Author: hei

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,388,107.00	6,809,192.70	88.55%
ETFs	3,204.00	880,635.64	11.45%
Total	1,391,311.00	7,689,828.34	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$  6,809,192.70 worth of shares was traded on the NSX on Friday, with about N$  575,209  worth of Anglo-American plc and N$      3,608,232 worth of Letshego Holdings Ltdon the home front. ETFs worth N$ 880,635.64 were traded on Friday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were allotted by participants as the market bounced back on Friday at the backdrop of the US Labor Data
• Shares belonging FirstRand Namibia were traded with a slight increase in share price
• New Gold Issuer Ltd NM ETF options were subscribed as market upward trajectory performance on Friday

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.00	40.00	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.75	10.75	0.00%
First Rand Namibia	FNB	30.03	30.03	0.00%
Standard Bank Namibia	SNO	4.40	4.40	0.00%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.65	2.65	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	532.57	548.34	2.96%
B2Gold Corporation	B2G	52.59	50.84	-3.33%
Oceana Group Limited	OCG	55.31	54.51	-1.45%
Mediclinic International Plc	MEP	99.03	99.17	0.14%
Truworths	TRW	57.74	59.40	2.87%
Nedbank Group Limited	NBK	201.79	205.90	2.04%
Standard Bank Group	SNB	153.53	155.02	0.97%
Shoprite Holdings	SRH	233.59	232.03	-0.67%
FirstRand Limited	FST	63.91	64.97	1.66%
Momentum Metropolitan Holdings	MMT	16.65	16.86	1.26%
Old Mutual Ltd	OMM	10.44	10.74	2.87%
Sanlam Limited	SLA	53.55	54.11	1.05%
Santam Limited	SNM	244.19	239.50	-1.92%
Vukile Property Fund Limited	VKN	13.25	13.34	0.68%
Investec Limited	IVD	80.68	81.82	1.41%
PSG Konsult Limited	KFS	11.00	10.50	-4.55%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.81	275.55	1.00%
New Gold Palladium ETF	NGNPLD	334.57	336.81	0.67%
New Gold Platinum ETF N	NGNPLT	137.91	140.27	1.71%
New Funds S&P NAM Bond	NFNAMA	17.11	17.21	0.58%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.26
EUR/NAD	17.22
GBP/NAD	19.94
EUR/GBP	0.86
EUR/USD	0.99
GBP/USD	1.15
AUD/USD	0.67
USD/JPY	140.41
Commodities @ 08:00
Gold	1,715.40
Silver	17.80
Platinum	820.70
Palladium	2,032.53
WTI	88.60
Brent	95.08

Table 5: Exchange Rates and Commodities 

Local News

Workers at the Ndonga Linena government irrigation project have blamed the government for their unproductive four years.  (Namibian Sun)

Sixty people suspected to be victims of trafficking in persons were recently found working on two Namibian-registered vessels. (New Era Newspaper)

Namibia is expected to finalize a policy on green hydrogen in November to coincide with the 2022 United Nations Climate Change Conference (Cop27). (The Namibian)

Sub-Sahara News

The energy crisis in Europe is not because of failing renewables but rather because of a shortage of supply of Russian gas, says Minister of Forestry, Fisheries and Environment Barbara Creecy.. (News24)

South African petrochemical firm Sasol SOLJ.J on Friday said it was partnering with Japan’s Itochu Corp 8001.T to explore the development of green hydrogen and green ammonia projects for shipping fuel and power generation. (CNBC Africa)

William Ruto, who was declared winner of Kenya's presidential election in August, says he will respect the Supreme Court's decision expected Monday confirming or invalidating the results of the vote, disputed by his rival Raila Odinga. (All Africa News)

International News

Typhoon Hinnamnor neared South Korea on Monday, forcing flight cancellations, suspensions of some business operations, and closures of schools, as the country raised its typhoon-alert level to its highest. (Reuters)

Asian stocks tumbled on Monday, as U.S. Treasury yields rose and the dollar index traded at its highest level in over 20 years after the head of the U.S. Federal Reserve indicated high-interest rates will continue for some time to curb inflation. (RTT News)

Noeleen Heyzer, the United Nations special envoy on Myanmar, has said she is “very concerned” about the health of Myanmar’s deposed leader Aung San Suu Kyi who has been in detention since the military removed her from office in a coup in February 2021, and that she will not visit the country again unless she can see her. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	188,096.00	11,223,040.24	97.51%
ETFs	1,052.00	286,775.20	2.49%
Total	189,148.00	11,509,815.44	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 11,223,040.24 worth of shares was traded on the NSX on Thursday, with about N$ 1,318,636 worth of Anglo-American plc and N$     66,516 worth of FirstRand Namibia on the home front. ETFs worth N$ 286,775.20 were traded on Thursday.

