20 December 2012

Namibia: When There's No Beer, Save

Windhoek — With the festive season in full swing, many Namibians are likely to be engaged in excessive alcohol consumption, draining most of the drinking holes in their respective areas.

In recent years, it has been evident that when Namibians flock to their holiday destinations especially to the north and northeast, they consume much alcohol, especially beer, leaving shops and beer depots dry.

Namibia Breweries Limited (NBL) on Tuesday was reluctant to comment on the measures they have put in place to ensure that its biggest stakeholders who are their customers do not run out of booze as experienced in the past, especially during the festive holidays.

Roux-Che Locke, Ohlthaver & List (O&L) spokesperson shied away from the question saying the company will rather focus on its 'responsible drinking' campaign.

"On behalf of NBL, we would like to thank our valued customers and clients for their continued support. All year round, we continuously engage our customers on the dangers of excessive drinking, underage drinking, driving while under the influence," she said.

NBL also encouraged those who make use of "our quality products to keep in mind the preservation of our environment and thereby placing our products' used bottles and cans in dustbins or recycling bins, rather than littering."

The Ohlthaver & List Group of Companies has interests in food production, fishing, beverages, farming, retail trade, information technology, property development, leisure and hospitality, marine engineering, the service sector and the hospitality industry.

Daniel Motinga, Senior Manager Research and Development, First National Bank Namibia Holdings advises holiday-goers to draw up a budget and stick to it. "Don't spend money on things you don't need. Think about investment and reducing or repaying existing debt in preparation for the times when interest will be much higher than today," he cautioned.

For parents who have children going to school, Motinga advised them to start buying uniforms and other school materials now (December) and not to wait until January.

"Prices are likely to be much higher in January, because everybody will be buying. As I said, try and reduce the capital of your debt if you have a windfall cash position. People should never confuse temporary windfalls with permanent flows. Always think longer term," he said.

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