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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Meat Corporation

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Background

Business / Economics

19 July 2024 Morning Biz News: Financial News Roundup: Meatco’s Turnaround Concerns, South African Repo Rate Unchanged, Naira Depreciates, and Dollar Steady Amid Fed Speculation

1. Meat Corporation Turnaround Strategy Under Scrutiny Finance and Public Enterprises Minister Iipumbu Shiimi has voiced concerns over the Meat Corporation's (Meatco) turnaround strategy, according to The Brief. Despite the government injecting N$1 billion in subsidies over the past three years, Shiimi is dissatisfied with the company's lack of substantial progress. The effectiveness of the turnaround plan remains a key issue, with expectations for better performance and return on investment […]

todayJuly 19, 2024 16

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