Tuesday, November 10, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

Meatco targets N$365m in Norwegian beef exports after securing additional quota

by reporter
July 28, 2026
in Latest
9
A A
Box of Nature's Reserve Namibian beef, labeled 'Pasture Raised' with logos and product branding visible on a dark package.

The Meat Corporation of Namibia (Meatco) expects to generate about N$365 million in export earnings from the Norwegian market this year after securing an additional beef export quota through a government-to-government agreement between Namibia and Botswana.

The additional allocation follows Meatco’s full utilisation of its initial 2026 Norwegian beef quota by the end of June, around five months earlier than last year, when the allocation was only exhausted in November.

According to Meatco, the initial quota is expected to generate about N$265 million in export earnings. Namibia has since secured an additional 344,766 kilograms of Norwegian beef quota under the Southern African Customs Union-European Free Trade Association (SACU-EFTA) quota-sharing framework, which is projected to generate a further N$100 million.

The combined value of Meatco’s Norwegian beef exports for 2026 is therefore expected to reach approximately N$365 million.

The company said the achievement reflects stronger commercial performance, growing international demand for premium Namibian beef and efforts to maximise returns from high-value export markets despite weaker market conditions in the European Union and South Africa.

Under Namibia’s Cabinet-approved quota management framework, Meatco receives 75% of the country’s annual Norwegian beef quota, while Beefcor receives the remaining 25%.

Following the early exhaustion of Meatco’s allocation, the governments of Namibia and Botswana reached an agreement allowing Namibia to utilise part of Botswana’s unused Norwegian quota.

Botswana made 459,688 kilograms of its remaining quota available, with 344,766 kilograms allocated to Meatco in line with Namibia’s quota-sharing formula.

Meatco Interim Chief Executive Officer Ambassador Albertus Aochamub said fully utilising the quota by June demonstrates the continued demand for premium Namibian beef in international markets.

“Fully utilising our Norwegian quota by June is a significant milestone for Namibia’s beef industry and demonstrates the continued confidence that international customers place in premium Namibian beef. It also reflects Meatco’s stronger commercial execution and our focus on maximising value from premium export markets,” he said.

Aochamub welcomed the agreement between Namibia and Botswana, saying it would allow the country to derive additional value from one of its most lucrative export markets.

He said Meatco aims to fully utilise the additional allocation before 31 December 2026 and thanked the governments of Namibia and Botswana, the Ministry of International Relations and Trade, and the Botswana Meat Commission for facilitating the arrangement.

Norway remains one of Namibia’s highest-value beef export destinations, with the market recognising the country’s high standards in animal health, traceability, food safety and sustainable livestock production.

Meatco said it will continue expanding access to premium international markets to improve returns for livestock producers, strengthen Namibia’s export competitiveness and support economic growth.

author avatar
reporter
See Full Bio
Previous Post

Namibia hosts African quantity surveyors to drive construction innovation

Next Post

The FMCG cartel and the fight for fair labour  

Must Read

Smiling man in a dark suit with a polka-dot tie, portrait against a white background
Latest

Alexforbes receives two honours at 2026 Africa Global Fund Service Providers Awards

November 10, 2026
Four professionals stand in a conference room, each holding a green training booklet during a formal event. Flags and curtains visible in the background.
Latest

Export readiness, trade finance constraints hinder Namibia’s AfCFTA participation

November 9, 2026
Local NSX trade value drops to N$129 million despite market gains
Latest

Tharisa secures secondary listing on Namibia Securities Exchange

November 9, 2026
President demands action on high bank fees and financial exclusion
Latest

New housing projects must be matched by expanded water and sewerage infrastructure

November 9, 2026
African woman wearing a blue headwrap and striped scarf speaks at a podium with microphones, flags in the background.
Latest

Nandi-Ndaitwah questions hiring of foreigners for jobs Namibians can do

November 8, 2026
Male graduate in cap and gown delivering a speech at a podium on a red stage curtain backdrop; a video camera records nearby
Latest

Vocational graduates challenged to become job creators, not job seekers

November 6, 2026
Load More

Related News

The unsung architects of investment: Strategic communication is Namibia’s next mining and energy gold rush

Leading with purpose: Adopting the Singapore style for 2026

February 16, 2026
Namibia slips on attractive mining investment destination rankings

Namibia slips on attractive mining investment destination rankings

April 14, 2022
FirstRand Namibia posts 10.8% rise in headline earnings to N$926 million

FirstRand Namibia posts 10.8% rise in headline earnings to N$926 million

February 26, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.