Article: ReconAfrica warns against short sellers

Article - Media, Publications

ReconAfrica warns against short sellers

Ed Reed, 02 June 2021

Reconnaissance Energy Africa continues to come under fire from various sources, including short sellers, but it has received public affirmation for its plans from local government in Namibia.

The Canadian company’s activities onshore Namibia have been criticised by environmental activists. Initially, worries focused on fracking, but they have grown to include the potential impact on water and elephants.

A whistleblower reported concerns on ReconAfrica to the US Securities and Exchange Commission on May 5, National Geographic reported. According to the report, the company had allegedly failed to provide important information in an attempt to increase its share price. Continue reading “Article: ReconAfrica warns against short sellers”

Article: Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity

Article - Media, Publications

Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity

Arney Tjaronda, 10 May 2021

Over the course of years, Hedge funds has been a driving force for the Johannesburg Securities Exchange (JSE) market. They have been nicknamed the miracle boy of the JSE due to its performance, so much so that in 2020 alone- despite the pandemic-the Single Manager Composite Index was +6.19% (HedgeNews Africa, January 18, 2021). How is that so? Before answering that question, I will define what hedge funds are.

Definition of hedge funds Continue reading “Article: Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity”