04
Apr
Namibia Breweries Limited plans to join the Heineken global platform in the next 12 months to enable the company to leverage scale for cost benefits in packaging and raw material as legacy contracts conclude. Heineken International, acquired majority control of Namibia Breweries in 2021 in a deal estimated at around N$6.56 billion. The move to join the Heineken global platform, comes at a time when revenue from beer sales in Namibia decreased, compounded by a steep decline in revenue contribution from South Africa, driven by aggressive pricing tactics from competitors, according to NBL’s consolidated results for the six months ended…