Category: Equity Market Research

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	657,593	51,527,593	100.00%
ETFs	-	-	0.00%
Total	657,593	51,527,593	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 51,527,593 worth of shares was traded on the NSX on Monday with about N$  8,981 worth of Anglo-American plc and N$ no trading activities on the home front. No ETFs were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American plc shares were traded causing the share price to increase as market performance on the overall index peaks.

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	41.00	41.00	0.00%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.51	7.51	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

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Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	749.26	755.97	0.90%
B2Gold Corporation	B2G	64.23	62.90	-2.07%
Oceana Group Limited	OCG	55.11	55.27	0.29%
Mediclinic International Plc	MEP	75.50	74.70	-1.06%
Truworths	TRW	53.03	53.07	0.08%
Nedbank Group Limited	NBK	220.28	232.20	5.41%
Standard Bank Group	SNB	168.28	177.40	5.42%
Shoprite Holdings	SRH	211.61	213.16	0.73%
FirstRand Limited	FST	68.75	71.34	3.77%
Momentum Metropolitan Holdings	MMT	15.57	15.86	1.86%
Old Mutual Ltd	OMM	12.48	12.68	1.60%
Sanlam Limited	SLA	66.43	67.82	2.09%
Santam Limited	SNM	286.98	292.16	1.81%
Vukile Property Fund Limited	VKN	13.88	13.71	-1.22%
Investec Limited	IVD	92.28	95.26	3.23%
PSG Konsult Limited	KFS	12.45	12.35	-0.80%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	268.54	268.90	0.13%
New Gold Palladium ETF	NGNPLD	311.22	307.22	-1.29%
New Gold Platinum ETF N	NGNPLT	143.12	143.56	0.31%
New Funds S&P NAM Bond	NFNAMA	16.95	17.03	0.47%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.47
EUR/ZAR	16.68
GBP/ZAR	19.58
EUR/GBP	0.85
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	127.52
Commodities
Gold	1,857.75
Silver	21.97
Platinum	949.35
Palladium	2,025.50
WTI	117.18
Brent	117.69

Table 5: Exchange Rates and Commodities 

Local News

As of tomorrow, motorists will pay N$2.50 more per litre of petrol and an extra N$1.50 per litre of diesel, the ministry of mines and energy has announced. (Namibian Sun)

The Oshakati town council will offer 100% interest relief to residents and businesses for the interest accumulated on outstanding account payments (New Era Newspaper)

Namibian political parties that win seats in the National Assembly do not have the right to change their list of parliamentary candidates after an election in any way they choose to do, the Supreme Court has ruled. (The Namibian)

Sub-Sahara News

Petrol prices may be hiked by close to R4 a litre on Wednesday - unless the government steps in soon. (News24)

Last week was the announcement of earnings for many of the NSE listed companies in Kenya, with some rather surprises. CNBC Africa spoke to Erick Mokaya, Founder of Mwango Capital. (CNBC Africa)

The tobacco industry damages both the environment and human health, and needs to be more accountable for the destruction it causes, declared the World Health Organization (WHO) on Tuesday (All Africa News)

International News

European Union leaders have agreed in principle to cut 90 percent of oil imports from Russia by the end of this year, cutting off a vital source of funding for Moscow’s invasion of Ukraine, after reaching a compromise deal with Hungary. (Aljazeera News)

European stocks fell on Tuesday amid growth worries, as a broad package of Chinese measures to support the economy underwhelmed investors and Snapchat parent Snap warned of deteriorating macroeconomic trends. (RTT News)

Canada's government introduced legislation Monday to implement a "national freeze" on the sale and purchase of handguns as part of a gun-control package that would also limit magazine capacities and ban some toys that look like guns. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	558,574	35,834,416	100.00%
ETFs	-	-	0.00%
Total	558,574	35,834,416	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 35,834,416 worth of shares was traded on the NSX on Friday, with about N$  55,993 worth of Anglo-American plc and  N$ 18,110,520 of Namibia Breweries on the home front. No ETFs were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American plc shares were traded causing the share price to increase as market performance on the overall index peaks
• Namibia Breweries shares were traded with a tremendous 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	41.00	2.47%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.51	7.51	0.00%
Alpha Namibia Industries Renewable Power Limited	ANE	9.00	9.00	0.00%

