• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 10, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Investing

This is how much you would have made from a N$10,000 investment in 2024

by editor
January 28, 2025
in Investing
11
A A
505
SHARES
8.4k
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

If you had invested N$10,000 in 2024, the best returns would have come from equities. An investment in the Cirrus Namibia Capped Dual Listed Equity Index (CNDCLI) would have grown to N$12,072 by year-end, delivering an impressive 20.7% return.

You might also like

Standard Bank Namibia backs blueberry project with N$40 million

Letshego finances 7,488 low-income Namibians through N$260m Social Bond

Capricorn Foundation invests N$1.17m in RuralRevive Initiative

Equities Shine Bright

Equities emerged as the top-performing asset class, with the CNDCLI delivering the highest returns in the Namibian context. “The CNDCLI index, priced in Namibian dollars, consists of JSE dual-listed companies on the Namibia Securities Exchange (NSX) Main Board,” explained Hiren Naidoo, a Junior Analyst at Cirrus Fund Managers.

To minimize concentration risk, the index caps the weighting of its constituents at 10%.

Although no exchange-traded fund (ETF) directly tracks the CNDCLI, investors can gain exposure by purchasing stocks such as Anglo-American PLC, Shoprite Holdings Ltd., and Nedbank Group Ltd.

Comparing Global and Local Indices

The MSCI World Index secured second place with a 19.1% return, translating into N$11,905 on a N$10,000 investment.

The global index tracks approximately 1,500 large and mid-cap companies across 23 developed countries.

“Strong performance was largely driven by large-cap technology stocks like Nvidia, Apple, and Microsoft, which consistently exceeded earnings expectations,” Naidoo nsaid.

Namibians can invest in the MSCI World Index through instruments like the FNB iShares Exchange Traded Note or the Satrix MSCI World Feeder Fund.

The NSX Local Index, after an exceptional 42.3% return in 2023, moderated to a 10% return in 2024.

Notable contributors included Letshego Holdings Ltd., with a 27.9% return, Capricorn Group Limited at 21.4%, and Nictus Holdings Ltd., which delivered 12.6%.

Commodities and Fixed Income

Commodities also performed well, with the NSX Commodity Index yielding an 18% return, or N$1,802 on a N$10,000 investment.

Geopolitical tensions, robust demand, and limited supply drove record highs in gold and silver prices. “Central banks increased gold reserves to counter inflation and currency risks,” Naidoo said.

Government bonds had an exceptional year, with South African bonds returning 17.3%.

Namibian nominal bonds and inflation-linked bonds returned 13.9% and 9.2%, respectively.

“South African bonds’ performance was buoyed by the formation of a Government of National Unity, which boosted investor confidence,” Naidoo said.

Cash Investments—Low Risk, Modest Gains

Cash investments, including fixed deposits and treasury bills, provided a return of 8.5%, adding N$851 to a N$10,000 investment.

The strong performance was initially driven by high interest rates, although these declined later in the year following three rate cuts.

Treasury bill and negotiable certificate of deposit yields fell from an average of 8.9% at the start of the year to between 7.5% and 8% by December.

Inflation’s Erosion Effect

Despite strong asset class performances, inflation remained a key consideration. Namibia’s annual inflation rate stood at 3.4% in December 2024.

“If you had kept your money under the mattress, your N$10,000 would only buy you N$9,671.18 worth of goods and services,” Naidoo said.

author avatar
editor
See Full Bio
Tags: Cirrus CapitalInvestingNSXshares
Share202Tweet126Share35
Previous Post

Toyotas account for 49% of vehicles sold in Namibia in 2024

Next Post

Driving Namibia’s just transition through open innovation in the water-energy nexus

Recommended For You

Standard Bank Namibia backs blueberry project with N$40 million

by reporter
July 7, 2025
0
Standard Bank Namibia backs blueberry project with N$40 million

Standard Bank Namibia has provided N$40 million in funding to Namibia Berries, a large-scale blueberry farming project near Divundu in the Kavango East region. The bank said the...

Read moreDetails

Letshego finances 7,488 low-income Namibians through N$260m Social Bond

by reporter
June 26, 2025
0
Letshego finances 7,488 low-income Namibians through N$260m Social Bond

Letshego Holdings Namibia says its N$260 million Social Bond, launched in May 2024, has helped finance 7,488 productive loans across the country, with the majority benefiting ultra-low-income earners....

Read moreDetails

Capricorn Foundation invests N$1.17m in RuralRevive Initiative

by reporter
June 25, 2025
0
Capricorn Foundation invests N$1.17m in RuralRevive Initiative

The Capricorn Foundation has committed an additional N$1.17 million to the RuralRevive Initiative in Maltahöhe, backing efforts to promote local economic development through horticulture and waste management. This...

Read moreDetails

Old Mutual launches global equity fund tracking 2,500 stocks in 47 markets

by reporter
June 19, 2025
0
Old Mutual launches global equity fund tracking 2,500 stocks in 47 markets

#image_title Old Mutual Investment Group Namibia has launched the Worldwide Equity Unit Trust Fund, a new investment product offering exposure to global markets through a portfolio that tracks...

Read moreDetails

Dangote meets Namibian President, eyes investment opportunities

by reporter
June 19, 2025
0
Dangote meets Namibian President, eyes investment opportunities

Africa’s richest man, Aliko Dangote, has expressed interest in investing in Namibia across several sectors, including oil, gas, and phosphate production. Speaking during a courtesy visit to President...

Read moreDetails
Next Post
Driving Namibia’s just transition through open innovation in the water-energy nexus

Driving Namibia’s just transition through open innovation in the water-energy nexus

Related News

Telecom plans N$367m fibre deployment investment

Telecom plans N$367m fibre deployment investment

July 6, 2023
Vos appointed Investment Banking Head at Bank Windhoek

Vos appointed Investment Banking Head at Bank Windhoek

January 26, 2023
SARB says more interest rate hikes are coming

SARB says more interest rate hikes are coming

November 1, 2022

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.