Category: Equity Market Research

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	97,528	5,415,880	100.00%
ETFs	-	-	0.00%
Total	97,528	5,415,880	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 5,415,880 worth of shares was traded on the NSX on Wednesday with about N$  1,522,075 worth of Anglo-American, and N$  66,693  of FirstRand Namibia Ltd on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded causing the share price to increase.
• FirstRand Namibia Ltd shares were traded without 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	43.50	0.00%
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	7.51	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	656.43	674.15	2.70%
B2Gold Corporation	B2G	65.22	64.27	-1.46%
Oceana Group Limited	OCG	54.40	54.00	-0.74%
Mediclinic International Plc	MEP	69.28	69.64	0.52%
Truworths	TRW	53.18	52.79	-0.73%
Nedbank Group Limited	NBK	209.97	207.66	-1.10%
Standard Bank Group	SNB	161.07	161.98	0.56%
Shoprite Holdings	SRH	220.90	220.30	-0.27%
FirstRand Limited	FST	65.60	65.48	-0.18%
Momentum Metropolitan Holdings	MMT	15.62	15.63	0.06%
Old Mutual Ltd	OMM	11.95	12.10	1.26%
Sanlam Limited	SLA	61.49	62.23	1.20%
Santam Limited	SNM	284.59	285.98	0.49%
Vukile Property Fund Limited	VKN	12.88	12.79	-0.70%
Investec Limited	IVD	88.08	90.42	2.66%
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	278.69	277.68	-0.36%
New Gold Palladium ETF	NGNPLD	323.09	321.31	-0.55%
New Gold Platinum ETF N	NGNPLT	153.65	154.45	0.52%
New Funds S&P NAM Bond	NFNAMA	16.49	16.58	0.55%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.19
EUR/ZAR	16.97
GBP/ZAR	16.98
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.68
USD/JPY	129.51
Commodities
Gold	1,851.36
Silver	21.38
Platinum	981.55
Palladium	2,014.78
WTI	104.06
Brent	106.05

Table 5: Exchange Rates and Commodities 

Local News

The Agronomy Producers Association (APA), affiliated with the Namibian Agriculture Union (NAU), has proposed a public-private partnership (PPP) deal to agriculture minister Calle Schlettwein for the government’s northern green scheme.  (Namibian Sun)

There are currently no punitive measures in place for electrical injuries and incidents in the electricity distribution sector. (New Era Newspaper)

SWAPO could reduce the number of years a candidate needs to compete for top party positions, such as president and vice president. (The Namibian)

Sub-Sahara News

SA needs to add a whopping 50 000 MW – equal to replacing its entire fleet – of additional generation capacity to the national transmission grid over the next 13 years to cover the energy supply gap and replace retiring coal stations, Eskom chief operating officer Jan Oberholzer said on Wednesday (News24)

The Executive Board of the International Monetary Fund has extended the credit facility line for Mozambique to assist in pushing forward the nation's recovery plans. (CNBC Africa)

As of May 11, 2022, confirmed cases of Covid-19 from 55 African countries reached 11,588,765 while over 296,827,946 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 rose broadly on Thursday after the U.S. Federal Reserve raised interest rates by 50 basis points, as widely expected, but struck a less hawkish tone than some had feared, saying inflation will "flatten out" over the coming months. (RTT News)

Finland is expected to announce on Thursday its intention to join NATO with Sweden likely to follow soon after, diplomats and officials said, as Russia's invasion of Ukraine reshapes European security and the Atlantic military alliance. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	80,413	10,375,277	100.00%
ETFs	-	-	0.00%
Total	80,413	10,375,277	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 10,375,277 worth of shares was traded on the NSX on Tuesday with about N$ 2,816,034 worth of Anglo-American, and N$ 3,984 of FirstRand Namibia Ltd on the home front. No ETFs were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American shares were traded resulting in a decrease in share price.
• FirstRand Namibia Ltd shares were traded without 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	43.50	0.00%
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	7.51	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	667.40	656.43	-1.64%
B2Gold Corporation	B2G	69.39	65.22	-6.01%
Oceana Group Limited	OCG	54.48	54.40	-0.15%
Mediclinic International Plc	MEP	70.41	69.28	-1.60%
Truworths	TRW	52.83	53.18	0.66%
Nedbank Group Limited	NBK	204.61	209.97	2.62%
Standard Bank Group	SNB	157.77	161.07	2.09%
Shoprite Holdings	SRH	214.88	220.90	2.80%
FirstRand Limited	FST	64.94	65.60	1.02%
Momentum Metropolitan Holdings	MMT	15.55	15.62	0.45%
Old Mutual Ltd	OMM	11.64	11.95	2.66%
Sanlam Limited	SLA	60.67	61.49	1.35%
Santam Limited	SNM	280.67	284.59	1.40%
Vukile Property Fund Limited	VKN	12.65	12.88	1.82%
Investec Limited	IVD	85.62	88.08	2.87%
PSG Konsult Limited	KFS	13.04	13.10	0.46%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	282.08	278.69	-1.20%
New Gold Palladium ETF	NGNPLD	329.46	323.09	-1.93%
New Gold Platinum ETF N	NGNPLT	149.29	153.65	2.92%
New Funds S&P NAM Bond	NFNAMA	16.53	16.49	-0.24%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.07
EUR/ZAR	16.95
GBP/ZAR	19.83
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	130.34
Commodities
Gold	1,838.06
Silver	21.50
Platinum	956.45
Palladium	2,052.03
WTI	102.08
Brent	104.85