Table 2: Primary listed Trades

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Name	South African Dual Listed Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Anglo-American plc	ANM	742.69	749.26	0.88%
B2Gold Corporation	B2G	65.31	64.23	-1.65%
Oceana Group Limited	OCG	54.05	55.11	1.96%
Mediclinic International Plc	MEP	74.70	75.50	1.07%
Truworths	TRW	50.76	53.03	4.47%
Nedbank Group Limited	NBK	214.21	220.28	2.83%
Standard Bank Group	SNB	162.55	168.28	3.53%
Shoprite Holdings	SRH	208.00	211.61	1.74%
FirstRand Limited	FST	67.22	68.75	2.28%
Momentum Metropolitan Holdings	MMT	15.25	15.57	2.10%
Old Mutual Ltd	OMM	12.07	12.48	3.40%
Sanlam Limited	SLA	65.47	66.43	1.47%
Santam Limited	SNM	288.00	286.98	-0.35%
Vukile Property Fund Limited	VKN	13.33	13.88	4.13%
Investec Limited	IVD	89.61	92.28	2.98%
PSG Konsult Limited	KFS	12.10	12.45	2.89%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.53	268.54	-1.46%
New Gold Palladium ETF	NGNPLD	306.63	311.22	1.50%
New Gold Platinum ETF N	NGNPLT	144.57	143.12	-1.00%
New Funds S&P NAM Bond	NFNAMA	16.96	16.95	-0.06%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.54
EUR/ZAR	16.71
GBP/ZAR	19.64
EUR/GBP	0.85
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	126.80
Commodities
Gold	1,860.10
Silver	22.27
Platinum	949.15
Palladium	2,070.27
WTI	115.94
Brent	116.33

Table 5: Exchange Rates and Commodities 

Local News

The labour ministry has given Cheetah Cement the green light to return to work after the company complied with a myriad of identification shortfalls in terms of basic conditions of employment and occupational health and safety. (Namibian Sun)

Attempts by the Namibia Students Financial Assistance Fund to collect debts from beneficiaries remain a challenge as only N$ 44.9 million has been recovered between the 2015 and 2022 financial years.  (New Era Newspaper)

The Otjozondjupa regional leadership was over the weekend roped in at the eleventh hour to avert a near-catastrophic situation at Gam settlement in (The Namibian)

Sub-Sahara News

It has been two years since Investec and its asset management business completed their demerger, giving birth to a new brand and the listing of Ninety One. (News24)

The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience and Sustainability Trust to address challenges such as climate change, IMF head Kristalina Georgieva said on Friday, close to their target set last month. (CNBC Africa)

Sudan on Sunday lifted the state of emergency that the military imposed after seizing control in a coup last October (All Africa News)

International News

Author Geetanjali Shree has become the first Indian to win the International Booker Prize for her novel, Tomb of Sand, originally written in Hindi. (Aljazeera News)

European stocks were broadly higher on Monday, as the financial hub of Shanghai lifted some of its COVID-19 restrictions and U.S. President Joe Biden said he was weighing cutting tariffs on Chinese goods. (RTT News)

Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	11,611	3,286,359	100.00%
ETFs	-	-	0.00%
Total	11,611	3,286,359	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 3,286,359 worth of shares was traded on the NSX on Thursday, with about N$  3,286,359 worth of Santam Limited and no trading activities  on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

• Mediclinic International Plc  shares were traded causing the share price to increase as directors buy shares belonging to the entity.
• Namibia Breweries  shares were the traded without 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	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.51	7.51	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	732.91	742.69	1.33%
B2Gold Corporation	B2G	65.20	65.31	0.17%
Oceana Group Limited	OCG	54.86	54.05	-1.48%
Mediclinic International Plc	MEP	72.21	74.70	3.45%
Truworths	TRW	49.45	50.76	2.65%
Nedbank Group Limited	NBK	207.29	214.21	3.34%
Standard Bank Group	SNB	157.82	162.55	3.00%
Shoprite Holdings	SRH	202.80	208.00	2.56%
FirstRand Limited	FST	65.52	67.22	2.59%
Momentum Metropolitan Holdings	MMT	15.12	15.25	0.86%
Old Mutual Ltd	OMM	11.86	12.07	1.77%
Sanlam Limited	SLA	63.63	65.47	2.89%
Santam Limited	SNM	282.26	288.00	2.03%
Vukile Property Fund Limited	VKN	12.80	13.33	4.14%
Investec Limited	IVD	95.00	89.61	-5.67%
PSG Konsult Limited	KFS	12.25	12.10	-1.22%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	271.73	272.53	0.29%
New Gold Palladium ETF	NGNPLD	305.01	306.63	0.53%
New Gold Platinum ETF N	NGNPLT	144.68	144.57	-0.08%
New Funds S&P NAM Bond	NFNAMA	16.95	16.96	0.06%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.68
EUR/ZAR	16.86
GBP/ZAR	19.82
EUR/GBP	0.85
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	126.80
Commodities
Gold	1,852.83
Silver	22.09
Platinum	938.45
Palladium	2,010.78
WTI	113.75
Brent	113.88

Table 5: Exchange Rates and Commodities 

Local News

French development agency, Agence Française de Développement (AFD) and Development Bank of Namibia (DBN) have signed an agreement in terms of which AFD will provide €300 000 (Namibian Sun)

The southern corridor development initiative in the //Kharas region, aims to produce 300 000 tonnes of pure green hydrogen and green ammonia by 2030 for local and international markets. (New Era Newspaper)

