BMI View: Our outlook for Zambia's food and drink industry growth will be tepid over 2016 on the back of
a weaker consumer outlook. Persistently high food inflation will deter food spending, in particular within
the staple foods category. Low cost drinks will primaril ..."
BMI View: Zambia's high inflation will restrict consumer spending, with growth largely supported by
spending on essential products. The alcohol industry will experience a gradual decline in consumption on
the back of a high excise duty, while the food industry continu ..."
BMI View: We have a modest outlook on growth in Zambia's food and drink industry as the country's
economic conditions are weakening. High inflation rates will constraint consumer spending, and maize
imports will further increase food prices. Growth in the non-alcoholi ..."
BMI View: We maintain an optimistic outlook for Zambia's food and drink industry over our forecast
period to 2019. With expectations for strong economic growth, a favourable demographic profile and a
gradually emerging middle class, Zambia remains one of the most attr ..."