GCR affirms Oryx Properties Limited’s rating of BBB+(NA); Outlook Stable.

SUMMARY RATING RATIONALE Global Credit Ratings has accorded the above credit rating(s) to Oryx Properties Limited (“Oryx”) based on the following key criteria: Oryx is a leading player in the Namibian property sector. The fund’s local knowledge remains its core competitive advantage, and growth has been strongly supported by domestic… Continue reading

Bidvest Namibia anticipates basic EPS for 1H16 to be down 6%-8% on the previous corresponding period and HEPS to be down 10%-12%, primarily due to lower trading profit in the fishing division.