The judge who granted bail to one of the accused in the Fishrot fishing quotas corruption and fraud case, Ricardo Gustavo, has dismissed an application by the state to appeal against his decision. (The Namibian)

Sub-Sahara News

SA has R350 billion of untapped export potential with the European Union (EU), says a new study funded by the 27-member economic bloc. (News24)

Senegal’s president and African Union chairman Macky Sall said on Wednesday that when he visits Russia and Ukraine in the coming weeks he will push them to unblock exports of grains and fertilizer to avoid widespread famine. (CNBC Africa)

As of May 26, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,700,120 while over 299,975,452 vaccinations have been administered across the continent. (All Africa News)

International News

Author Geetanjali Shree has become the first Indian to win the International Booker Prize for her novel, Tomb of Sand, originally written in Hindi. (Aljazeera News)

Asian stocks advanced on Friday as China cut its benchmark reference rate for mortgages by an unexpectedly wide margin and data showed Japanese inflation accelerated past the central bank's target to a seven-year high in April. (RTT News)

Hong Kong's central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back international business following two gruelling years of closed borders. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	424,472	11,846,597	100.00%
ETFs	-	-	0.00%
Total	424,472	11,846,597	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 11,846,597 worth of shares was traded on the NSX on Tuesday with about N$ 5,197,912 worth of Mediclinic International Plc and N$   472,198 of Namibia Breweries on the home front. No ETFs were traded on Tuesday

HEI Equity Research Commentary

From the trading activity that took place:

• Mediclinic International Plc shares were traded causing the share price to increase as directors buy shares belonging to the entity.
• Namibia Breweries shares were traded without no change 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	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.50	7.51	0.13%
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	723.44	717.97	-0.76%
B2Gold Corporation	B2G	65.25	65.20	-0.08%
Oceana Group Limited	OCG	57.25	56.23	-1.78%
Mediclinic International Plc	MEP	69.85	69.03	-1.17%
Truworths	TRW	51.17	50.33	-1.64%
Nedbank Group Limited	NBK	212.94	210.92	-0.95%
Standard Bank Group	SNB	162.46	161.80	-0.41%
Shoprite Holdings	SRH	208.64	206.16	-1.19%
FirstRand Limited	FST	68.10	67.38	-1.06%
Momentum Metropolitan Holdings	MMT	15.50	15.18	-2.06%
Old Mutual Ltd	OMM	12.17	12.01	-1.31%
Sanlam Limited	SLA	64.06	63.81	-0.39%
Santam Limited	SNM	286.32	284.50	-0.64%
Vukile Property Fund Limited	VKN	12.74	12.96	1.73%
Investec Limited	IVD	96.64	97.01	0.38%
PSG Konsult Limited	KFS	12.69	12.70	0.08%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	271.08	273.06	0.73%
New Gold Palladium ETF	NGNPLD	302.87	302.11	-0.25%
New Gold Platinum ETF N	NGNPLT	145.17	144.16	-0.70%
New Funds S&P NAM Bond	NFNAMA	16.91	16.94	0.18%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.70
EUR/ZAR	16.81
GBP/ZAR	19.66
EUR/GBP	0.85
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	127.05
Commodities
Gold	1,860.15
Silver	22.01
Platinum	942.95
Palladium	1,995.53
WTI	111.06
Brent	111.93

Table 5: Exchange Rates and Commodities 

Local News

A group of the world’s richest nations offered South Africa debt guarantees as part of a proposed R135 billion deal designed to cut the nation’s reliance on coal for power generators. (Namibian Sun)

The time has come for young people to be focused and proactive in the areas of economic development to match the political independence Namibia achieved with economic emancipation (New Era Newspaper)

Zambezi regional governor Lawrence Sampofu has urged local and traditional authorities to play an active role in assisting the government to create awareness around efforts to curb the spread of malaria. (The Namibian)

Sub-Sahara News

Shareholder activists took aim at Thungela Resources during the coal miner’s very first annual general meeting (AGM), and poked holes in the company’s rehabilitation programme and transparency following a toxic acid mine drainage spill that has prompted a criminal investigation. (News24)

Nigeria’s central bank on Tuesday raised the benchmark interest rate by 150 basis points to 13%, its first hike in more than two years, to combat rising inflation, sending markets tumbling. (CNBC Africa)

The World Bank has announced plans to invest over $30 billion to address the ongoing global food security crisis in the next 15 months. (All Africa News)

International News

North Korea has test-fired three missiles off its east coast, including a suspected intercontinental ballistic missile (ICBM), according to the governments of South Korea and Japan. (Aljazeera News)

European stock markets are expected to open on a positive note on Wednesday amidst the strong retail sales numbers in the U.S. and the drop in the regional unemployment numbers. (RTT News)

A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	2,835,226	137,428,295	99.93%
ETFs	350	95,900	0.07%
Total	2,835,576	137,524,195	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 137,428,295 worth of shares was traded on the NSX on Monday with about N$    2,559,959 worth of Anglo-American and N$  26,694,863  of Shoprite Holdings, and no trading occurred on the home front. ETFs worth N$ 95,900 were traded on Monday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase as directors buy shares belonging to the entity.
• Letshego Holdings (Namibia) Ltd shares were traded without no change in share price.
• New Gold Issuer Ltd NM ETF positions continue to plummet as market conditions saturate.