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were sold by market participants causing a decline in the share price at closing as the spring sell-off unfolds
• Shares belonging FirstRand Namibia were traded with a slight increase in share price
• New Gold Issuer Ltd NM ETF options were sold off during a frenzy of market sell-off sentiment

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.00	-0.02%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.72	10.72	0.00%
First Rand Namibia	FNB	30.02	30.03	0.03%
Standard Bank Namibia	SNO	4.42	4.40	-0.45%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.65	2.65	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	551.55	532.57	-3.44%
B2Gold Corporation	B2G	52.85	52.59	-0.49%
Oceana Group Limited	OCG	54.90	55.31	0.75%
Mediclinic International Plc	MEP	98.80	99.03	0.23%
Truworths	TRW	57.28	57.74	0.80%
Nedbank Group Limited	NBK	202.80	201.79	-0.50%
Standard Bank Group	SNB	153.23	153.53	0.20%
Shoprite Holdings	SRH	232.72	233.59	0.37%
FirstRand Limited	FST	64.17	63.91	-0.41%
Momentum Metropolitan Holdings	MMT	16.65	16.65	0.00%
Old Mutual Ltd	OMM	10.17	10.44	2.65%
Sanlam Limited	SLA	53.32	53.55	0.43%
Santam Limited	SNM	244.00	244.19	0.08%
Vukile Property Fund Limited	VKN	13.49	13.25	-1.78%
Investec Limited	IVD	80.56	80.68	0.15%
PSG Konsult Limited	KFS	11.40	11.00	-3.51%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	273.47	272.81	-0.24%
New Gold Palladium ETF	NGNPLD	342.87	334.57	-2.42%
New Gold Platinum ETF N	NGNPLT	139.98	137.91	-1.48%
New Funds S&P NAM Bond	NFNAMA	17.14	17.11	-0.18%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.26
EUR/NAD	17.21
GBP/NAD	19.94
EUR/GBP	0.86
EUR/USD	0.99
GBP/USD	1.15
AUD/USD	0.67
USD/JPY	140.71
Commodities @ 08:00
Gold	1,711.85
Silver	17.74
Platinum	808.35
Palladium	2,038.38
WTI	88.26
Brent	94.19

Table 5: Exchange Rates and Commodities 

Local News

The more a country spends its national income on consumption, the less resources are available for investment and savings, and consequently for future production.  (Namibian Sun)

An amended section of the Communications Act, 2009 gave the Communications Regulatory Authority of Namibia (CRAN) powers to impose any percentage they see fit for regulatory levies on providers of communication services in Namibia. (New Era Newspaper)

The City of Windhoek plans to bring open markets to the city center as it claims the current areas where vendors are trading are degrading the face of the central business district (CBD). (The Namibian)

Sub-Sahara News

Corrupt practices are still deeply entrenched at Eskom, particularly in procurement processes, says CEO André de Ruyter. (News24)

About 80% of the billions of dollars pledged by rich nations for South Africa’s shift away from coal will be loans, not grants, and some may be hard to unlock due to national rules protecting domestic jobs, an official familiar with the matter said. (CNBC Africa)

United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, has stepped down, effective 1 September 2022, after five years of dedicated service to ECA and its Member States. (All Africa News)

International News

United Nations experts who crossed into Russian-held territory in Ukraine to assess the safety of Europe's biggest nuclear energy plant are seeking on Friday to assess physical damage to the facility, where both sides warn of possible disaster. (Reuters)

Asian stocks followed Wall Street higher on Friday after data showed the U.S. economy didn't contract by as much as previously thought during the spring. (RTT News)

UN Secretary-General Antonio Guterres hopes China will “take on board the recommendations” made in a report by the organization’s Human Rights Office on the situation in its Xinjiang region, a spokesman said. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	79,570.00	6,215,717.70	100.00%
ETFs	-	-	0.00%
Total	79,570.00	6,215,717.70	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 6,215,717.70 worth of shares was traded on the NSX on Wednesday, with about N$ 484,716 worth of Anglo-American plc and N$    11,934 worth of SBN Holdings Ltd on the home front. No ETFs were traded on Wednesday.

