Local beef sales cannot save Meatco
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The Meat Corporation of Namibia reports that selling beef locally will not replace the income lost from international exports. These losses follow an outbreak of foot-and-mouth disease. The company is currently struggling to pay farmers for their cattle. It is also finding it difficult to cover its other expenses.
The Meat Corporation of Namibia (Meatco) says selling beef locally will not generate enough money to replace the income it has lost from international exports following the foot-and-mouth disease (FMD) outbreak.The company says it is struggling to pay farmers for their cattle and cover its…