Tridge summary
The Botswana Agricultural Marketing Board (BAMB) anticipates a good harvest this season with a surplus of sorghum and beans. The board's silos can hold 40,000 metric tonnes of sorghum, with an expected additional 20,000 to 25,000 metric tonnes. BAMB's expenditure on buying grain from farmers is projected to increase significantly, from P160 million last year to P400 million this year, indicating a 118% growth. The board is also providing support to smaller farmers who were not contracted by BAMB.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Gaborone — Botswana Agricultural Marketing Board (BAMB) Chief Executive Officer, Mr Leonard Morakaladi says this season's harvest outlook is good. Briefing the media in Gaborone on Saturday Mr Morakaladi said BAMB's silos had capacity to hold 40 000 metric tonnes of sorghum and the board was anticipating extra 20 000 to 25 000 metric tonnes. Mr Morakaladi added that the country consumed close to 35 000 to 40 000 metric tonnes of sorghum hence there was surplus of sorghum. The country also has a surplus in beans, that would normally be traded with partners across the border. He said this year they received good surplus of grains because of farmers efforts. "We are looking at net effect of 118 per cent growth compared to last year. We are looking at spending around P400 million buying grain from farmers, compared to last year's expenditure of about P160 million which really shows the growth that we have experienced in this particular season," said Mr Morakaladi. He said the growth ...
Source: All Africa
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