{"id":24171,"date":"2023-03-19T15:05:01","date_gmt":"2023-03-19T15:05:01","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=24171"},"modified":"2023-03-20T06:01:10","modified_gmt":"2023-03-20T06:01:10","slug":"no-standardised-livestock-prices-in-botswana","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana","title":{"rendered":"NO STANDARDISED LIVESTOCK PRICES IN BOTSWANA"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Botswana is a free market economy, hence there is no standardised price for cattle, goats, sheep and other livestock.<\/b><\/p>\n

This was said by Minister of Agriculture, Mr Fidelis Molao in Parliament recently.<\/p>\n

\u201cThe local market is determined by economic forces of supply and demand. The ministry does not have any instrument to regulate and set a standard price for the sale of cattle,\u201d Mr Molao said.<\/p>\n

He said farmers were at liberty to set their open livestock selling prices, adding that prices fluctuated based on the willingness of consumers to meet the set prices.<\/p>\n

Also, Mr Molao said there was no intention to regulate beef or meat prices because of the country\u2019s free market economy status. Nonetheless, he said government had approved the establishment of the Meat Industry Regulator Authority (MIRA), to promote the interest of the meet industry in order to ensure profitability, sustainability and competiveness of the livestock and meat industry, not to regulate prices.<\/p>\n

He said MIRA would perform its mandate through accelerating innovation and research and development across the industry value chain.<\/p>\n

Serowe South legislator, Mr Leepetswe Lesedi had wanted to know why there were no standardised prices for the sale of livestock, especially cattle.<\/p>\n

Mr Lesedi had also wanted to know interventions by the ministry to regulate and set a standard price for the sale of cattle because in some regions they were sold higher than their value, whereas in other part of the country they were sold at a lower price.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Botswana is a free market economy, hence there is no standardised price for cattle, goats, sheep and other livestock. This was said by Minister of Agriculture, Mr Fidelis Molao in Parliament recently. \u201cThe local market is determined by economic forces of supply and demand. The ministry does not have any instrument to […]<\/p>\n","protected":false},"author":84,"featured_media":24170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,237,234],"class_list":["post-24171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nNO STANDARDISED LIVESTOCK PRICES IN BOTSWANA - Botswana<\/title>\n<meta name=\"description\" content=\"Botswana is a free market economy, hence there is no standardised price for cattle, goats, sheep and other livestock. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NO STANDARDISED LIVESTOCK PRICES IN BOTSWANA\" \/>\n<meta property=\"og:description\" content=\"Botswana is a free market economy, hence there is no standardised price for cattle, goats, sheep and other livestock. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-19T15:05:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-20T06:01:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/03\/postQueueImg_1679223758.36.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NO STANDARDISED LIVESTOCK PRICES IN BOTSWANA\",\"datePublished\":\"2023-03-19T15:05:01+00:00\",\"dateModified\":\"2023-03-20T06:01:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\"},\"wordCount\":266,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/03\/postQueueImg_1679223758.36.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/no-standardised-livestock-prices-in-botswana\",\"name\":\"NO STANDARDISED LIVESTOCK PRICES IN BOTSWANA - 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