Namibian Potentially Undervalued Companies

B2Gold

Market Cap: R7.2b

Operates as a gold producer company in Canada.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Namibia Breweries

Market Cap: R6.3b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Oceana Group

Market Cap: R6.9b

Operates as a fishing and food processing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally.

Nictus Holdings

Market Cap: R181.7m

Nictus Holdings Limited, together with its subsidiaries, retails motor vehicles, tires, furniture, electrical appliances, and home electronics in Namibia.

Truworths International

Market Cap: R18.6b

An investment holding and management company, engages in the retail of fashion apparel and accessories.

Agra

Market Cap: R431.1m

Engages in the agricultural retail and wholesale business in Namibia.

Vukile Property Fund

Market Cap: R27.5b

Vukile Property Fund (JSE: VKE), the leading specialist retail real estate investment trust (REIT), through its 99.5% held Spanish subsidiary Castellana Properties, has acquired the largest shopping centre in Spain's Valencia province, the iconic Bonaire Shopping Centre, from multinational retail REIT Unibail-Rodamco-Westfield.

Bannerman Energy

Market Cap: R695.7m

Engages in the exploration and development of uranium properties in Africa.

Momentum Group

Market Cap: R45.2b

Provides insurance and financial services in South Africa and internationally.

Santam

Market Cap: R43.4b

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally.