Botswana Food and Drink Report Q2 2016
BMI View: We forecast modest growth for Botswana's food industry as the price of staple foods willincrease due to increasing prices of grains imports. The drinks and MGR sectors will experience positivegrowth as local companies increase investment over our 2016 forecast period. Sefalana will expand itsoperations in the beverage sector, and the MGR sector will also experience growth with increasinginvestment from local and international retailers.
Our private consumption and real GDP growth forecasts for 2016 have been revised down due to a fall indiamond revenue.
An estimated 15% increase in prices of grains imports from South Africa will occur due to a decrease inmaize output, as dry weather conditions continue to depress agricultural activity.
Local retailer Choppies is beginning to target expansion in the Sub-Saharan Africa region.
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