Within the native market this week, the NSX Native index was down 1.11% at 472.6, and the NSX Total Index was up 2.08% at 1543.6. As at 13 September 2022, Namibia Breweries was the most important native firm on the change, with market capitalization of N$ 8.8 billion, adopted by FirstRand Namibia with N$ 8.1 billion, Capricorn Group with N$ 5.6 billion and Cellular Telecommunications with N$ 5.3 billion. Commonplace Financial institution Namibia Holdings lead the market this week, closing at N$ 4.7 per share after development of 6.8%, with Letshego Holdings Namibia second, closing at N$ 2.66 after development of 0.4%. By way of quantity Capricorn Group lead the market with N$ 0.2 million value of shares traded, with Trustco Group Holdings in second place with N$ 0.1 million value of shares traded. The native forex misplaced 0.88% in opposition to the US Greenback, to shut at N$ 17.44 per USD, and misplaced 0.65% in opposition to the British Pound, to shut at N$ 20.04 per GBP. It closed at N$ 17.39 in opposition to the Euro, a lack of 1.55%.

The Namibia Statistics Company launched the Commerce Statistics Bulletin for July 2022, and revealed that commerce throughout the month decreased by 3.9%, with N$ 18.9 billion in commerce in comparison with N$ 19.6 billion in June 2022. That is increased than the N$ 10.9 billion recorded in July 2021. Exports decreased by 14.8% to N$ 7.3 billion, with imports rising by 4.9% to N$ 11.6 billion. Because of this, the nation recorded a commerce deficit of N$ 4.3 billion, rising from N$ 2.5 billion in June. The lower in exports was primarily because of exports of uranium reducing by N$ 652 million, fish reducing by N$ 301 million, valuable stones (diamonds) reducing by N$ 250 million, ores and concentrates of base metals reducing by N$ 78 million, and printed matter reducing by N$ 73 million. The rise in imports was primarily because of imports of copper ores and concentrates rising by N$ 1.4 billion, ores and concentrates of valuable metals rising by N$ 693 million, valuable stones(diamonds) rising by N$ 126 million, motor autos for the transportation of products, rising by N$ 91 million, and alcoholic drinks rising by N$ 70 million. Botswana was Namibia’s largest export market (20.5%), with South Africa as Namibia’s largest import market (36.2%). Namibia’s seaports accounted for almost all of each imports (47.9%) in addition to exports (35%).