MeatCo says it has introduced a number of reforms and restructuring to remain afloat, despite natural calamities which affected the livestock sector.

Inadequate markets for livestock in the Northern Communal Areas still pose a serious challenge to farmers within the Red Line.

The Namibian National Farmers Union's Executive Officer, Kuniberth Shamathe, says weaner buyers are offering low prices to producers across the country.

The police in Kavango West are investigating a stock theft case suspected to involve Meatco officials.

Meatco has introduced strategies to improve its performance and income by exploring new export markets for the country's meat and meat products.

The state-owned company has been swimming in debt over the last few years and has been operating mainly on bank overdrafts.