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	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.50	7.50	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	699.10	723.44	3.48%
B2Gold Corporation	B2G	65.84	65.25	-0.90%
Oceana Group Limited	OCG	55.99	57.25	2.25%
Mediclinic International Plc	MEP	70.93	69.85	-1.52%
Truworths	TRW	50.59	51.17	1.15%
Nedbank Group Limited	NBK	209.88	212.94	1.46%
Standard Bank Group	SNB	160.92	162.46	0.96%
Shoprite Holdings	SRH	204.49	208.64	2.03%
FirstRand Limited	FST	67.20	68.10	1.34%
Momentum Metropolitan Holdings	MMT	15.05	15.50	2.99%
Old Mutual Ltd	OMM	12.05	12.17	1.00%
Sanlam Limited	SLA	62.82	64.06	1.97%
Santam Limited	SNM	277.84	286.32	3.05%
Vukile Property Fund Limited	VKN	12.73	12.74	0.08%
Investec Limited	IVD	94.75	96.64	1.99%
PSG Konsult Limited	KFS	12.19	12.69	4.10%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	272.45	271.08	-0.50%
New Gold Palladium ETF	NGNPLD	304.49	302.87	-0.53%
New Gold Platinum ETF N	NGNPLT	146.38	145.17	-0.83%
New Funds S&P NAM Bond	NFNAMA	16.87	16.91	0.24%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.75
EUR/ZAR	16.84
GBP/ZAR	19.82
EUR/GBP	0.84
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	127.92
Commodities
Gold	1,851.83
Silver	21.75
Platinum	949.00
Palladium	1,985.78
WTI	110.72
Brent	111.03

Table 5: Exchange Rates and Commodities 

Local News

Promenade 61, Davos Platz is the place to be if you’re one of the 2 000 plus global business leaders attending the annual meeting of the World Economic Forum (WEF).  (Namibian Sun)

Gondwana Collection Namibia has launched nine transfer routes to the country‘s top destinations. Bookable as from 20 May 2022 and operational as from 1 June 2022, the Go2 will be providing a daily hop-on hop-off transport service for all travelers. (New Era Newspaper)

THE Namibian Competition Commission (NaCC) has told Dr. Weder, Kauta, and Hoveka Incorporated (WKH) not to contact a complainant, Jacobs Amupolo Lawyers, and Conveyancers. (The Namibian)

Sub-Sahara News

The first two projects making use of license exemptions for generation facilities of up to 100MW have successfully been registered with the National Energy Regulator of South Africa (Nersa). (News24)

Nigerian GDP grew 3.11% in the first quarter, slower than in the previous quarter as a fall in oil production hit the rest of the economy, the national statistics office said on Monday ahead of a central bank interest rate decision on Tuesday. (CNBC Africa)

The U.S. has passed a law to counter Russia in Africa by tracking its military operations, investments, oligarchs, and suspected illicit financial flows. (All Africa News)

International News

Heavy fighting between Ukrainian and Russian forces has continued in eastern Ukraine’s Donbas region, as Moscow’s troops pressed on with their advance on Severodonetsk, where local officials accused Russia of using “scorched-earth” tactics. (Aljazeera News)

European stocks are likely to open higher on Tuesday despite a lukewarm lead from Wall Street. (RTT News)

U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street's longest streak of weekly declines since the dot-com bust more than 20 years ago  (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	57,394	12,103,957	96.26%
ETFs	2,888	469,792	3.74%
Total	60,282	12,573,749	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 12,103,957 worth of shares was traded on the NSX on Friday with about N$   2,721,848 worth of Anglo-American and N$ 231  of Letshego Holdings (Namibia) Ltd on the home front. ETFs worth N$ 469,792 were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase as directors buy shares belonging to the entity.
• Letshego Holdings (Namibia) Ltd shares were traded without no change in share price.
• New Gold Issuer Ltd NM ETF and New Gold Platinum ETF N positions were dumped by market participants.

