The Namibian Stock Exchange confirmed blended efficiency this week, with the NSX Local index remaining flat at 703 factors whereas the Overall Index superior 1.47% to shut at 1799.7. FirstRand Namibia maintained its place because the change’s largest native firm by market capitalization, valued at N$12.6 billion, adopted by Capricorn Group at N$11.0 billion. Namibia Breweries and Mobile Telecommunications rounded out the highest 4, with market caps of N$6.0 billion and N$5.9 billion respectively. Trading exercise was led by Oryx Properties, which noticed N$3.4 million value of shares altering arms, whereas FirstRand Namibia recorded N$2.0 million in trades. Letshego Holdings Namibia emerged because the week’s prime performer, albeit with modest beneficial properties of 0.4% to shut at N$5.1 per share. The Namibian Dollar confirmed power throughout main currencies, gaining 1.08% towards the Euro to N$19.14, whereas advancing 0.83% towards the US Dollar to N$18.52. Similar beneficial properties had been seen towards the British Pound, with the forex appreciating 0.82% to shut at N$22.94.
The nation’s headline inflation fee confirmed vital cooling in January 2025, dropping to three.2 p.c from 5.4 p.c a yr earlier, although month-to-month inflation ticked as much as 1.1 p.c from December’s 0.2 p.c. Core inflation, which excludes unstable meals and power costs, remained elevated at 3.7 p.c, suggesting underlying value pressures persist. Regional variations had been notable, with the capital area of Khomas main inflation at 3.5 p.c. The northern areas adopted intently at 3.3 p.c, whereas the coastal and southern areas registered a extra modest 2.6 p.c enhance. Food and non-alcoholic drinks continued to be the principle inflation driver, contributing 1.1 proportion factors to the headline determine. Housing and utilities added 0.7 proportion factors, whereas alcoholic drinks and tobacco contributed 0.5 proportion factors, rounding out the highest three inflationary pressures.