Table 5: Exchange Rates and Commodities 

Local News

The Agronomy Producers Association (APA), affiliated with the Namibian Agriculture Union (NAU), has proposed a public-private partnership (PPP) deal to agriculture minister Calle Schlettwein for the government’s northern green scheme.  (Namibian Sun)

Founding President Sam Nuuyoma believes Namibia is ready for a female head of state while saying the ruling party Swapo needs to be transformed into a modern political party that deploys people based on merit. (New Era Newspaper)

Businessman Kealeboga Gift Magopi (47), who is based in South Africa and Botswana, allegedly defrauded a Namibian woman of a N$ 1.7 million inheritance from her mother. (The Namibian)

Sub-Sahara News

South Africa’s decision to sell a majority stake in the country’s loss-making national airline represents an ongoing financial risk to the state as the terms were skewed heavily toward the buyer, National Treasury has said. (News24)

Zimbabwean security guard Edwin Dapi was already struggling to provide for his wife and four children before a conflict 11,000 km (6,800 miles) away in Ukraine sent global prices for grains, cooking oils, fuel, and fertilizer soaring. (CNBC Africa)

The government has suspended the Miss Rwanda beauty pageant following several allegations of misconduct and abuse toward contestants. (All Africa News)

International News

China’s zero-COVID strategy to defeat the pandemic is not sustainable, the head of the World Health Organization has said, in a rare public criticism by the UN agency on a government’s handling of the coronavirus. (Aljazeera News)

Asian stocks gave up early gains to end broadly lower on Wednesday ahead of the Federal Reserve's monetary policy announcement due out later in the day. (RTT News)

China's military said on Wednesday that it had monitored and warned a U.S. warship that had sailed through the sensitive Taiwan Strait, a mission that happened shortly after China carried out drills near the island. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	356,112	31,089,315	100.00%
ETFs	-	-	0.00%
Total	356,112	31,089,315	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 31,089,315 worth of shares was traded on the NSX on Monday with about N$5,155,007 worth of Anglo-American, and N$ 5,902 of FirstRand Namibia Ltd 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 resulting in a decrease in share price.
• SBN Holdings Ltd shares were traded without 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	43.50	0.00%
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	7.51	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	688.19	667.40	-3.02%
B2Gold Corporation	B2G	69.60	69.39	-0.30%
Oceana Group Limited	OCG	54.13	54.48	0.65%
Mediclinic International Plc	MEP	71.50	70.41	-1.52%
Truworths	TRW	52.82	52.83	0.02%
Nedbank Group Limited	NBK	205.64	204.61	-0.50%
Standard Bank Group	SNB	157.15	157.77	0.39%
Shoprite Holdings	SRH	216.25	214.88	-0.63%
FirstRand Limited	FST	66.03	64.94	-1.65%
Momentum Metropolitan Holdings	MMT	15.90	15.55	-2.20%
Old Mutual Ltd	OMM	11.69	11.64	-0.43%
Sanlam Limited	SLA	61.25	60.67	-0.95%
Santam Limited	SNM	289.33	280.67	-2.99%
Vukile Property Fund Limited	VKN	12.78	12.65	-1.02%
Investec Limited	IVD	86.65	85.62	-1.19%
PSG Konsult Limited	KFS	13.52	13.04	-3.55%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	280.55	282.08	0.55%
New Gold Palladium ETF	NGNPLD	318.22	329.46	3.53%
New Gold Platinum ETF N	NGNPLT	149.24	149.29	0.03%
New Funds S&P NAM Bond	NFNAMA	16.58	16.53	-0.30%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.12
EUR/ZAR	17.05
GBP/ZAR	19.93
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	130.36
Commodities
Gold	1,862.41
Silver	22.05
Platinum	947.40
Palladium	2,133.27
WTI	101.97
Brent	104.69