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	13.29	13.29	0.00%
First Rand Namibia	FNB	30.50	30.50	0.00%
Standard Bank Namibia	SNO	4.00	4.00	0.00%
Oryx Limited	ORY	10.25	10.25	0.00%
Letshego	LHN	3.00	3.00	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.50	7.50	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	679.03	699.10	2.96%
B2Gold Corporation	B2G	63.50	65.84	3.69%
Oceana Group Limited	OCG	54.20	55.99	3.30%
Mediclinic International Plc	MEP	69.37	70.93	2.25%
Truworths	TRW	51.51	50.59	-1.79%
Nedbank Group Limited	NBK	208.14	209.88	0.84%
Standard Bank Group	SNB	161.18	160.92	-0.16%
Shoprite Holdings	SRH	207.61	204.49	-1.50%
FirstRand Limited	FST	67.21	67.20	-0.01%
Momentum Metropolitan Holdings	MMT	15.25	15.05	-1.31%
Old Mutual Ltd	OMM	12.04	12.05	0.08%
Sanlam Limited	SLA	61.93	62.82	1.44%
Santam Limited	SNM	279.53	277.84	-0.60%
Vukile Property Fund Limited	VKN	12.79	12.73	-0.47%
Investec Limited	IVD	91.26	94.75	3.82%
PSG Konsult Limited	KFS	12.50	12.19	-2.48%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	273.26	272.45	-0.30%
New Gold Palladium ETF	NGNPLD	304.24	304.49	0.08%
New Gold Platinum ETF N	NGNPLT	146.94	146.38	-0.38%
New Funds S&P NAM Bond	NFNAMA	16.81	16.87	0.36%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.79
EUR/ZAR	19.81
GBP/ZAR	19.81
EUR/GBP	0.84
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.70
USD/JPY	127.25
Commodities
Gold	1,852.55
Silver	21.85
Platinum	954.30
Palladium	1,963.78
WTI	110.75
Brent	110.56

Table 5: Exchange Rates and Commodities 

Local News

Promenade 61, Davos Platz is the place to be if you’re one of the 2 000 plus global business leaders attending the annual meeting of the World Economic Forum (WEF).  (Namibian Sun)

A Namibian man who allegedly operated a Ponzi scheme and defrauded 79 persons of N$4.3 million made a first appearance in the Windhoek High Court yesterday. (New Era Newspaper)

A total of 188 building plans with a combined value of N$107,6 million were approved in Windhoek during April 2022, compared to 247 in the prior month, realising a drop of 23,9% m/m, and 268 in April 2021 for a 29,9% drop y/y. (The Namibian)

Sub-Sahara News

Stage 2 load shedding will be implemented from 17:00 until 22:00 throughout the week, Eskom announced on Sunday. (News24)

The International Monetary Fund has extended its support for Somalia under its Extended Credit Facility to Aug. 17, the lender said on Friday. (CNBC Africa)

Municipalities are behind the contamination of freshwater sources, admits the provincial Cogta, with the DA accusing the provincial government of failure to hold local entities to account (All Africa News)

International News

The World Health Organization (WHO) says it expects to identify more cases of monkeypox as it expands surveillance in countries where the disease is not typically found. (Aljazeera News)

European stocks are likely to open lower on Monday, as Chinese economic data disappointed and the mere declaration of intent by Finland and Sweden to join NATO sent tensions in Europe soaring (RTT News)

Only Ukraine has the right to decide its future, the Polish president told lawmakers in Kyiv on Sunday, as he became the first foreign leader to give a speech in person to the Ukrainian parliament since Russia's Feb. 24 invasion. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,381,393	44,455,689	98.88%
ETFs	1,839	503,426	1.12%
Total	1,383,232	44,959,115	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 44,455,689 worth of shares was traded on the NSX on Tuesday, with about N$ 2,093,579 worth of Anglo-American and N$ 41,530,523 of FirstRand Namibia Ltd on the home front. ETFs worth N$ 503,426 were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase as directors buy shares belonging to the entity.
• FirstRand Namibia Ltd shares were the traded resulting in a decrease at close of business day
• New Gold Issuer Ltd NM ETF positions were dumped by market participants.

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	43.49	43.50	0.02%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.30	13.30	0.00%
First Rand Namibia	FNB	29.51	30.50	3.35%
Standard Bank Namibia	SNO	4.49	4.46	-0.67%
Oryx Limited	ORY	10.22	10.22	0.00%
Letshego	LHN	2.35	2.35	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.49	7.50	0.13%
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	668.90	692.84	3.58%
B2Gold Corporation	B2G	64.22	65.06	1.31%
Oceana Group Limited	OCG	53.50	52.79	-1.33%
Mediclinic International Plc	MEP	71.50	69.69	-2.53%
Truworths	TRW	54.47	53.24	-2.26%
Nedbank Group Limited	NBK	212.74	210.34	-1.13%
Standard Bank Group	SNB	163.88	163.25	-0.38%
Shoprite Holdings	SRH	224.35	217.74	-2.95%
FirstRand Limited	FST	68.04	67.80	-0.35%
Momentum Metropolitan Holdings	MMT	15.35	15.66	2.02%
Old Mutual Ltd	OMM	12.41	12.47	0.48%
Sanlam Limited	SLA	62.79	62.89	0.16%
Santam Limited	SNM	287.05	281.58	-1.91%
Vukile Property Fund Limited	VKN	13.09	12.94	-1.15%
Investec Limited	IVD	93.30	92.36	-1.01%
PSG Konsult Limited	KFS	13.08	13.00	-0.61%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	274.86	271.70	-1.15%
New Gold Palladium ETF	NGNPLD	311.03	319.70	2.79%
New Gold Platinum ETF N	NGNPLT	147.80	147.31	-0.33%
New Funds S&P NAM Bond	NFNAMA	16.73	16.76	0.18%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.91
EUR/ZAR	16.76
GBP/ZAR	19.84
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.70
USD/JPY	129.09
Commodities
Gold	1,810.55
Silver	21.62
Platinum	943.65
Palladium	2,016.78
WTI	110.06
Brent	111.87

