The Botswana Agricultural Marketing Board (BAMB) is mandated to provide a market for locally grown crops,ensure adequate supplies at affordable prices.
The Botswana Agricultural Marketing Board (BAMB) was established by an Act of Parliament, No. 2 of 1974 mandated to provide a market for locally grown scheduled crops such as cereals, pulses/beans and oilseeds, and ensure that adequate supplies exist for sale to customers at affordable prices.
Powers of BAMB – conferred by the Act
Set prices for purchase or sale of produce
Import or export any scheduled produce
Arrange for transport, storage, processing and sale of scheduled produce
Enter into any transaction which, in the Board’s opinion, will facilitate proper discharge of its functions.
The Act also requires BAMB
To cover its operating costs from revenue generated from its trading activities
Establish a Stabilization Fund through a Parliamentary appropriation – primarily to stabilize prices.
To lead, to empower and grow the market for grain.
To provide a stable grain market that is efficient and fair, in support of national food security.
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