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Month: February 2012

Embassies receive premium lager

Namibia Breweries handed over 270 cases of Windhoek Lager for the 22nd independence anniversary to the 27 Namibian Embassies abroad as well as an additional 10 cases to the local foreign affairs representatives who support their...

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Local industries ask for protection

Local manufacturing companies are crying for government to procure more locally produced products and help boost their margins.  According to Hubertus Hamm, managing director of Namibian Dairies, low preferential government...

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Local disadvantage

Heiko Niedermeier, managing director of Neo Paints says local manufacturers battle to get their products on local retail shelves since they are excluded from rebate deals which major South African manufacturers make with large...

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Meat sector to grow considerably

The Bank of Namibia projects that the meat processing sector will grow by 3.0% contributing N$279 million to the gross domestic product (GDP) this year, up from N$255 million in 2011.Klaus Schade, an independent economist, says...

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BoN downgrades GDP growth for 2011

Months after revealing that it will be revising downwards its GDP estimate for 2011, the Bank of Namibia finally announced on Wednesday that it has downgraded its estimate of GDP growth in   the local economy to 3.8%...

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