Oceana Group — seafood company listed on Namibia Securities Exchange, operating fishmeal, fish oil, wild-caught, and Lucky Star canning businesses.
News reports
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Windhoek Observer
Oceana Group recorded fuel hedging gain of N$25 million, though N$19 million remains unrealised
“The group also recorded a fuel hedging gain of N$25 million, although N$19 million of that amount remains unrealised.”
Namibian horse mackerel sales help oceana earningsWindhoek Observer
Oceana Group fell 4.6% to N$53.20
“Anglo American plc declined 1.6% to close at N$848.55, while Oceana Group fell 4.6% to N$53.20.”
NSX records N$52.4m in weekly trading activityElevate Uranium Limited granted more than 5.4 million performance rights and options to eligible employees under its 2026 Incentives Award Plan, comprising 1.03 million long-term incentive performance rights, 2.8 million long-term incentive options, and 1.59 million short-term incentive performance rights, announced on 28 October.
31 October 2026 · The Namibian →
Elevate Uranium Limited granted more than 5.4 million performance rights and options to eligible employees under its 2026 Incentives Award Plan, comprising 1.03 million long-term incentive performance rights, 2.8 million long-term incentive options, and 1.59 million short-term incentive performance rights, announced on 28 October.
31 October 2026 · The Namibian →
Oceana Group, listed on the Namibia Securities Exchange, forecasts headline earnings per share to increase between 46% and 56% for the financial year ended 30 September 2026, driven by higher operating profit and lower interest costs. The seafood company attributes the growth to stronger performances in its United States fishmeal and fish oil business, wild-caught seafood segment, and Lucky Star foods business.
28 October 2026 · Windhoek Observer →
The Namibian Securities Exchange's total market value increased by N$99 billion in August, rising 3.24% to N$3.15 trillion, driven mainly by strong gains in mining and bank shares including Anglo American, B2Gold, and Paladin Energy.
29 September 2026 · The Namibian →
Namibia Stock Exchange-listed Oceana Group reported increased operating profit for the 11 months ended 31 August, with strong performance from Lucky Star Foods and wild-caught seafood offsetting pressure from fishmeal and fish oil losses in Africa. Local canning production fell 60% due to frozen fish raw material shortages, though operating margins benefited from higher net realised sales values and lower freight costs.
22 September 2026 · Windhoek Observer →
Over 470 fishing vessels operating under African flags are secretly controlled by foreign owners, with profits channelled through shell companies and offshore accounts, according to data compiled by Oceana. Namibia has 30 such foreign-beneficially owned vessels; the African Defence Forum reports the continent loses at least N$212.8 billion annually in its fishing trade, primarily through illegal and unreported fishing.
25 June 2026 · New Era →
Oceana Group has disputed reports that its Lucky Star cannery in South Africa is closing, stating that operations have only been temporarily consolidated due to fish supply shortages. The company moved operations from its Amawandle facility to Lucky Star at St Helena Bay to protect workers' jobs amid difficulties sourcing sufficient fish stock.
3 June 2026 · The Namibian →
Two South African canning factories, Lucky Star and Amawandle, will close at the end of June, leaving workers facing six to eight months without work and no income. Workers and their union have expressed distress about the lack of severance or support during the shutdown.
2 June 2026 · The Namibian →
Oceana increased headline earnings per share by 7.7% for the six months ended 31 March, with Lucky Star and Wild Caught Seafood offsetting weaker global fish oil and fishmeal prices. Revenue declined 6% to R4.9 billion, but improved margins and lower financing costs supported profitability.
23 May 2026 · The Namibian →
Oceana Group's Namibian wild-caught seafood business improved performance in the six months to 31 March 2026 despite horse mackerel landings declining 16% to 16,649 tonnes, supported by stronger pricing, lower operating costs from reduced fuel prices, and fuel hedging gains of N$25 million.
22 May 2026 · Windhoek Observer →
The Namibia Securities Exchange recorded trading activity worth N$52.4 million during the week of 11 to 15 May 2026, with 868,151 shares traded across 69 deals. The financial sector led with N$36.7 million in turnover, while major stocks showed mixed performance, with Paladin Energy declining 14.3% to N$127.18.
18 May 2026 · Windhoek Observer →