Table 5: Exchange Rates and Commodities 

Local News

Construction on phase 2B of the China-aided Hosea Kutako International Airport road officially commerce yesterday. (Namibian Sun)

Namibians breathed a collective sigh of relief as news broke early last night that four ‘missing’ tourists were alive and well after a distress call was received by tourism officials over the weekend (New Era Newspaper)

Court documents provide detailed insight into how 178 weapons such as bombs, AK-47s, grenades, and rockets were allegedly stolen by five police officers in Windhoek (The Namibian)

Sub-Sahara News

The world cannot transition to a low-carbon future without mining, Anglo American's new CEO Duncan Wanblad said in his inaugural speech on Monday.. (News24)

The International Monetary Fund’s executive board on Monday approved a three-year, $456 million extended credit facility arrangement for Mozambique, with about $91 million available for immediate disbursement, the Fund said. (CNBC Africa)

The 15th session of the Conference of Parties (COP15) to the United Nations Convention to Combat Desertification (UNCCD), kicked off on Monday, in the Ivorian capital. (All Africa News)

International News

Tesla Inc halted production at its Shanghai plant on Monday due to issues with supplies, two people familiar with the matter have said. (Aljazeera News)

Australia's central bank raised its key interest rate for the first time in over 11 years as inflation picked up more than expected and the economy strongly weathered the headwinds. (RTT News)

Buildings in Odesa lay in ruins on Tuesday, a day after Kremlin forces pounded the southern Ukrainian port with missiles and Russian President Vladimir Putin led defiant celebrations marking the Soviet's victory over Nazi Germany in World War Two. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	52,203	8,751,499	100.00%
ETFs	-	-	0.00%
Total	52,203	8,751,499	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 8,751,499 worth of shares was traded on the NSX on Friday, with about N$  487,694 worth of Anglo-American, and N$ 1,125 of SBN Holdings Ltd 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 resulting in a decrease in share price.
• SBN Holdings Ltd shares were traded without 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	43.50	0.00%
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	7.50	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	703.52	688.19	-2.18%
B2Gold Corporation	B2G	69.63	69.60	-0.04%
Oceana Group Limited	OCG	54.50	54.13	-0.68%
Mediclinic International Plc	MEP	71.20	71.50	0.42%
Truworths	TRW	54.29	52.82	-2.71%
Nedbank Group Limited	NBK	213.92	205.64	-3.87%
Standard Bank Group	SNB	162.61	157.15	-3.36%
Shoprite Holdings	SRH	222.19	216.25	-2.67%
FirstRand Limited	FST	68.85	66.03	-4.10%
Momentum Metropolitan Holdings	MMT	16.01	15.90	-0.69%
Old Mutual Ltd	OMM	11.56	11.69	1.12%
Sanlam Limited	SLA	62.72	61.25	-2.34%
Santam Limited	SNM	295.52	289.33	-2.09%
Vukile Property Fund Limited	VKN	13.01	12.78	-1.77%
Investec Limited	IVD	89.21	86.65	-2.87%
PSG Konsult Limited	KFS	13.76	13.52	-1.74%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	280.79	280.55	-0.09%
New Gold Palladium ETF	NGNPLD	340.27	318.22	-6.48%
New Gold Platinum ETF N	NGNPLT	150.81	149.24	-1.04%
New Funds S&P NAM Bond	NFNAMA	16.71	16.58	-0.78%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.14
EUR/ZAR	16.96
GBP/ZAR	19.82
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	131.06
Commodities
Gold	1,871.26
Silver	22.20
Platinum	934.75
Palladium	2,035.78
WTI	109.17
Brent	111.88

Table 5: Exchange Rates and Commodities 

Local News

Vice-President Nangolo Mbumba has told graduates that they will live long enough to inherit a country richer than it is now. (Namibian Sun)

A lawyer representing the family of a nine-year-old girl who was run over by a Hardap farmer last week has threatened to sue the police investigator and prosecutors involved in the matter. (New Era Newspaper)

Truck drivers recently mandated Naretu commander in chief Petersen Kambinda to put in motion the nationwide strike. (The Namibian)

Sub-Sahara News

Some of South Africa's biggest companies have pledged millions of rand to help fund a prominent charity's response to deadly floods, highlighting the government's shortcomings when it comes to managing and dispensing relief. (News24)

Britain’s National Crime Agency (NCA) has recovered more than $23 million stolen from Nigeria by the country’s late military dictator Sani Abacha, it said on Thursday, the latest in a series of similar recoveries around the world. (CNBC Africa)

