By: Justicia Shipena
While Windhoek Draught maintains its position as the leading brand in Namibia, it has seen a decline in its market share.
Peter Simons, Managing Director of Namibia Breweries Limited (NBL), revealed this information during the company’s financial results announcement for the six-month period ending in December 2023.
Simons attributed the loss in Windhoek Draught’s market share to several factors, including pricing challenges and fluctuations in consumer income.
“Windhoek draught still remains the leading brand in Namibia but it has lost share. This has to do with some of the price challenges we had last year but also consumer confidence and consumer income,” he stated.
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