The Botswana Agricultural Marketing Board (BAMB) – Botswana

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Africa Business (Only African Businesses) Category: GOV. DEP. & POI and MINISTRY AND GOVERNMENTAfrica Business (Only African Businesses) Tags: Agriculture, Botswana, Business, Government, POI and The Botswana Agricultural Marketing Board (BAMB)

  • Profile

    The Botswana Agricultural Marketing Board (BAMB) is mandated to provide a market for locally grown crops,ensure adequate supplies at affordable prices.

    OUR MANDATE

    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.

    OUR VISION

    • To lead, to empower and grow the market for grain.

    OUR MISSION

    • To provide a stable grain market that is efficient and fair, in support of national food security.
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