The Office of the Prime Minister has settled N$28 million owed to livestock producers under the 2024/25 Drought Relief Programme, ending delays in payments to farmers who supplied animals during last year’s drought.
The Meat Corporation of Namibia said the funds were released by the Ministry of Agriculture, Fisheries, Water and Land Reform on 27 January 2026, clearing outstanding obligations to producers who participated in the government’s drought support programme.
The meat processor said the payments relate to livestock procured to support food security during one of the most severe droughts in recent years.
Meatco said the settlement was made under the leadership of the Office of the Prime Minister and welcomed the intervention as timely relief for affected producers, particularly those in vulnerable communal areas.
“The settlement of these outstanding payments is not only an important financial milestone for producers, but also a confidence-building measure for the broader red meat value chain,” said Meatco Interim Chief Executive Officer Albertus Aochamub.
He said the payments reinforce trust at a time when restoring credibility and predictability is central to Meatco’s recovery efforts.
Aochamub said Meatco is implementing its board-approved turnaround plan through to 2027, with rebuilding trust among producers, government, financiers and trading partners identified as a key priority. He said timely settlement of producer obligations remains central to stabilising the company and the wider livestock industry.
Meatco said it will continue to work with government and stakeholders to support communal and commercial producers and strengthen the resilience of Namibia’s red meat sector.
