's 2024/25 financial results show strengthened governance and operational discipline, with overall revenue increasing to approximately N$1.87 billion and profit after tax exceeding N$43 million. The corporation paid over N$1.13 billion directly to producers, with Agriculture Minister Inge Zaamwani saying the gains reflect the dedication of the Board, management, and staff as well as producer resilience.

    24 February 2026 · New Era →

  2. Namibia to cull cattle illegally vaccinated against FMD

    The chief veterinary officer warned that cattle found to have been illegally vaccinated against foot and mouth disease will be culled, as vaccination south of the veterinary cordon fence would cost Namibia its FMD-free status and access to international beef markets. Recent FMD outbreaks in South Africa and Botswana have prompted increased surveillance in Namibian border regions.

    24 February 2026 · The Namibian →

Monday 23 February

  1. Agriculture minister calls for FMD vigilance as Meatco reports profit

    Minister of Agriculture Inge Zaamwani has called for continued reforms and heightened vigilance against Foot and Mouth Disease as the Meat Corporation of Namibia advances its recovery, announcing a profit of approximately N$106 million for the year ended 31 January 2025 after several years of losses. The minister described Meatco as strategically important to achieving the agri-food sector's target contribution of 6% to GDP by 2030 and emphasized that financial stability is critical for farmer confidence, market security and Namibia's export reputation.

    23 February 2026 · New Era →

Saturday 21 February

  1. Meatco shows progress; FMD prevention critical for markets

    Agriculture Minister Inge Zaamwani told Meatco's Annual General Meeting that Namibia's livestock sector is improving in governance and financial stability, with the corporation targeting a 6% contribution to GDP by 2030. Zaamwani emphasized that Foot-and-Mouth Disease prevention is a national responsibility requiring vigilance from producers, transporters, and officials, as FMD threatens trade and Namibia's reputation as a quality beef producer.

    21 February 2026 · Informanté →

Thursday 19 February

  1. Meatco reports strong turnaround with N$106 million operating profit

    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 →

Wednesday 18 February

  1. Meatco reports profit after five years of consecutive losses

    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 →

Tuesday 17 February

  1. Meatco AGM to showcase financial recovery and governance reforms

    Meatco's annual general meeting on Friday will present audited financial results for the year ended 31 January 2025, showing revenue of almost N$1.9 billion (up from N$1.203 billion) and an operating profit of approximately N$106 million, reversing five consecutive years of losses. The company's recovery is underpinned by a Board-approved turnaround plan focused on financial stability, governance, market development, operational efficiency, and producer prices.

    17 February 2026 · New Era →

Wednesday 11 February

  1. Government asserts readiness for foot-and-mouth disease threat

    The Ministry of Agriculture says Namibia's animal health systems are prepared to respond to foot-and-mouth disease risks from neighbouring countries experiencing outbreaks, and has implemented preventive measures including veterinary controls at ports of entry and a ban on meat and dairy imports from South Africa since September.

    11 February 2026 · The Namibian →

Tuesday 10 February

  1. Meatco clears producer arrears, offers highest prices in months

    Meatco has brought its books fully up to date and paid over N$696 million to livestock producers between November 2025 and January 2026, with no outstanding arrears. The corporation is offering its highest producer prices to date—N$68 to N$78 per kilogram—for the February to April 2026 period.

    10 February 2026 · New Era →

Sunday 8 February

  1. Red meat sector should be strategic priority in investment bill

    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 →

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