Pork scheme increases production by 57%
Pork scheme increases production by 57%

Pork scheme increases production by 57%

Cindy Van Wyk
ELLANIE SMIT



WINDHOEK

A 57% increase in pork production has been observed since the introduction of the Pork Market Share Promotion Scheme (PMSPS), which was implemented in 2012.

The number of pigs slaughtered in Namibia has increased from 35 910 in 2012 to 44 885 last year.

This year, 36 847 pigs were slaughtered from January to October.

“Despite variability in prices and challenges with increasing feed costs, the pork sector has been stable in terms of production,” the Namibia Agricultural Union said.

Evidently, the pork scheme has stabilised the pork sector, the union added.

“Therefore, Namibia should look more into investing in the sector to realise its full potential.”

The PMSPS is aimed at ensuring that cheaper imports do not deprive local producers of their market.

Production costs are higher in Namibia than in South Africa, mainly because of easier access to significantly cheaper feed in the neighbouring country.

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Namibian Sun 2024-05-06

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 324.32/OZ UP +0.98% | Copper US$ 4.58/lb UP +1.06% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 84.07/BBP UP +0.69% | Platinum US$ 954.42/OZ DOWN -0.0015 Sport results: Premier League: Liverpool 4 vs 2 Tottenham Hotspur | Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth | Luton Town 1 vs 1 Everton LaLiga: Rayo Vallecano 0 vs 1 Almería | Sevilla 3 vs 0 Granada | Valencia 0 vs 1 Deportivo Alaves | Celta Vigo 3 vs 2 Villarreal | Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas | Getafe 0 vs 2 Athletic Club SerieA: AS Roma 1 vs 1 Juventus | AC Milan 3 vs 3 Genoa | Empoli 0 vs 0 Frosinone | Hellas Verona 2 vs 1 Fiorentina | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio | Torino 0 vs 0 Bologna European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 35° Rundu: 16° | 34° Eenhana: 14° | 34° Oshakati: 17° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 32° Otjiwarongo: 14° | 30° Omaruru: 15° | 32° Windhoek: 13° | 28° Gobabis: 16° | 29° Henties Bay: 13° | 19° Wind speed: 19km/h, Wind direction: S, Low tide: 08:09, High tide: 14:30, Low Tide: 20:18, High tide: 02:00 Swakopmund: 15° | 17° Wind speed: 20km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:28, Low Tide: 20:16, High tide: 02:00 Walvis Bay: 14° | 21° Wind speed: 25km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:27, Low Tide: 20:16, High tide: 02:00 Rehoboth: 15° | 29° Mariental: 16° | 31° Keetmanshoop: 17° | 31° Aranos: 18° | 31° Lüderitz: 13° | 22° Ariamsvlei: 17° | 34° Oranjemund: 12° | 20° Luanda: 25° | 29° Gaborone: 15° | 30° Lubumbashi: 16° | 27° Mbabane: 14° | 28° Maseru: 10° | 25° Antananarivo: 10° | 22° Lilongwe: 17° | 29° Maputo: 18° | 30° Windhoek: 13° | 28° Cape Town: 15° | 16° Durban: 18° | 29° Johannesburg: 16° | 25° Dar es Salaam: 22° | 30° Lusaka: 19° | 30° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.17 | EUR to NAD 19.89 | CNY to NAD 2.56 | USD to NAD 18.46 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.92 | USD to AOA 834.06 | USD to BWP 13.62 | USD to EGP 47.9 | USD to KES 133.48 | USD to NGN 1380 | USD to ZAR 18.46 | USD to ZMW 27.07 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +3.34% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 324.32/OZ UP +0.98% | Copper US$ 4.58/lb UP +1.06% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 84.07/BBP UP +0.69% | Platinum US$ 954.42/OZ DOWN -0.0015