All data is delayed
See More

Botswana beef a bonus for consumers

Aug 07 2012 10:38
Cape Town - The 3 500 tonne shipment of beef from Botswana expected to hit the South African meat market will be a boon to consumers but may not have SA beef producers jumping for joy.

The Red Meat Producers' Organisation maintains that the imports will have a "drastic impact" on local producers, Bizcommunity quoted a report by Financial Mail.

"It is good news for local consumers," FM quotes the organisation's CEO Gerhard Schutte as saying.

"Greater supply will obviously bring down prices."

Although regional Southern African Development Community agreements allow for unlimited beef imports to SA, Botswana beef prices will be closely monitored.

Schutte said his organisation has put measures in place to make sure no dumping occurs.

The fact that production costs in Botswana are lower than those of SA is an "issue of competition", said Schutte.

Botswana's meat trade with the European Union has been hit by an outbreak of foot-and-mouth disease, while the sluggish global economy and exchange fluctuations have also played their part.

*Follow Fin24 on Twitter, Facebook and Google+.
botswana  |  beef


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote