Namibia Securities Exchange


The Namibia Securities Exchange is the only exchange in Namibia. Based in Windhoek, it is one of the largest exchanges on the African continent. It has a partnership with JSE in neighbouring South Africa. The NSX is only open on weekdays, and trades continuously from 09:00 to 17:00, excluding public holidays.
The exchange operates under a license from the Namibian non-banking financial regulator NAMFISA. The exchange is regulated by the Stock Exchanges Control Act.
WWW Official Site

History

The first exchange in Namibia was founded in Lüderitz. It opened at the start of the 1900s as a result of the diamond rush, which brought hundreds of prospectors to the desert, who then built settlements in the area. After a few years, the old exchange closed when the diamond rush ended and there were no more business opportunities.

Relaunch

The idea of a second Exchange for Namibia was started as people planned to build an independent economy ahead of the 1990 national independence from South African occupation. The government gave the idea the go ahead and full legislative support, while funding came from 36 leading Namibian businesses, representing the full cross-section of interested parties in developing capital markets, who became founder members by donating N$10,000 each to act as start-up capital for the first three years of the exchange. The official launch, by then Finance Minister Gert Hanekom, was on September 30, 1992, and trading began the next day in the shares of Nictus, a local firm already listed in Johannesburg, and on that day dual-listed in Namibia. At that stage there was only one stockbroker, who also acted as consultant. Since then, five more stockbrokers have joined and annually a year the NSX sets examinations for new stockbrokers.

Listed companies

, there are 59 companies listed on the exchange. These include 47 companies with more than one listing, of which 39 companies are listed on the JSE in South Africa. The Namibia Securiites Exchange has twelve local listings.
CompanySector
Anglo-AmericanIndustrial Metals
Paladin EnergyMining
Namibia Breweries LtdBeverages
Oceana Group LtdFood Production
Nictus HoldingsTrade
Truworths InternationalTrade
Shoprite HoldingsFood Trade
Capricorn Investment Group LtdBanking
FirstRand LtdBanking
FirstRand Namibia LtdBanking
Nedbank GroupBanking
Standard Bank Namibia GroupBanking
SBN Holdings LtdBanking
Santam LtdInsurance
Momentum Group LimitedLife Insurance
Old Mutual LtdLife Insurance
Sanlam LtdLife Insurance
Oryx Properties LtdReal Estate
Vukile Property Fund LtdReal Estate
Investec LtdFinance
Namibia Asset Management LtdFinance
PSG Financial Services LtdFinance
Stimulus Investments LtdFinance
Tadvest LimitedFinance
TrustCo Group Holdings LtdFinance
Letshego Holdings (Namibia) LtdFinance
B2Gold CorporationMining
Andrada Mining LtdMining
Bannerman Resources LtdMining
Deep Yellow LtdMining
Celsius Resources LimitedMining
Forsys Metals CorpMining
Elevate Uranium LtdMining
Koryx Copper IncMining
Reconnaissance Energy Afr LtdMining
Mobile Telecommunications LtdTelecommunications Services
Paratus Namibia Holdings LtdTelecommunications Services
Alpa Namibia Industries Renewable Power LtdAlternative Electricity
1nvest GoldETF
1nvest PlatinumETF
Satrix S&P Namibia BondETF
New Gold Issuer LtdETF
New Gold PalladiumETF
New Gold PlatinumETF
Satrix MSCI EMG MarketsETF
Satrix MSCI World FeederETF
Satrix Nasdaq 100 PrtfETF
Satrix S&P 500 FeederETF
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