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were sold by market participants causing a decline in the share price at closing
• Shares belonging SBN Holdings Ltd were traded causing an increase in share price at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.01	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.72	10.72	0.00%
First Rand Namibia	FNB	30.02	30.02	0.00%
Standard Bank Namibia	SNO	4.40	4.42	0.45%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.65	2.65	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	551.80	551.55	-0.05%
B2Gold Corporation	B2G	53.87	52.85	-1.89%
Oceana Group Limited	OCG	54.73	54.90	0.31%
Mediclinic International Plc	MEP	98.05	98.80	0.76%
Truworths	TRW	56.49	57.28	1.40%
Nedbank Group Limited	NBK	215.89	202.80	-6.06%
Standard Bank Group	SNB	157.80	153.23	-2.90%
Shoprite Holdings	SRH	236.02	232.72	-1.40%
FirstRand Limited	FST	65.83	64.17	-2.52%
Momentum Metropolitan Holdings	MMT	16.91	16.65	-1.54%
Old Mutual Ltd	OMM	10.57	10.17	-3.78%
Sanlam Limited	SLA	54.88	53.32	-2.84%
Santam Limited	SNM	247.87	244.00	-1.56%
Vukile Property Fund Limited	VKN	13.56	13.49	-0.52%
Investec Limited	IVD	81.13	80.56	-0.70%
PSG Konsult Limited	KFS	11.35	11.40	0.44%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.43	273.47	0.38%
New Gold Palladium ETF	NGNPLD	342.49	342.87	0.11%
New Gold Platinum ETF N	NGNPLT	138.76	139.98	0.88%
New Funds S&P NAM Bond	NFNAMA	17.24	17.14	-0.58%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.15
EUR/NAD	17.18
GBP/NAD	19.88
EUR/GBP	0.85
EUR/USD	0.99
GBP/USD	1.15
AUD/USD	0.68
USD/JPY	139.33
Commodities @ 08:00
Gold	1,717.20
Silver	17.64
Platinum	828.30
Palladium	2,095.02
WTI	95.10
Brent	95.11

Table 5: Exchange Rates and Commodities 

Local News

The more a country spends its national income on consumption, the less resources are available for investment and savings, and consequently for future production.  (Namibian Sun)

Old Mutual Short-Term Insurance Company (Namibia) Ltd (OMSIC) has agreed to pay a total sum of N$6 million as part of two settlement agreements, after the Namibian Competition Act N0.2 of 2003 in two separate investigations. (New Era Newspaper)

Australian- listed uranium development company Bannerman Mining Resources has submitted an application for a mining license to the Ministry of Mines and Energy for the proposed Etango-8 uranium mine. (The Namibian)

Sub-Sahara News

South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of load shedding, pointing to Europe’s pivot back to the use of fossil fuels as evidence of the constraints of using green energy. (News24)

The La Nina weather pattern will last until at least the end of the year, becoming the first time this century, that it will have spanned three consecutive northern winters, the World Meteorological Organization predicted on Wednesday. (CNBC Africa)

The 2022 edition of the Sentech Africa Tech Week conference has begun, taking place in the Cape Town International Convention Centre from August, 31 to September, 1. Under the theme of 'Bringing Tech Closer to Africa', this year's event will see multiple experts share their perspectives on technological progress made in Africa. (All Africa News)

International News

U.N. nuclear experts set out from the city of Zaporizhzhia on Thursday to visit a Russian-occupied nuclear power plant in Ukraine's south to assess any damage, even as both sides in the conflict reported fighting in the area. (Reuters)

Asian stocks advanced on Thursday as investors looked forward to Fed Chair Jerome Powell's speech on Friday at the central banking conference in Jackson Hole for further cues on the monetary policy outlook. (RTT News)

