08 Sep 2016 10:00am
WINDHOEK, 08 SEP (NAMPA) - The Meat Board of Namibia has granted an additional export quota of 400 tonnes to Meatco for the Norwegian market.
The Meat Corporation of Namibia (Meatco) in a media statement issued last week commended the decision, noting that the additional quota will go a long way in supporting producer prices during this drought year.
Meatco welcomes this reallocation as we are best positioned to extract the maximum benefit for Namibia and our livestock producers. By the end of June 2016, we already used 56 per cent of the annual quota of 1 200 metric tonnes allocated to us, it said.
The current allocation of the Norway export quota is 1 600 tonnes.
The Ministry of Industrialisation, Trade and SME development allocated the unused Norwegian quota for the period January to June 2016 to Meatco. The company fully utilised their allocation for the first six months of 2016 and thus qualifies to take up the unused quota, according to the Meat Board.
The quota is allocated according to principles set by the minister on 30 November 2015.
The unused quota of 400 tonnes was originally allocated to Witvlei Abattoir and Brukkaros Meat Processors. The companies could however not deliver their share of the quota before the deadline of 30 June 2016.
Witvlei Meat took Agribank to the High Court earlier this year, requesting the court to restore possession of its premises after the bank took possession of the abattoir. Brukkaros Meat Processors did not apply for the quota.
Meatco said the allocation of the much-needed quota was done in time for beef products to be produced and shipped before 24 October. This 2016 quota will come to an end of December.
The meat corporation however also raised the concern that if Namibia is not able to fully utilise the quota, it will place government in a difficult position to request a quota expansion in future.
In addition to the increased volumes to Norway, Meatco will also earn more from its recently secured new export markets in the United States of America and China.
Namibias beef industry is worth in excess of N.dollars 2.4 billion annually and with the addition of the new markets, this amount is set to increase.