20 June, 2007

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.

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