For weeks now, Ukraine and Russia have accused each other of endangering the Zaporizhzhia plant’s safety with shelling or drone strikes, risking a Chernobyl-style radiation disaster. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	859,365.00	81,289,132.88	100.00%
ETFs	-	-	0.00%
Total	859,365.00	81,289,132.88	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 81,289,132.88 worth of shares was traded on the NSX on Monday with N$   20,773,533 worth of Anglo-American plc and N$ 1,167 worth of Capricorn Group Limited on the home front. No ETFs were traded on Monday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares continue to be on a spiral as commodity-linked companies slipped amid fear of recession
• On the local NSX listing, shares belonging to Capricorn Group Limited were traded with a significant increase in share price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.01	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.55	10.61	0.57%
First Rand Namibia	FNB	30.01	30.01	0.00%
Standard Bank Namibia	SNO	4.38	4.38	0.00%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.46	2.46	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	569.40	567.87	-0.27%
B2Gold Corporation	B2G	56.49	55.76	-1.29%
Oceana Group Limited	OCG	54.80	54.20	-1.09%
Mediclinic International Plc	MEP	99.57	99.03	-0.54%
Truworths	TRW	57.68	58.08	0.69%
Nedbank Group Limited	NBK	215.95	214.52	-0.66%
Standard Bank Group	SNB	165.58	160.86	-2.85%
Shoprite Holdings	SRH	233.92	236.00	0.89%
FirstRand Limited	FST	67.85	68.02	0.25%
Momentum Metropolitan Holdings	MMT	16.50	16.98	2.91%
Old Mutual Ltd	OMM	11.27	11.41	1.24%
Sanlam Limited	SLA	56.89	57.60	1.25%
Santam Limited	SNM	251.34	248.63	-1.08%
Vukile Property Fund Limited	VKN	14.80	14.36	-2.97%
Investec Limited	IVD	84.62	83.25	-1.62%
PSG Konsult Limited	KFS	11.70	11.60	-0.85%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	277.42	275.78	-0.59%
New Gold Palladium ETF	NGNPLD	350.12	329.43	-5.91%
New Gold Platinum ETF N	NGNPLT	147.37	143.96	-2.31%
New Funds S&P NAM Bond	NFNAMA	17.12	17.10	-0.12%

Table 4: ETFs

Exchange Rates @ 08:00
USD/NAD	17.00
EUR/NAD	16.86
GBP/NAD	19.97
EUR/GBP	0.84
EUR/USD	1.07
GBP/USD	1.18
AUD/USD	0.68
USD/JPY	137.29
Commodities @ 08:00
Gold	1,750.30
Silver	18.77
Platinum	861.50
Palladium	2,015.50
WTI	90.78
Brent	96.88

Table 5: Exchange Rates and Commodities 

Local News

The agriculture minister said that Namibia will not be treated like a lamb to slaughter following an uproar from South African agricultural organization with regards to the country’s import ban on crop and horticultural products     (Namibian Sun)

Bank Windhoek’s contribution to the aviation industry has been an endeavor that embodies its core objective of being a connector of positive change (New Era Newspaper)

The Namibia Biomass Industry Group (N-Big), the Charcoal Association of Namibia, and the Namibia University of Science and Technology will host a two-day biomass fair in Windhoek on 7 and 8 September (The Namibian)

Sub-Sahara News

Sasol has declared a gross final cash dividend of R14.70 per share for the year ended in June as high crude and chemicals prices pushed earnings higher. (News24)

China trimmed its key lending rates again on Monday, one week after it cut two interest rates in a surprise move. (CNBC Africa)

Kenya's veteran politician Raila Odinga is set to file a petition in the Supreme Court seeking to nullify the victory handed to Deputy President William Ruto following the August 9 vote. (All Africa News)

International News

Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil price decline. (Reuters)

Asian stocks rose broadly on Tuesday, even as the upside remained capped by growing concerns of a global recession (RTT News)

Japan is considering scrapping pre-departure COVID-19 tests for travelers to the country, according to local media. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	73,830.00	5,343,485.67	100.00%
ETFs	-	-	0.00%
Total	73,830.00	5,343,485.67	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 5,343,485.67 worth of shares was traded on the NSX on Friday, with N$  24,251 worth of Anglo-American plc shares and N$ 10,550 worth of Capricorn Group Limited shares on the home front. No ETFs were traded on Friday.

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares continue to be on a spiral as commodity-linked companies slipped amid fear of recession
• On the local NSX listing, shares belonging to Capricorn Group Limited were traded with a significant change in share price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.01	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.50	10.55	0.48%
First Rand Namibia	FNB	30.01	30.01	0.00%
Standard Bank Namibia	SNO	4.38	4.38	0.00%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.46	2.46	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	584.00	569.40	-2.50%
B2Gold Corporation	B2G	55.26	56.49	2.23%
Oceana Group Limited	OCG	55.00	54.80	-0.36%
Mediclinic International Plc	MEP	100.34	99.57	-0.77%
Truworths	TRW	59.41	57.68	-2.91%
Nedbank Group Limited	NBK	223.82	215.95	-3.52%
Standard Bank Group	SNB	171.44	165.58	-3.42%
Shoprite Holdings	SRH	240.58	233.92	-2.77%
FirstRand Limited	FST	70.38	67.85	-3.59%
Momentum Metropolitan Holdings	MMT	16.87	16.50	-2.19%
Old Mutual Ltd	OMM	11.55	11.27	-2.42%
Sanlam Limited	SLA	58.17	56.89	-2.20%
Santam Limited	SNM	254.99	251.34	-1.43%
Vukile Property Fund Limited	VKN	14.90	14.80	-0.67%
Investec Limited	IVD	89.98	84.62	-5.96%
PSG Konsult Limited	KFS	11.66	11.70	0.34%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.98	277.42	0.52%
New Gold Palladium ETF	NGNPLD	349.39	350.12	0.21%
New Gold Platinum ETF N	NGNPLT	149.12	147.37	-1.17%
New Funds S&P NAM Bond	NFNAMA	17.16	17.12	-0.23%

Table 4: ETFs

Exchange Rates
USD/NAD	17.03
EUR/NAD	17.08
GBP/NAD	20.14
EUR/GBP	0.84
EUR/USD	1.00
GBP/USD	1.18
AUD/USD	0.68
USD/JPY	137.24
Commodities
Gold	1,755.20
Silver	18.90
Platinum	883.65
Palladium	2,136.02
WTI	88.88
Brent	95.09

Table 5: Exchange Rates and Commodities 

Local News

Financial technologies (FinTech) play a crucial role in the rapidly changing economic and financial landscape. The non-banking financial institutions' regulator, the Namibia Financial Institutions Supervisory Authority (NAMFISA) received 29 applications from innovators from across the country spanning other sectors of the economy    (Namibian Sun)

The City of Windhoek municipality has refused to budge and will continue with its 5G aspirations (New Era Newspaper)

Namibia Wildlife Resorts (NWR) says it is concerned about the increasing number of robberies, mostly of tourists visiting Namibia (The Namibian)

Sub-Sahara News

The City of Cape Town has pledged to start issuing operating permits to e-hailing drivers on Uber and Bolt in early 2023 - before the planned date of end-2023 (News24)

Nigeria is cracking down on unregistered online money lenders who provide short-term loans without security at high interest, the consumer protection agency said, adding it had asked Google to remove some lenders’ apps from its play store (CNBC Africa)

The South African citrus industry, which employs more than 140,000 workers and generates about R30 billion in export revenue, is under threat after the EU suddenly introduced measures SA says are unjustified, disruptive to trade, and impossible to implement. (All Africa News)

International News

Taiwan wants to ensure its partners have a reliable supplier of semiconductors, or "democracy chips", President Tsai Ing-wen told the governor of the U.S. state of Indiana on Monday, saying China's threats mean fellow democracies have to cooperate. (Reuters)

Asian stocks ended broadly higher on Monday as investors reacted to economic data from the United States, China, and Japan (RTT News)

Japanese Prime Minister Fumio Kishida has canceled planned trips to Africa and the Middle East after testing positive for COVID-19. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	707,085.00	26,390,570.24	100.00%
ETFs	-	-	0.00%
Total	707,085.00	26,390,570.24	100.00