Table 5: Exchange Rates and Commodities 

Local News

Depositors of the liquidated SME Bank will have to contend with receiving five cents on the dollar as liquidators have failed to raise enough money to pay its thousands of depositors.  (Namibian Sun)

Namibia disposed of about 318,000 doses of Covid-19 vaccines worth more than N$ 26 million as they have reached their expiry date. (New Era Newspaper)

When South Africa-based businessman Richard Akwei told managers at Amazing Kids Private School (AKPS) in March this year that Kenandei Tjivikua was taking over the school as acting managing director some parents saw it as part of the ongoing power struggle with the founder of the institution. (The Namibian)

Sub-Sahara News

The North Gauteng High Court in Pretoria has ordered state-owned arms manufacturer Denel to pay R13.2 million in outstanding salaries to 42 un-unionised current and former employees. (News24)

Zimbabwe has lifted its ban on bank lending, the central bank announced on Tuesday, more than a week after the government froze loans in a move it said was meant to stop speculation against a rapidly devaluing local currency. (CNBC Africa)

A number of social media posts claim that Rady Johnson, the executive vice president of pharmaceutical company Pfizer, has been arrested and charged with multiple counts of fraud by US federal agents. (All Africa News)

International News

North Korea has confirmed its first outbreak of COVID-19, raising fears of a humanitarian disaster in one of the world’s only unvaccinated countries as it goes into a nationwide lockdown. (Aljazeera News)

Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong stocks rising after China's securities watchdog pledged a slew of measures to shore up confidence in the region's worst performing stock market (RTT News)

Investigators looking into the crash of a China Eastern Airlines (600115.SS) jet are examining whether it was due to intentional action on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	188,893	10,567,033	100.00%
ETFs	-	-	0.00%
Total	188,893	10,567,033	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$10,567,033 worth of shares was traded on the NSX on Monday with about N$ 3,323,092 worth of Anglo-American plc, and N$2,964,278  of Namibia Breweries on the home front. No ETFs were traded on Monday

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase.
• Namibia Breweries  shares were traded resulting an decreasein share price at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	43.50	43.49	-0.02%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.30	13.30	0.00%
First Rand Namibia	FNB	29.51	29.51	0.00%
Standard Bank Namibia	SNO	4.49	4.49	0.00%
Oryx Limited	ORY	10.22	10.22	0.00%
Letshego	LHN	2.50	2.35	-6.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.49	7.49	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	650.01	668.90	2.91%
B2Gold Corporation	B2G	61.08	64.22	5.14%
Oceana Group Limited	OCG	54.00	53.50	-0.93%
Mediclinic International Plc	MEP	69.97	71.50	2.19%
Truworths	TRW	54.31	54.47	0.29%
Nedbank Group Limited	NBK	207.97	212.74	2.29%
Standard Bank Group	SNB	161.68	163.88	1.36%
Shoprite Holdings	SRH	223.70	224.35	0.29%
FirstRand Limited	FST	67.06	68.04	1.46%
Momentum Metropolitan Holdings	MMT	15.14	15.35	1.39%
Old Mutual Ltd	OMM	12.16	12.41	2.06%
Sanlam Limited	SLA	62.11	62.79	1.09%
Santam Limited	SNM	282.05	287.05	1.77%
Vukile Property Fund Limited	VKN	12.57	13.09	4.14%
Investec Limited	IVD	91.28	93.30	2.21%
PSG Konsult Limited	KFS	13.00	13.08	0.62%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	274.28	274.86	0.21%
New Gold Palladium ETF	NGNPLD	304.98	311.03	1.98%
New Gold Platinum ETF N	NGNPLT	147.59	147.80	0.14%
New Funds S&P NAM Bond	NFNAMA	16.73	16.73	0.00%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.03
EUR/ZAR	16.75
GBP/ZAR	19.82
EUR/GBP	0.84
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.68
USD/JPY	129.35
Commodities
Gold	1,827.32
Silver	21.67
Platinum	929.50
Palladium	1,987.78
WTI	111.81
Brent	114.27

