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BMI View: We maintain a positive outlook for Namibia's food and drink
industry owing to the country's well-developed market that will drive
investment. The stability of the political and economic environment will make
Namibia an attractive regional market. The gradual rise in inflation will lower
consumer spending, although industry growth will remain relatively strong.
Key Trends & Industry Developments
■ Food sales will benefit from positive economic growth, decreasing unemployment
and increasing household spending.
■ Namibia's growing tourism sector will boost growth in the coffee, tea and
other hot drinks industry.
■ Retailers will struggle to maintain margins with rising food prices.