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History

  • 1904 Foundation of the first Namibian stock exchange in Lüderitz due to the diamond rush
  • 1910 Within a few years the rush was over and the exchange closed
  • 1990 National Independence from South African occupation and idea of a second Namibian stock exchange
    - With the plan to build an independent economy government gave full moral and legislative support,
    while funding came from 36 leading Namibian businesses representing the full cross section
    of interested parties in developing capital markets: each donated N$10.000 as start-up capital
    • 1992 Official launch of the Namibian stock exchange with one dual listed firm and one stockbroker
    • 2012 B2gold, a vancouver based mid tier gold producer and developer of the Otjikoto gold project has scored a first for the country’s financial market by issuing a Namibian Depositary Receipt (NDR) on NSX
    • 2013 Agra became the first unlisted public company to be quoted on the OTC Market (the OTC Market of Namibia is an over the counter market service administered by the NSX)
    • 2014 A total of 38 companies are listed on the NSX which include 4 Commodity ETF’s with four stock brokers and seven sponsors

 

Structure

 

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