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CHEERS: Industrialisation minister Lucia Iipumbu holds a Lion Lager produced and bottled in Namibia as AB InBev staff members look on. PHOTO: CONTRIBUTED
CHEERS: Industrialisation minister Lucia Iipumbu holds a Lion Lager produced and bottled in Namibia as AB InBev staff members look on. PHOTO: CONTRIBUTED

Welwitschia plant gears for expansion

Doubled capacity
Ab Inbev Namibia has announced plans to expand its brewing plant in Okahandja by another 50 000 hectolitres, or 5 million litres.
Ogone Tlhage
Ab Inbev Namibia, the brewer of Black Label and Castle Lager, plans to expand its Welwitschia Brewing Plant in Okahandja by another 50 000 hectolitres, or 5 million litres, as it gears up for more growth.

The announcement was made by AB Inbev country manager Kevin Louw, who said it forms part of the world’s biggest beer brewing company’s strategic intent to grow its portfolio.

Louw made the comments following the launch on Wednesday of the production line of the Lion Lager beer brand, which is now being brewed and bottled in Namibia.

“AB InBev Namibia plans to grow its local brands through increasing its production capacity by constructing two additional tanks and has further already secured land for the future expansion of its brewery,” said Louw.

According to Louw, AB InBev Namibia invested over N$12 million in the local production of Lion Lager and will invest over N$60 million in its production for the next five years. With this local production, AB InBev Namibia is expecting more growth for the brand and its beer portfolio and expects to enhance its market position and consumer engagement.

Production line to bolster GDP

Industrialisation minister Lucia Iipumbu said the launch of the Lion Lager production line augurs well for Namibia’s drive to become an industrialised country.

“Our National Development Plan (NDP5) and Vision 2030 drive home the importance of local production as Namibia aspires to become an industrialised nation. The local production of Lion Lager is a perfect example of how structural transformation through value-added industrialisation, particularly in the manufacturing sector, can drive this ambition,” said Iipumbu.

The launch of the production line will also aid in growing Namibia’s gross domestic product (GDP), Iipumbu said.

“By 2022, Namibia’s general manufacturing sector has grown significantly, contributing over 20.6 billion to our GDP. Initiatives like today’s launch will further bolster this sector, supporting the government’s goals of sustainable economic growth and industrialisation,” she said.

The ministry of industrialisation was supporting efforts to create an enabling environment for businesses to grow, Iipumbu said.

“The government, through the ministry of industrialisation remains committed to creating an enabling environment for businesses to thrive. We will continue to work closely with private sector players such as yourselves to strengthen our manufacturing sector, enhance competitiveness, and ensure that Namibia’s industrial sector is a key driver of economic growth and job creation,” Iipumbu said.

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Allgemeine Zeitung 2024-10-12

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Katima Mulilo: 17° | 36° Rundu: 17° | 35° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 20° | 37° Tsumeb: 23° | 34° Otjiwarongo: 19° | 33° Omaruru: 23° | 37° Windhoek: 20° | 33° Gobabis: 21° | 33° Henties Bay: 13° | 19° Wind speed: 22km/h, Wind direction: S, Low tide: 04:48, High tide: 11:26, Low Tide: 17:44, High tide: 00:02 Swakopmund: 14° | 16° Wind speed: 30km/h, Wind direction: SW, Low tide: 04:46, High tide: 11:24, Low Tide: 17:42, High tide: 00:00 Walvis Bay: 14° | 23° Wind speed: 39km/h, Wind direction: SW, Low tide: 04:46, High tide: 11:23, Low Tide: 17:42, High tide: 23:59 Rehoboth: 20° | 34° Mariental: 23° | 38° Keetmanshoop: 22° | 38° Aranos: 21° | 37° Lüderitz: 15° | 30° Ariamsvlei: 23° | 39° Oranjemund: 13° | 20° Luanda: 24° | 25° Gaborone: 21° | 35° Lubumbashi: 18° | 33° Mbabane: 16° | 32° Maseru: 17° | 32° Antananarivo: 10° | 27° Lilongwe: 22° | 32° Maputo: 20° | 33° Windhoek: 20° | 33° Cape Town: 14° | 21° Durban: 18° | 25° Johannesburg: 20° | 31° Dar es Salaam: 24° | 30° Lusaka: 20° | 32° Harare: 18° | 31° Currency: GBP to NAD 22.69 | EUR to NAD 19.02 | CNY to NAD 2.46 | USD to NAD 17.39 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.09 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.83 | USD to AOA 909.1 | USD to BWP 13.28 | USD to EGP 48.53 | USD to KES 128.5 | USD to NGN 1625.33 | USD to ZAR 17.39 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1854.97 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14102.73 Down -0.33% | Egyptian Exchange (EGX) 30 Index 30762.32 Down -1.33% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 657.18/OZ UP +0.91% | Copper US$ 4.47/lb UP +1.10% | Zinc US$ 3 171.30/T DOWN -0.03% | Brent Crude Oil US$ 79.33/BBP DOWN -0.0052 | Platinum US$ 984.46/OZ UP +1.35% Sport results: Weather: Katima Mulilo: 17° | 36° Rundu: 17° | 35° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 20° | 37° Tsumeb: 23° | 34° Otjiwarongo: 19° | 33° Omaruru: 23° | 37° Windhoek: 20° | 33° Gobabis: 21° | 33° Henties Bay: 13° | 19° Wind speed: 22km/h, Wind direction: S, Low tide: 04:48, High tide: 11:26, Low Tide: 17:44, High tide: 00:02 Swakopmund: 14° | 16° Wind speed: 30km/h, Wind direction: SW, Low tide: 04:46, High tide: 11:24, Low Tide: 17:42, High tide: 00:00 Walvis Bay: 14° | 23° Wind speed: 39km/h, Wind direction: SW, Low tide: 04:46, High tide: 11:23, Low Tide: 17:42, High tide: 23:59 Rehoboth: 20° | 34° Mariental: 23° | 38° Keetmanshoop: 22° | 38° Aranos: 21° | 37° Lüderitz: 15° | 30° Ariamsvlei: 23° | 39° Oranjemund: 13° | 20° Luanda: 24° | 25° Gaborone: 21° | 35° Lubumbashi: 18° | 33° Mbabane: 16° | 32° Maseru: 17° | 32° Antananarivo: 10° | 27° Lilongwe: 22° | 32° Maputo: 20° | 33° Windhoek: 20° | 33° Cape Town: 14° | 21° Durban: 18° | 25° Johannesburg: 20° | 31° Dar es Salaam: 24° | 30° Lusaka: 20° | 32° Harare: 18° | 31° Economic Indicators: Currency: GBP to NAD 22.69 | EUR to NAD 19.02 | CNY to NAD 2.46 | USD to NAD 17.39 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.09 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.83 | USD to AOA 909.1 | USD to BWP 13.28 | USD to EGP 48.53 | USD to KES 128.5 | USD to NGN 1625.33 | USD to ZAR 17.39 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1854.97 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14102.73 Down -0.33% | Egyptian Exchange (EGX) 30 Index 30762.32 Down -1.33% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 657.18/OZ UP +0.91% | Copper US$ 4.47/lb UP +1.10% | Zinc US$ 3 171.30/T DOWN -0.03% | Brent Crude Oil US$ 79.33/BBP DOWN -0.0052 | Platinum US$ 984.46/OZ UP +1.35%