Meatco to shed jobs
The troubled meat exporter is hit by a scarcity of cattle and needs to lay off some workers to preserve itself.
ELLANIE SMIT
WINDHOEK
One of the critical issues Meatco has highlighted to move the company forward is to reduce employees to have a structure that would respond to the lower numbers of cattle that they are expecting in the next financial year.
The company says throughput will definitely continue to be problematic.
“We need to make sure that we deal with this through serious investment in building up the national herd, and especially through the retention of weaners in the country and raising them.”
Meatco adds that they need a leaner structure within the organisation.
Lean time
“We have to right-size the business and cut down on inefficiencies. We will reduce the number of employees, so that we align the number of employees with throughput and have a structure that would respond to the lower numbers of cattle that we expect to get in the next financial year.”
This is according to the 2020/2021 Annual Report of Meatco.
The company adds that it will also continue enhancing its relationship with the government as a key stakeholder.
“Government regulates the legislation and should help us to make sure that we create a more conducive environment in the volatile, uncertain, chaotic and ambiguous world we are operating in.”
Furthermore, Meatco says it will keep on engaging with the world to open new markets, enabling it to diversify and remain resilient.
“We need to let the world know that Meatco has the best red meat cuts than any other country in Africa that we can offer the world,” the report reads.
The company says it will also make sure that it penetrates the African market through the African Continental Free Trade Area (AfCFTA) agreement, and bring the Northern Communal Areas into the mainstream of the economy.
In addition, Meatco says it needs to maximise producer returns to all the farmers in the country, whilst maximising the realisation from its markets.
“Those will be critical issues that we will have to drive, moving forward.”
WINDHOEK
One of the critical issues Meatco has highlighted to move the company forward is to reduce employees to have a structure that would respond to the lower numbers of cattle that they are expecting in the next financial year.
The company says throughput will definitely continue to be problematic.
“We need to make sure that we deal with this through serious investment in building up the national herd, and especially through the retention of weaners in the country and raising them.”
Meatco adds that they need a leaner structure within the organisation.
Lean time
“We have to right-size the business and cut down on inefficiencies. We will reduce the number of employees, so that we align the number of employees with throughput and have a structure that would respond to the lower numbers of cattle that we expect to get in the next financial year.”
This is according to the 2020/2021 Annual Report of Meatco.
The company adds that it will also continue enhancing its relationship with the government as a key stakeholder.
“Government regulates the legislation and should help us to make sure that we create a more conducive environment in the volatile, uncertain, chaotic and ambiguous world we are operating in.”
Furthermore, Meatco says it will keep on engaging with the world to open new markets, enabling it to diversify and remain resilient.
“We need to let the world know that Meatco has the best red meat cuts than any other country in Africa that we can offer the world,” the report reads.
The company says it will also make sure that it penetrates the African market through the African Continental Free Trade Area (AfCFTA) agreement, and bring the Northern Communal Areas into the mainstream of the economy.
In addition, Meatco says it needs to maximise producer returns to all the farmers in the country, whilst maximising the realisation from its markets.
“Those will be critical issues that we will have to drive, moving forward.”
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