The Department of Water and Sanitation in South Africa has reiterated its call to residents to continue using water sparingly. Communities were also encouraged to report any water leaks and water infrastructure vandalism to local municipalities. (All Africa News)

International News

Taiwan’s government has signaled it will abandon plans to buy advanced anti-submarine helicopters from the United States, saying the price is too high. (Aljazeera News)

European stocks tumbled on Monday, with growth worries and interest rate fears weighing on markets ahead of this week's FOMC meeting. Investors continued to monitor the war in Ukraine as EU leaders work on a Russian oil embargo. (RTT News)

The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	18,630	259,673	100.00%
ETFs	-	-	0.00%
Total	18,630	259,673	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 259,673 worth of shares was traded on the NSX on Thursday, with about N$ 207,455 worth of FirstRand Namibia Ltd, and N$ 52,218 of SBN Holdings Ltd on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

• FirstRand Namibia Ltd shares were traded however it did not have any effect on the share price
• SBN Holdings Ltd shares were traded without 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	43.50	0.00%
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	7.52	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	700.00	703.52	0.50%
B2Gold Corporation	B2G	68.20	69.63	2.10%
Oceana Group Limited	OCG	54.00	54.50	0.93%
Mediclinic International Plc	MEP	71.43	71.20	-0.32%
Truworths	TRW	54.46	54.29	-0.31%
Nedbank Group Limited	NBK	215.33	213.92	-0.65%
Standard Bank Group	SNB	164.78	162.61	-1.32%
Shoprite Holdings	SRH	219.23	222.19	1.35%
FirstRand Limited	FST	69.00	68.85	-0.22%
Momentum Metropolitan Holdings	MMT	16.15	16.01	-0.87%
Old Mutual Ltd	OMM	12.15	11.56	-4.86%
Sanlam Limited	SLA	64.46	62.72	-2.70%
Santam Limited	SNM	300.38	295.52	-1.62%
Vukile Property Fund Limited	VKN	13.02	13.01	-0.08%
Investec Limited	IVD	91.02	89.21	-1.99%
PSG Konsult Limited	KFS	13.73	13.76	0.22%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.74	280.79	1.83%
New Gold Palladium ETF	NGNPLD	345.99	340.27	-1.65%
New Gold Platinum ETF N	NGNPLT	166.45	150.81	-9.40%
New Funds S&P NAM Bond	NFNAMA	16.49	16.71	1.33%

Table 4: ETFs

Exchange Rates
USD/ZAR	16.05
EUR/ZAR	16.89
GBP/ZAR	19.83
EUR/GBP	0.85
EUR/USD	1.05
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	130.67
Commodities
Gold	1,878.40
Silver	22.43
Platinum	945.60
Palladium	2,168.02
WTI	108.80
Brent	111.46

Table 5: Exchange Rates and Commodities 

Local News

President Hage Geingob yesterday accused young people of harboring racist and tribalist traits, urging them to forge for unity of purpose in order to attain their generational mission. (Namibian Sun)

Namibian consumers have to tighten their belts even further this winter, as electricity prices are going to increase from 1 July 2022. (New Era Newspaper)

Truck drivers recently mandated Naretu commander in chief Petersen Kambinda to put in motion the nationwide strike. (The Namibian)

Sub-Sahara News

Transnet is in "free fall" and it is throttling investment and will ultimately cause mines to close, industry leaders have warned. (News24)

Africa’s top public health body urged all those purchasing COVID-19 vaccines for the continent to place orders with South Africa’s Aspen Pharmacare APNJ.J, saying the market was key to developing vaccine manufacturing on the continent. (CNBC Africa)

As of May 5, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,540,181 while over  294,169,448 vaccinations have been administered across the continent.. (All Africa News)

International News

Taiwan’s government has signaled it will abandon plans to buy advanced anti-submarine helicopters from the United States, saying the price is too high. (Aljazeera News)

European stock markets are expected to trade cautiously on Friday as a slew of data releases across the bloc update investors on the economic growth, price patterns, and economic activity. (RTT News)

Philippine voters head to the polls on Monday in a presidential election shaping up as a rematch between the son and namesake of the country's late dictator and the human rights lawyer who narrowly beat him in the 2016 vice presidential contest. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	13,440.00	1,096,952.00	100.00%
ETFs	-	-	0.00%
Total	13,440.00	1,096,952.00	100.00

Table 1: NSX Trades

NSX Activities

A total of N$ 1,096,952.00 worth of shares was traded on the NSX on Wednesday, with about N$   273,715 worth of Anglo-American plc, and N$   29,313 of Shoprite Holdings, and no activity on the home front. No ETFs were traded on Wednesday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American plc share price reduced as sell-off trend develops in the mining sector
• Shoprite Holdings shares were traded resulting in 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	43.50	0.00%
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	7.52	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	711.38	700.00	-1.60%
B2Gold Corporation	B2G	67.34	68.20	1.28%
Oceana Group Limited	OCG	55.00	54.00	-1.82%
Mediclinic International Plc	MEP	72.90	71.43	-2.02%
Truworths	TRW	56.60	54.46	-3.78%
Nedbank Group Limited	NBK	219.08	215.33	-1.71%
Standard Bank Group	SNB	165.15	164.78	-0.22%
Shoprite Holdings	SRH	224.42	219.23	-2.31%
FirstRand Limited	FST	67.47	69.00	2.27%
Momentum Metropolitan Holdings	MMT	16.60	16.15	-2.71%
Old Mutual Ltd	OMM	12.22	12.15	-0.57%
Sanlam Limited	SLA	64.50	64.46	-0.06%
Santam Limited	SNM	294.18	300.38	2.11%
Vukile Property Fund Limited	VKN	13.12	13.02	-0.76%
Investec Limited	IVD	92.58	91.02	-1.69%
PSG Konsult Limited	KFS	13.65	13.73	0.59%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	277.18	275.74	-0.52%
New Gold Palladium ETF	NGNPLD	347.68	345.99	-0.49%
New Gold Platinum ETF N	NGNPLT	117.08	166.45	42.17%
New Funds S&P NAM Bond	NFNAMA	15.91	16.49	3.65%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.52
EUR/ZAR	16.47
GBP/ZAR	19.49
EUR/GBP	0.84
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	129.36
Commodities
Gold	1,901.97
Silver	23.20
Platinum	990.76
Palladium	2,258.00
WTI	108.66
Brent	111.13

Table 5: Exchange Rates and Commodities 

Local News

About 100 construction workers may lose their jobs unless the government keeps its promise to pay N$100 million by tomorrow for the Windhoek- Okahandja dual carriageway. (Namibian Sun)

Over 100 war veterans, who received between N$ 2,500 to N$ 5,000 monthly, are setting up camp to force the government to increase their allowance. (New Era Newspaper)

Truck drivers recently mandated Naretu commander in chief Petersen Kambinda to put in motion the nationwide strike. (The Namibian)

Sub-Sahara News

Some international airlines whose suppliers still cannot guarantee enough jet fuel supplies at OR Tambo International Airport currently have to detour via Durban or even Windhoek to refuel. (News24)

Inflation in South Africa is set to rise to 8% this year, overshooting the central bank’s target amid the global impact of the Ukraine conflict and rising U.S. interest rates, credit rating agency Moody’s forecast in a report on Wednesday. (CNBC Africa)

Local officials and security sources have said that Al-Shabaab fighters stormed an African Union military base in the village of El-Baraf in Somalia's Middle Shabelle region on May 3, 2022. (All Africa News)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	348,839	14,991,032	100.00%
ETFs	-	-	0.00%
Total	348,839	14,991,032	100.00%

Table 1: NSX Trades

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NSX Activities

A total of N$ 14,991,032 worth of shares was traded on the NSX on Thursday with about N$  1,923,667  worth of Anglo-American plc, and N$  255,055  of FirstRand Namibia Ltd on the home front. No ETFs were traded on Thursday.

HEI Equity Research Commentary

From the trading activity that took place:

• Anglo-American plc share price reduced as sell-off trend develops in the mining sector
• On the NSX local listing, FirstRand Namibia shares were were traded without a change in share price.

Name	NSX Local Ticker	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
Namibian Breweries	NBS	40.01	43.50	8.72%
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	7.52	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	658.41	687.05	4.35%
B2Gold Corporation	B2G	67.04	66.04	-1.49%
Oceana Group Limited	OCG	54.40	55.00	1.10%
Mediclinic International Plc	MEP	75.02	75.40	0.51%
Truworths	TRW	56.67	55.75	-1.62%
Nedbank Group Limited	NBK	217.22	221.56	2.00%
Standard Bank Group	SNB	168.02	169.68	0.99%
Shoprite Holdings	SRH	231.06	232.69	0.71%
FirstRand Limited	FST	68.30	69.22	1.35%
Momentum Metropolitan Holdings	MMT	16.53	16.49	-0.24%
Old Mutual Ltd	OMM	12.19	12.38	1.56%
Sanlam Limited	SLA	68.32	68.54	0.32%
Santam Limited	SNM	288.13	291.64	1.22%
Vukile Property Fund Limited	VKN	13.32	13.25	-0.53%
Investec Limited	IVD	94.85	95.54	0.73%
PSG Konsult Limited	KFS	13.70	13.45	-1.82%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	282.13	283.56	0.51%
New Gold Palladium ETF	NGNPLD	338.87	348.84	2.94%
New Gold Platinum ETF N	NGNPLT	141.00	142.28	0.91%
New Funds S&P NAM Bond	NFNAMA	16.31	16.38	0.43%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.88
EUR/ZAR	16.73
GBP/ZAR	19.88
EUR/GBP	0.84
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	130.51
Commodities
Gold	1,907.04
Silver	23.41
Platinum	912.65
Palladium	2,191.77
WTI	102.08
Brent	105.21

