NBL half-year profit falls to N$222m as South African exports drop

NAMPA
2026-09-28
WINDHOEK, 28 September 2026 - Namibia Breweries Limited (NBL) says its half-year operating profit fell to N$222 million from N$279 million after the end of its minimum supply arrangement with Heineken Beverages South Africa cut beer exports to that market by 38.2%. Pictured are Waldemar von Lieres, Managing Director and Willem Bierens de Haan, Finance Director. (Photo: Contributed) WINDHOEK, 28 September 2026 - Namibia Breweries Limited (NBL) says its half-year operating profit fell to N$222 million from N$279 million after the end of its minimum supply arrangement with Heineken Beverages South Africa cut beer exports to that market by 38.2%. Pictured are Waldemar von Lieres, Managing Director and Willem Bierens de Haan, Finance Director. (Photo: Contributed)
WINDHOEK, 28 SEP (NAMPA) - Namibia Breweries Limited (NBL) says its half-year operating profit fell to N$222 million from N$279 million after its minimum supply arrangement with Heineken Beverages South Africa ended, which cut beer exports to that market by 38.2%.
Speaking at a media briefing on Monday, NBL Managing Director (MD) Waldemar von Lieres said the company had kept its momentum despite the pressure.
“The resilience and relentless drive...
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