Namibia: Namibia Breweries to invest N$65 mil in plant
Namibia Breweries, which brews Heineken beer for the southern African market, will invest at least N$65 million in its manufacturing plant this year, according to Bloomberg, June 20.
The brewer plans to expand in neighbouring Angola and Zambia.
The company spent N$65 million on its plant in Windhoek last year. It posted an 11 percent rise in sales to N$565.6 million in the six months to December.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .