Namibian Potentially Undervalued Companies

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: R6.5b

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

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

B2Gold

Market Cap: R8.9b

Operates as a gold producer company in Canada.

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.

Agra

Market Cap: R431.1m

Engages in the agricultural retail and wholesale business in Namibia.

Bannerman Energy

Market Cap: R755.9m

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

Santam

Market Cap: R44.7b

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