The Botswana Agricultural Marketing Board (BAMB) – Botswana

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.