Table 1: NSX Trades

NSX Activities

A total of N$ 26,390,570.24 worth of shares was traded on the NSX on Thursday with N$  2,060,355 worth of Anglo-American plc and N$  245,937 worth of SBN Holdings Ltd on the home front. No ETFs were traded on Thursday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were has been on a downward trend amid the performance of an overall index
• On the local NSX listing, shares belonging to SBN Holdings Ltd were traded with no change in share price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.01	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.50	10.50	0.00%
First Rand Namibia	FNB	30.01	30.01	0.00%
Standard Bank Namibia	SNO	4.38	4.38	0.00%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.46	2.46	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	569.47	584.00	2.55%
B2Gold Corporation	B2G	56.55	55.26	-2.28%
Oceana Group Limited	OCG	54.60	55.00	0.73%
Mediclinic International Plc	MEP	99.55	100.34	0.79%
Truworths	TRW	60.00	59.41	-0.98%
Nedbank Group Limited	NBK	223.12	223.82	0.31%
Standard Bank Group	SNB	171.74	171.44	-0.17%
Shoprite Holdings	SRH	240.93	240.58	-0.15%
FirstRand Limited	FST	70.05	70.38	0.47%
Momentum Metropolitan Holdings	MMT	16.83	16.87	0.24%
Old Mutual Ltd	OMM	11.57	11.55	-0.17%
Sanlam Limited	SLA	58.59	58.17	-0.72%
Santam Limited	SNM	254.10	254.99	0.35%
Vukile Property Fund Limited	VKN	14.83	14.90	0.47%
Investec Limited	IVD	89.10	89.98	0.99%
PSG Konsult Limited	KFS	11.90	11.66	-2.02%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	274.80	275.98	0.43%
New Gold Palladium ETF	NGNPLD	346.67	349.39	0.78%
New Gold Platinum ETF N	NGNPLT	149.22	149.12	-0.07%
New Funds S&P NAM Bond	NFNAMA	17.20	17.16	-0.23%

Table 4: ETFs

Exchange Rates
USD/NAD	16.91
EUR/NAD	17.05
GBP/NAD	20.15
EUR/GBP	0.84
EUR/USD	1.02
GBP/USD	1.19
AUD/USD	0.69
USD/JPY	136.32
Commodities
Gold	1,768.70
Silver	19.25
Platinum	901.70
Palladium	2,149.00
WTI	89.88
Brent	95.97

Table 5: Exchange Rates and Commodities 

Local News

Acting minister of public enterprises Iipumbu Shiimi has refused to accept the resignation of TransNamib board chairperson Lionel Matthews  (Namibian Sun)

Government hostels across the country are at the risk of running out of food after the Central Procurement Board of Namibia’s review panel awarded suspended the contract awarded to four food supply companies, and ordered the tendering process to start afresh (New Era Newspaper)

Veld fires around Windhoek have ravaged 2000 hectares of land in the last three days (The Namibian)

Sub-Sahara News

Deputy President David Mabuza warned that total debt owed to Eskom by municipalities surged by nearly R5 billion in four months up to July. (News24)

Federal Reserve officials at their July meeting indicated they likely would not consider pulling back on interest rate hikes until inflation came down substantially, according to minutes from the session released Wednesday. (CNBC Africa)

The Azimio team led by their Presidential candidate Raila Odinga and his running mate Martha Karua on Thursday committed to pursuing legal means to resolve the presidential election dispute, during a meeting with the congressional delegation of the US Senate and House of Representatives. (All Africa News)

International News

A U.S. judge on Thursday said he is leaning toward releasing some of the evidence presented by the U.S. Justice Department to justify its search of Donald Trump's Florida home last week, in a case pitting news organizations against federal prosecutors. (Reuters)

Asian stocks ended mixed on Friday, with Japanese markets posting strong gains in a catch-up rally following a holiday on Thursday (RTT News)

Most of the Russian servicemen sitting in and atop 34 armed personnel carriers that rolled into Bucha on February 27 were ethnic Chechens, according to Ukrainian military leaders and government officials. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	266,524.00	7,482,797.28	100.00%
ETFs	-	-	0.00%
Total	266,524.00	7,482,797.28	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 7,482,797.28 worth of shares was traded on the NSX on Wednesday with N$ 1,180,059 worth of Anglo-American plc and N$  371,374 worth of FirstRand Namibia on the home front. No ETFs were traded on Wednesday

HEI Market Commentary

From the trading activity that took place:

• Anglo-American shares were traded on the dual listed resulting in a decline in share price at closing
• On the local NSX listing, shares belonging FirstRand Namibia were traded with a slight increase in share price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	40.01	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.50	10.50	0.00%
First Rand Namibia	FNB	30.00	30.01	0.03%
Standard Bank Namibia	SNO	4.37	4.38	0.23%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.46	2.46	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	597.25	569.47	-4.65%
B2Gold Corporation	B2G	56.39	56.55	0.28%
Oceana Group Limited	OCG	55.11	54.60	-0.93%
Mediclinic International Plc	MEP	98.55	99.55	1.01%
Truworths	TRW	57.26	60.00	4.79%
Nedbank Group Limited	NBK	221.66	223.12	0.66%
Standard Bank Group	SNB	173.57	171.74	-1.05%
Shoprite Holdings	SRH	238.31	240.93	1.10%
FirstRand Limited	FST	70.40	70.05	-0.50%
Momentum Metropolitan Holdings	MMT	16.97	16.83	-0.82%
Old Mutual Ltd	OMM	11.59	11.57	-0.17%
Sanlam Limited	SLA	58.92	58.59	-0.56%
Santam Limited	SNM	258.38	254.10	-1.66%
Vukile Property Fund Limited	VKN	15.01	14.83	-1.20%
Investec Limited	IVD	90.77	89.10	-1.84%
PSG Konsult Limited	KFS	11.60	11.90	2.59%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.31	274.80	0.91%
New Gold Palladium ETF	NGNPLD	343.19	346.67	1.01%
New Gold Platinum ETF N	NGNPLT	149.17	149.22	0.03%
New Funds S&P NAM Bond	NFNAMA	17.25	17.20	-0.29%

Table 4: ETFs

Exchange Rates
USD/NAD	16.40
EUR/NAD	16.68
GBP/NAD	19.85
EUR/GBP	0.84
EUR/USD	1.02
GBP/USD	1.21
AUD/USD	0.70
USD/JPY	133.31
Commodities
Gold	1,775.25
Silver	19.55
Platinum	911.65
Palladium	2,138.00
WTI	87.94
Brent	93.58

Table 5: Exchange Rates and Commodities 

Local News

With about 58% of Namibians experiencing moderate or severe food insecurity, as indicated by the United Nations Food and Agriculture Organization (FAO) report (Namibian Sun)

Caprivi Concerned Group (CCG) has dragged Botswana president and his defense chief to the International Criminal Court over the killing of four fishermen in 2020, by Botswana Defence Force (BDF) (New Era Newspaper)

The 75 basis point increase in the repo rate announced yesterday will further pile pressure on Namibian businesses and individuals who by June this year had borrowed N$115 billion, and will now have to fork out more on their monthly loan repayments (The Namibian)

Sub-Sahara News

Transport Fikile Mbalula has shut down speculation about a possible raise in the fuel levy to fund e-tolls in Gauteng as "alarmist" and "rumor-mongering". (News24)

Workers at the Transmission Company of Nigeria (TCN) have suspended a strike that began on Wednesday and caused a nationwide blackout, a workers union official said after a meeting with the government. (CNBC Africa)

The Director-General of the World Health Organization (WHO) on Wednesday highlighted the need to support millions facing starvation and disease in the Horn of Africa(All Africa News)

International News

The United States and Taiwan have agreed to start trade talks under a new initiative to reach agreements with "economically meaningful outcomes", with a Taiwan official saying China's "economic coercion" would also be discussed. (Reuters)

European shares were little changed on Thursday as earnings proved to be a mixed bag and German government bond yields crept higher, echoing moves in the U.S (RTT News)

Most of the Russian servicemen sitting in and atop 34 armed personnel carriers that rolled into Bucha on February 27 were ethnic Chechens, according to Ukrainian military leaders and government officials. (Aljazeera News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	221,638.00	18,294,535.79	97.40%
ETFs	3,300.00	487,773.00	2.60%
Total	224,938.00	18,782,308.79	100.00

Table 1: NSX Trades

NSX Activities

A total of N$ 18,294,535.79 worth of shares was traded on the NSX on Tuesday with N$ 6,442,425 worth of Anglo-American plc and N$ 328,980 worth of FirstRand Namibia on the home front. ETFs worth N$ 487,773.00 were traded on Tuesday