Table 5: Exchange Rates and Commodities 

Local News

Irregularities of probable fraudulent payments and tax evasion involving N$ 12 million belongining to the Government Institutions Pension Fund (GIPF) have been reported to the Namibia Financial Authority (Nafisa) and Public Accountants and Auditors Board (PAAB).  (Namibian Sun)

Funding for Namibia’s green hydrogen project will require hefty financing, all of which will not be able to be sourced locally.. (New Era Newspaper)

The Road Fund Administration (RFA) anticipates losing N$ 300 million in the next three months following a decision by the government to cut down on levies to mitigate perpetual fuel price hikes. (The Namibian)

Sub-Sahara News

The details of the SAA-Takatso deal are finally in the public domain. But there won't be any scrutiny, at least by Parliament, any time soon, says Carol Paton. (News24)

Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. (CNBC Africa)

The AfCFTA Country Business Index (ACBI) has three key objectives including assessing the perceived impact of the African Continental Free Trade Area on the private sector's ability to trade and invest across African borders once the Area is operational. (All Africa News)

International News

North Korea has confirmed its first outbreak of COVID-19, raising fears of a humanitarian disaster in one of the world’s only unvaccinated countries as it goes into a nationwide lockdown (Aljazeera News)

European stocks rebounded on Tuesday, as investors sought bargains following four straight days of steep losses on fears of a recession and aggressive policy tightening by the U.S. Federal Reserve (RTT News)

Iraq's oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control over its oilfields and led to an exodus of international oil majors that Baghdad wants to invest in its creaking economy. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	27,000	658,437	100.00%
ETFs	-	-	0.00%
Total	27,000	658,437	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 658,437 worth of shares was traded on the NSX on Friday with about N$   243,188 worth of Old Mutual Ltd, and N$ 86,999 of Namibia Breweries on the home front. No ETFs were traded on Friday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase.
• Namibia Breweries  shares were traded resulting 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	43.48	43.50	0.05%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.30	13.30	0.00%
First Rand Namibia	FNB	29.51	29.51	0.00%
Standard Bank Namibia	SNO	4.49	4.49	0.00%
Oryx Limited	ORY	10.22	10.22	0.00%
Letshego	LHN	2.50	2.50	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.49	7.49	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	640.44	650.01	1.49%
B2Gold Corporation	B2G	66.04	61.08	-7.51%
Oceana Group Limited	OCG	55.13	54.00	-2.05%
Mediclinic International Plc	MEP	71.25	69.97	-1.80%
Truworths	TRW	52.58	54.31	3.29%
Nedbank Group Limited	NBK	207.87	207.97	0.05%
Standard Bank Group	SNB	162.54	161.68	-0.53%
Shoprite Holdings	SRH	222.62	223.70	0.49%
FirstRand Limited	FST	66.81	67.06	0.37%
Momentum Metropolitan Holdings	MMT	15.34	15.14	-1.30%
Old Mutual Ltd	OMM	11.96	12.16	1.67%
Sanlam Limited	SLA	61.40	62.11	1.16%
Santam Limited	SNM	278.63	282.05	1.23%
Vukile Property Fund Limited	VKN	12.57	12.57	0.00%
Investec Limited	IVD	90.03	91.28	1.39%
PSG Konsult Limited	KFS	13.10	13.00	-0.76%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	276.73	274.28	-0.89%
New Gold Palladium ETF	NGNPLD	301.26	304.98	1.23%
New Gold Platinum ETF N	NGNPLT	149.19	147.59	-1.07%
New Funds S&P NAM Bond	NFNAMA	16.72	16.73	0.06%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.21
EUR/ZAR	16.87
GBP/ZAR	19.84
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.68
USD/JPY	128.99
Commodities
Gold	1,804.75
Silver	21.84
Platinum	976.90
Palladium	1,934.00
WTI	107.41
Brent	110.13

Table 5: Exchange Rates and Commodities 

Local News

As the Swapo congress nears and calls intensify about potential candidates for the position of vice-president and eventually the party’s candidate in the 2024 elections.  (Namibian Sun)

Both the NamibiaRevenue Agency and the Namibian Police have been criticized for burning forfeited goods worth N$ 5 million. (New Era Newspaper)

Several women who have been lured to the Middle East by prospects of good jobs and earnings have issued distress calls to escape the appalling conditions under which they are allegedly forced to live. (The Namibian)

Sub-Sahara News

A sophisticated crime syndicate – in cahoots with Eskom officials, police and trucking companies – is stealing millions of rands worth of fuel by exploiting a design flaw at the Kriel Power Station in Mpumalanga. And it all has to do with a weighbridge on the wrong side of a gate. (News24)

Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform. (CNBC Africa)

As of May 15, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,629,693 while over  297,064,692 vaccinations have been administered across the continent. (All Africa News)