Table 5: Exchange Rates and Commodities 

Local News

No much further rain is expected countrywide in the morning weeks, although it is possible for the southern parts of Namibia to receive light showers in the second week of May from the frontal system bringing cloudy and cooler conditions. (Namibian Sun)

With the winter season upon us, President Hage Geingob has once againg called on Namibians who are unvaccinated to get their Covid-19 shots against the deadly virus. (New Era Newspaper)

State house has defended remarks by the president Hage Geingob, including the head of state telling those involved in traditional disputes “don’t go to white courts”.(The Namibian)

Sub-Sahara News

Eskom's performance is deteriorating, giving rise to fears that the company cannot be saved. But, as Carol Paton writes,  it is too big to fail, and taxpayers and consumers will have to pay to save it. (News24)

Africa is seeing an uptick in COVID-19 infections, largely driven by a doubling in cases reported in South Africa, the World Health Organization said on Thursday, urging people across the continent to continue to get vaccinated. (CNBC Africa)

The government signed an U.S.$80 million deal with coffee firm Uganda Vinci Coffee Company Limited (UVCC), to establish a coffee processing plant at Namanve industrial park. The deal - signed by company director Enrica Pinetti - led a parliamentary committee investigation after several irregularities were discovered. (All Africa News)

International News

Elon Musk’s $44bn bid to buy Twitter puts the world’s richest man in the crosshairs of censorship-prone governments such as China and India, raising questions about how the Tesla CEO might respond to demands to stifle dissent in countries where he does business. (Aljazeera News)

Asian stocks slumped on Friday, pressured by strength in U.S. Treasury yields amid hawkish Federal Reserve bets. (RTT News)

Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	1,020,934	18,306,865	100.00%
ETFs	-	-	0.00%
Total	1,020,934	18,306,865	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 18,306,865 worth of shares was traded on the NSX on Tuesday, with about N$ 217,860 worth of Shoprite Holdings, and N$ 126,510 of Letshego Holdings (Namibia) Ltd on the home front. No ETFs were traded on Tuesday.

HEI Equity Research Commentary

From the trading activity that took place:

• Shoprite Holdings  share price reduced as sell-off trend develops in the retail sector
• On the NSX local listing, Letshego Holdings (Namibia) Ltd shares were bought with a decline 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	13.30	13.30	0.00%
First Rand Namibia	FNB	30.04	29.51	-1.76%
Standard Bank Namibia	SNO	4.50	4.50	0.00%
Oryx Limited	ORY	10.21	10.21	0.00%
Letshego	LHN	2.51	2.50	-0.40%
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	7.54	7.52	-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	651.00	658.41	1.14%
B2Gold Corporation	B2G	70.13	67.04	-4.41%
Oceana Group Limited	OCG	55.68	54.40	-2.30%
Mediclinic International Plc	MEP	75.04	75.02	-0.03%
Truworths	TRW	55.23	56.67	2.61%
Nedbank Group Limited	NBK	217.13	217.22	0.04%
Standard Bank Group	SNB	168.60	168.02	-0.34%
Shoprite Holdings	SRH	232.80	231.06	-0.75%
FirstRand Limited	FST	67.85	68.30	0.66%
Momentum Metropolitan Holdings	MMT	16.70	16.53	-1.02%
Old Mutual Ltd	OMM	12.11	12.19	0.66%
Sanlam Limited	SLA	67.60	68.32	1.07%
Santam Limited	SNM	282.14	288.13	2.12%
Vukile Property Fund Limited	VKN	13.28	13.32	0.30%
Investec Limited	IVD	95.60	94.85	-0.78%
PSG Konsult Limited	KFS	13.41	13.70	2.16%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	275.72	282.13	2.32%
New Gold Palladium ETF	NGNPLD	328.19	338.87	3.25%
New Gold Platinum ETF N	NGNPLT	139.91	141.00	0.78%
New Funds S&P NAM Bond	NFNAMA	16.30	16.31	0.06%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.82
EUR/ZAR	16.85
GBP/ZAR	19.93
EUR/GBP	0.84
EUR/USD	1.06
GBP/USD	1.25
AUD/USD	0.71
USD/JPY	127.72
Commodities
Gold	1,898.25
Silver	23.77
Platinum	912.65
Palladium	2,191.77
WTI	102.08
Brent	105.21

