Facebook Feed

  • VACANCY: IDMJanuary 30, 2023
     QUALITY ASSURANCE COORDINATOR  (3 YEARS FIXED CONTRACT)   Closing Date: 10 February 2023 
  • VACANCIES: Naledi Mining Services Company (NMSC)January 30, 2023
    Mining Manager – Operations _ 5 Year FTC Information Management Analyst_ 5 Year FTC Safety & Health Coordinator _ 5 Year FTC Human Resources Officer_ 5 Year FTC Maintenance Technician _ 3 Year FTC Maintenance Artisan – Fitter _ […]
  • WE ARE HIRING: Choppies Distribution Centre (Pty) LtdJanuary 30, 2023
    Commercial And Systems Manager Closing Date: 11th February 2023
  • Killings of journalists up 50% in 2022, half targeted off duty    January 25, 2023
    Eighty-six journalists and media workers were killed around the world in 2022 – one every four days, according to UNESCO data, highlighting the grave risks and vulnerabilities that journalists continue to face in the course of their work.   […]
  • Judge Tau; please don’t stifle public scrutiny of the Court of AppealJanuary 25, 2023
    Her utterances are misplaced and must be condemned with the contempt it deserves ADAM PHETLHE The Patriot on Sunday dated 15 January 2022 carried an article titled ‘Judge Tau defends CoA Integrity’, with sub-headings “Complains of discrediting reckless statements; […]
  • About Us
  • Advertise
  • Disclaimer
  • Contact Us
  • Login
  • Register
Monday, January 30, 2023
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

BAMB on new path

patriot by patriot
February 5, 2021
in Business
242 10
0
BAMB on new path
491
SHARES
1.4k
VIEWS
ShareShareShare

·    Resorts to innovative farming techniques

·    BAMB revenues 14% up

·    Strong collections recovers over P120m

The Botswana Marketing Board (BAMB) CEO, Leonard Morakaladi says prolonged droughts that result with low harvest has left them with no option but to resort to innovation and digitalisation approaches towards farming to mitigate the challenges.

Morakaladi said this when giving an overview of BAMB financial results for the 2019/20 which showed that the organisation’s total revenues were up 14.9% despite the low harvest yields.

He said the organisation has benchmarked in Israel and Brazil on the innovative agricultural processes to counter unpredictable climate change conditions like droughts.

He cited the drone breakthrough project in the Pandamatenga farms as part of their innovative interventions.

According to Morakaladi, the drone project will help to fight infestation of destructive pests such as Quelea Bird (Thaga) and antelopes which are big problems to farmers.

Another form of technology disruption is in pests and diseases surveillance comprising of soil mapping, Internet of Things and Macro Agricultural Intelligence.

“The current farming environment is faced with lot of challenges that results in low yield production, hence forcing farmers to import for supplement abroad. We need to adopt new farming technologies for long term sustainability,” said Morakaladi.

With regard to live stock management the laser ear tag labeling technology for branding livestock has been introduced and services are said to be available across all BAMB branches.

Despite challenges, Morakaladi said the profits went up because of strengthened relationships with key clients.

Gearings reduced by 40% while the receivables also declined by 25% with provisional profit of P7.7 million recorded.

BAMB, according to Morakaladi, also recovered over P120 million due to strengthened collections. Credit exposure decreased from P278 million to P165 million.

He said the board focused its energies and all available cash resources towards repayment of its credit facilities with lenders. Moreover, the grain purchases were mainly driven by maize accounting to 69% of sale. He said due to low production because of drought, Botswana is likely to experience a serious food shortage.

Related

Tags: BAMB

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
  • VACANCY: IDMJanuary 30, 2023
     QUALITY ASSURANCE COORDINATOR  (3 YEARS FIXED CONTRACT)   Closing Date: 10 February 2023 
  • VACANCIES: Naledi Mining Services Company (NMSC)January 30, 2023
    Mining Manager – Operations _ 5 Year FTC Information Management Analyst_ 5 Year FTC Safety & Health Coordinator _ 5 Year FTC Human Resources Officer_ 5 Year FTC Maintenance Technician _ 3 Year FTC Maintenance Artisan – Fitter _ […]
  • WE ARE HIRING: Choppies Distribution Centre (Pty) LtdJanuary 30, 2023
    Commercial And Systems Manager Closing Date: 11th February 2023
  • Killings of journalists up 50% in 2022, half targeted off duty    January 25, 2023
    Eighty-six journalists and media workers were killed around the world in 2022 – one every four days, according to UNESCO data, highlighting the grave risks and vulnerabilities that journalists continue to face in the course of their work.   […]
  • Judge Tau; please don’t stifle public scrutiny of the Court of AppealJanuary 25, 2023
    Her utterances are misplaced and must be condemned with the contempt it deserves ADAM PHETLHE The Patriot on Sunday dated 15 January 2022 carried an article titled ‘Judge Tau defends CoA Integrity’, with sub-headings “Complains of discrediting reckless statements; […]
The Patriot On Sunday

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?