It has come to light that Meatco has been selling its products at significantly cheaper prices on the international market compared to its local competitors.

The company is bleeding financially and is being bailed out by the government regularly.

The Bank of Namibia, in a damning report to the Minister of Finance and Public Enterprises, estimates that Meatco's revenue was N$4 billion less than its local competitors, which export meat to the same market, between 2018 and 2023.