Table 5: Exchange Rates and Commodities 

Local News

The Namibia Agricultural Union (NAU) says the proposed bill on the regulation of foreign ownership of land in Namibia by the Affirmative Repositioning (AR) movement. (Namibian Sun)

Students at the University of Namibia’s  Ogongo Campus are devastated as months and sometimes years pass with no lecturers for some subjects on campus. (New Era Newspaper)

City of Windhoek executives are against a proposal by a private company that cheaply bought a N$ 10 million plot from the council in 2016 to sell it on to a state-owned agency- warning that could set a dangerous precedent. (The Namibian)

Sub-Sahara News

Funding for South Africa's just energy transition should not negatively impact the country's fiscal position and borrowing programmes, says Daniel Mminele, head of the Presidential Climate Finance Task Team. (News24)

Zambian President Hakainde Hichilema thanked China on Monday for joining international efforts to help his country to restructure its debt after China committed to joining Zambia’s creditor committee at International Monetary Fund meetings last week. (CNBC Africa)

Sasol, the producer of fuel products and chemicals from coal, has said the impact of the KwaZulu-Natal floods may affect its fourth-quarter volume outlook. The firm has also declared a force majeure on the export of some chemicals products. (All Africa News)

International News

Polish and Bulgarian officials say Russia is cutting off gas deliveries to their countries after their refusal to pay in Russian roubles, a demand made by President Vladimir Putin as the West tightened sanctions over the war in Ukraine. (Aljazeera News)

European bourses are expected to open on a cautious note on Wednesday as sentiments remain weak amidst worries of a global slowdown and pain-points from the war in Eastern Europe. (RTT News)

The second round of COVID-19 testing in Beijing's largest district began on Wednesday, with this week's campaign to screen most of the Chinese capital's 22 million residents so far detecting less than three dozen new infections a day. (Reuters)

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	252,529	32,299,291	100.00%
ETFs	-	-	0.00%
Total	252,529	32,299,291	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 32,299,291 worth of shares was traded on the NSX on Monday, with about N$  15,193,413 worth of Anglo-American plc, N$  1,437,780 worth of Shoprite Holdings, and N$  86,502 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’s share price reduced as the sell-off trend develops in the mining index on the stock market.
• Shares belonging to Shoprite Holdings were bought in spite of market conditions intensity.
• On the NSX local listing, Namibia Breweries Ltd shares were bought without a 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	13.30	13.30	0.00%
First Rand Namibia	FNB	30.04	30.04	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	2.51	0.40%
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	7.53	7.53	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	703.47	651.00	-7.46%
B2Gold Corporation	B2G	72.22	70.13	-2.89%
Oceana Group Limited	OCG	56.00	55.68	-0.57%
Mediclinic International Plc	MEP	75.63	75.04	-0.78%
Truworths	TRW	55.72	55.23	-0.88%
Nedbank Group Limited	NBK	222.74	217.13	-2.52%
Standard Bank Group	SNB	170.94	168.60	-1.37%
Shoprite Holdings	SRH	238.97	232.80	-2.58%
FirstRand Limited	FST	69.57	67.85	-2.47%
Momentum Metropolitan Holdings	MMT	16.89	16.70	-1.12%
Old Mutual Ltd	OMM	12.39	12.11	-2.26%
Sanlam Limited	SLA	69.26	67.60	-2.40%
Santam Limited	SNM	292.00	282.14	-3.38%
Vukile Property Fund Limited	VKN	13.40	13.28	-0.90%
Investec Limited	IVD	99.12	95.60	-3.55%
PSG Konsult Limited	KFS	13.48	13.41	-0.52%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	282.29	275.72	-2.33%
New Gold Palladium ETF	NGNPLD	365.00	328.19	-10.08%
New Gold Platinum ETF N	NGNPLT	141.14	139.91	-0.87%
New Funds S&P NAM Bond	NFNAMA	16.32	16.30	-0.12%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.70
EUR/ZAR	16.84
GBP/ZAR	20.08
EUR/GBP	0.83
EUR/USD	1.10
GBP/USD	1.38
AUD/USD	0.71
USD/JPY	127.95
Commodities
Gold	1,905.75
Silver	23.77
Platinum	915.30
Palladium	2,175.50
WTI	99.22
Brent	103.03