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded on the dual listed resulting in an increase in share price at closing
• On the local NSX listing, shares belonging FirstRand Namibia were traded with no change in share price
• New Gold Platinum ETF N was subscribed by market participants resulting in an increase in share price

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.00	40.01	0.02%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	10.50	10.50	0.00%
First Rand Namibia	FNB	29.76	30.00	0.81%
Standard Bank Namibia	SNO	4.37	4.37	0.00%
Oryx Limited	ORY	10.26	10.26	0.00%
Letshego	LHN	2.46	2.46	0.00%
Namibia Asset Management	NAM	0.70	0.70	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	13.00	13.00	0.00%
Mobile Telecommunication Company	MOC	7.52	7.52	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

­­

Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	572.39	597.25	4.34%
B2Gold Corporation	B2G	57.43	56.39	-1.81%
Oceana Group Limited	OCG	54.07	55.11	1.92%
Mediclinic International Plc	MEP	98.34	98.55	0.21%
Truworths	TRW	57.10	57.26	0.28%
Nedbank Group Limited	NBK	219.60	221.66	0.94%
Standard Bank Group	SNB	172.08	173.57	0.87%
Shoprite Holdings	SRH	240.80	238.31	-1.03%
FirstRand Limited	FST	69.55	70.40	1.22%
Momentum Metropolitan Holdings	MMT	16.50	16.97	2.85%
Old Mutual Ltd	OMM	11.52	11.59	0.61%
Sanlam Limited	SLA	58.59	58.92	0.56%
Santam Limited	SNM	252.63	258.38	2.28%
Vukile Property Fund Limited	VKN	14.46	15.01	3.80%
Investec Limited	IVD	90.20	90.77	0.63%
PSG Konsult Limited	KFS	11.81	11.60	-1.78%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.23	272.31	0.03%
New Gold Palladium ETF	NGNPLD	340.26	343.19	0.86%
New Gold Platinum ETF N	NGNPLT	147.84	149.17	0.90%
New Funds S&P NAM Bond	NFNAMA	17.28	17.25	-0.17%

Table 4: ETFs

Exchange Rates
USD/NAD	16.40
EUR/NAD	16.68
GBP/NAD	19.85
EUR/GBP	0.84
EUR/USD	1.02
GBP/USD	1.21
AUD/USD	0.70
USD/JPY	133.31
Commodities
Gold	1,792.75
Silver	20.17
Platinum	935.25
Palladium	2,156.77
WTI	87.48
Brent	93.25

Table 5: Exchange Rates and Commodities 

Local News

President Hage Geingob arrives in Kinshasa, Democratic Republic of Congo for the SADC Organ Troika summit held last night (Namibian Sun)

A Rundu-based lawyer has been suspended from practicing pending a disciplinary inquiry into allegations of unethical and unprofessional conduct. (New Era Newspaper)

The German government splashed about N$500 million on four Namibian green hydrogen pilot projects, with TransNamib, the University of Namibia (UNAM), the Namibian Ports Authority (Namport), and the Ohlthaver & List Group as some beneficiaries (The Namibian)

Sub-Sahara News

Nigeria has appointed Aliko Dangote, Africa’s richest man, to lead a committee commissioned with eliminating malaria in the West African nation as the mosquito-borne infection has made a comeback across the continent amid disruptions related to the coronavirus pandemic. (News24)

Uganda said on Tuesday a hydropower plant representing some 15% of its electricity generating capacity had been put under an emergency shutdown due to “operational challenges”, cutting the supply of power to the country’s grid (CNBC Africa)

An outbreak of measles in Zimbabwe has killed at least 157 children with the death toll nearly doubling in just under a week, the government said on Tuesday. (All Africa News)

International News

Australia's former prime minister Scott Morrison said on Wednesday he decided to be secretly sworn into five key ministries during the pandemic because he felt the responsibility for the nation was his alone. (Reuters)

Asian stocks fell on Wednesday, as risk appetite remained in check ahead of key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates (RTT News)

Failing to subdue resistance across Myanmar, military government chief Min Aung Hlaing is resorting to increasingly desperate measures to cling to power, firing senior ministers and military officers, and purging business cronies (Aljazeera News)