International News

North Korea has confirmed its first outbreak of COVID-19, raising fears of a humanitarian disaster in one of the world’s only unvaccinated countries as it goes into a nationwide lockdown (Aljazeera News)

European stocks declined on Monday on fears of an economic recession later this year as a result of rising inflation, higher interest rates, and the ongoing severe lockdown restrictions in China's Shanghai to contain the spread of COVID-19 (RTT News)

Leader Kim Jong Un has ordered North Korea's military to stabilize the distribution of COVID-19 medicine in the capital, Pyongyang, in the battle on the country's first confirmed outbreak of the disease, state media said. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	370,376	18,603,121	100.00%
ETFs	-	-	0.00%
Total	370,376	18,603,121	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 18,603,121 worth of shares was traded on the NSX on Thursday with about N$ 5,054,652 worth of Anglo-American, and N$ 458,975 of Namibia Breweries on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase.
• Namibia Breweries  shares were traded resulting a  decrease  in share price at closing

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	43.50	43.48	-0.05%
Nictus Holdings	NHL	1.75	1.75	0.00%
Capricorn	CGP	13.30	13.30	0.00%
First Rand Namibia	FNB	29.51	29.51	0.00%
Standard Bank Namibia	SNO	4.50	4.50	0.00%
Oryx Limited	ORY	10.21	10.21	0.00%
Letshego	LHN	2.50	2.50	0.00%
Namibia Asset Management	NAM	0.67	0.67	0.00%
Stimulus	SILP	127.90	127.90	0.00%
Paratus Namibia Holdings Ltd	PNH	12.01	12.01	0.00%
Mobile Telecommunication Company	MOC	7.51	7.49	-0.27%
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	674.15	640.44	-5.00%
B2Gold Corporation	B2G	64.27	66.04	2.75%
Oceana Group Limited	OCG	54.00	55.13	2.09%
Mediclinic International Plc	MEP	69.64	69.97	0.47%
Truworths	TRW	52.79	52.58	-0.40%
Nedbank Group Limited	NBK	207.66	207.87	0.10%
Standard Bank Group	SNB	161.98	162.54	0.35%
Shoprite Holdings	SRH	220.30	222.62	1.05%
FirstRand Limited	FST	65.48	66.81	2.03%
Momentum Metropolitan Holdings	MMT	15.63	15.34	-1.86%
Old Mutual Ltd	OMM	12.10	11.96	-1.16%
Sanlam Limited	SLA	62.23	61.40	-1.33%
Santam Limited	SNM	285.98	278.63	-2.57%
Vukile Property Fund Limited	VKN	12.79	12.57	-1.72%
Investec Limited	IVD	90.42	90.03	-0.43%
PSG Konsult Limited	KFS	13.10	13.10	0.00%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	277.68	276.73	-0.34%
New Gold Palladium ETF	NGNPLD	321.31	301.26	-6.24%
New Gold Platinum ETF N	NGNPLT	154.45	149.19	-3.41%
New Funds S&P NAM Bond	NFNAMA	16.58	16.72	0.84%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.00
EUR/ZAR	16.64
GBP/ZAR	19.56
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.68
USD/JPY	128.68
Commodities
Gold	1,824.75
Silver	20.84
Platinum	941.90
Palladium	1,930.00
WTI	107.12
Brent	108.72

Table 5: Exchange Rates and Commodities 

Local News

As the Swapo congress nears and calls intensify about potential candidates for the position of vice-president and eventually the party’s candidate in the 2024 elections.  (Namibian Sun)

Angry Epukiro farmers flocked to the constituency’s police station yesterday to express their dissatisfaction over dockets involving livestock theft that allegedly went missing from the station. (New Era Newspaper)

The launch of Namibia’s sovereign wealth fund yesterday had many applauding the initiative, though concerns were expressed the fund could turn out to be another SME bank, which was robbed under the same regulator and state. (The Namibian)

Sub-Sahara News

AB InBev CEO Michel Doukeris has assured beer lovers that they will be protected from inflation-led price increases, thanks to the group’s risk policy. (News24)

Asian stocks fell to an almost two-year low and the dollar rose to multi-year highs on Thursday as data showed U.S. inflation persistently hot, deepening investor worries about the economic toll of aggressive interest rate hikes to tame it. (CNBC Africa)

As of May 12, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,601,683 while over  296,921,172 vaccinations have been administered across the continent. (All Africa News)

International News

North Korea has confirmed its first outbreak of COVID-19, raising fears of a humanitarian disaster in one of the world’s only unvaccinated countries as it goes into a nationwide lockdown (Aljazeera News)

Asian stocks fell sharply on Friday as investors assessed the policy impacts of the Fed's tightening moves on consumer demand and the broader economy. (RTT News)

At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the potentially dire scale of the country's first confirmed outbreak of the pandemic. (Reuters)