Table 5: Exchange Rates and Commodities 

NSX Trades	Traded Volume (No. Shares)	Monetary Amount (N$)	Trading Contribution (%)
Overall	683,314	45,105,635	100.00%
ETFs	-	-	0.00%
Total	683,314	45,105,635	100.00%

Table 1: NSX Trades

NSX Activities

A total of N$ 45,105,635 worth of shares was traded on the NSX on Friday, with about N$ 1,961,750 worth of Anglo-American plc, N$ 154,246 worth of Shoprite Holdings, and N$  148,557 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’s share price reduced as sell-off trend develops in the mining index on the stock market.
• Shares belonging to Shoprite Holdings were bought in spite of market conditions intensity.
• On the NSX local listing, Namibia Breweries Ltd shares were bought 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	13.30	13.30	0.00%
First Rand Namibia	FNB	30.04	30.04	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	2.51	0.40%
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	7.53	7.53	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	740.07	703.47	-4.95%
B2Gold Corporation	B2G	72.57	72.22	-0.48%
Oceana Group Limited	OCG	56.00	56.00	0.00%
Mediclinic International Plc	MEP	76.81	75.63	-1.54%
Truworths	TRW	55.39	55.72	0.60%
Nedbank Group Limited	NBK	221.28	222.74	0.66%
Standard Bank Group	SNB	170.36	170.94	0.34%
Shoprite Holdings	SRH	235.10	238.97	1.65%
FirstRand Limited	FST	69.53	69.57	0.06%
Momentum Metropolitan Holdings	MMT	16.62	16.89	1.62%
Old Mutual Ltd	OMM	12.29	12.39	0.81%
Sanlam Limited	SLA	69.29	69.26	-0.04%
Santam Limited	SNM	295.02	292.00	-1.02%
Vukile Property Fund Limited	VKN	13.38	13.40	0.15%
Investec Limited	IVD	100.11	99.12	-0.99%
PSG Konsult Limited	KFS	13.75	13.48	-1.96%

Table 3: Dual Listed Trades

Name	ETFs	Price Previous Close 'N$	Price End of Day 'N$	Daily Change %
New Gold Issuer Ltd NM	NGNGLD	278.86	282.29	1.23%
New Gold Palladium ETF	NGNPLD	364.18	365.00	0.23%
New Gold Platinum ETF N	NGNPLT	144.59	141.14	-2.39%
New Funds S&P NAM Bond	NFNAMA	16.43	16.32	-0.67%

Table 4: ETFs

Exchange Rates
USD/ZAR	15.69
EUR/ZAR	16.90
GBP/ZAR	20.09
EUR/GBP	0.83
EUR/USD	1.10
GBP/USD	1.30
AUD/USD	0.71
USD/JPY	128.53
Commodities
Gold	1,917.30
Silver	23.77
Platinum	921.05
Palladium	2,294.27
WTI	98.72
Brent	102.71

Table 5: Exchange Rates and Commodities 

Local News

The Namibia Agricultural Union (NAU) says the proposed bill on the regulation of foreign ownership of land in Namibia by the Affirmative Repositioning (AR) movement. (Namibian Sun)

Works minister John Mutorwa says his ministry is facing a N$ 57 million budget shortfall to pay for office accommodation to ensure government institutions have facilities to operate from.  (New Era Newspaper)

The government has been criticized for its non-essential expenses, including on safety and security, while compromising key issues such as poverty eradication and job creation. (The Namibian)

Sub-Sahara News

Zimbabwean President Emmerson Mnangagwa said banks and companies involved in local currency manipulation and unjustifiable increases in the prices of goods and services could lose their operating licenses, according to a report by a state media outlet. (News24)

The seven countries of the East African Community (EAC) have agreed to set up a regional military force to try to end decades of bloodshed caused by militant activity in the eastern Democratic Republic of Congo, Kenya said. (CNBC Africa)

Bamako — Six soldiers are dead and 20 wounded after Malian Army bases in the central cities of Sévaré, Niono, and Bapho were simultaneously attacked this morning by suspected terrorists. (All Africa News)

International News

French President Emmanuel Macron has won a second term in office, defeating his far-right rival Marine Le Pen by a comfortable margin in a runoff election. (Aljazeera News)

Asian stocks fell broadly on Monday due to inflation worries and a deepening crisis in Ukraine. (RTT News)

Beijing kicked off three rounds of COVID-19 testing for all residents of its biggest district Chaoyang on Monday after dozens of cases were reported, prompting people to stock up on food over fears of an eventual strict Shanghai-style lockdown. (Reuters)