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Meatco’s mobile abbattoir pays out over N$5 million to farmers in the Kavango

Meatco’s mobile abbattoir pays out over N$5 million to farmers in the Kavango

Between March and October, Meatco’s Mobile Slaughter Unit managed to assist farmers in the Kavango East and West regions by paying a total of N$5,972,637.38 for B (50%) & C (50%) grade animals purchased.

The abattoir on wheels, which was introduced three years ago, continues to serve farmers who have quality marketable cattle in the area.

The total purchases mass over this same period was 377,397 kilograms while approximately 910 head of cattle were procured in the Northern Communal Area during the period under review.

Furthermore, year-to-date, Meatco has been paying producers an average price of N$ 6,563 per head of cattle while the average price per kilogram stood at N$ 15.83 live mass.

As from 18 November 2019, Meatco increased the purchase price of live weights (fat grades 2 and better) on all grades to N$ 19.00 per kilogram and similarly reduced the price of all lean carcasses (fat grades 0 & 1) to N$ 15.57 per kilogram.

According to Meatco’s Northern Communal Area Manager, Obed Kaatura, the mobile abattoir is still operating from Matumbo Ribebe, 50km east of Rundu in Kavango East Region. He added that Meatco is aware of the farmers’ outcry for its movement to other parts of the area, noting however, this move will be determined by cattle numbers and favourable climatic conditions going into the next year.

“Since we have both Uutapi and Oshakati abattoirs operating, Meatco is thus encouraging farmers in the Northern Communal Area to market their cattle through these facilities, which are also creating more marketing opportunities, in a bid to ultimately grow the industry,” Kaatura said.


About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

Following reverse listing, public can now acquire shareholding in Paratus Namibia


20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.