The Namibian Scholars' Investment Challenge (NSIC) will resume in 2021 only. Thanks for your understanding. For further queries, kindly contact Johene at info@nsx.com.na.

In the meantime, prepare yourself to be ready and read all necessary information under the menu NSIC.

 

Website Terms of Use

Introduction

These Website Standard Terms And Conditions (these “Terms” or these “Website Standard Terms And Conditions”) contained herein on this website www.nsx.com.na owned by the Namibian Stock Exchange (the NSX), a not for profit organisation in Namibia shall govern the relationship between you, the NSX and subsidiaries in your use of this website, including all pages within this website (collectively referred to herein below as this “Website”). These Terms which include our privacy policy (collectively the terms of use) apply in full force and effect to your use of this Website and by using this Website, you expressly accept all terms and conditions contained herein in full. By using the website, you are agreeing to comply with and be legally bound by the terms of use, and you provide your express consent for your personal information to be dealt with on the terms of the privacy policy. You must not use this Website, if you have any objection to any of these Website Standard Terms and Conditions.

Content

The website is intended to provide general information regarding the NSX and its products and services and is not intended to, nor does it constitute, investment or other professional advice. Before making any investment decision or taking any action that might affect your personal finances or business, you should consult your own professional advisors.

Restrictions on use

You are expressly and emphatically restricted from all of the following, without first obtaining written authority from the NSX:

  • publishing any Website material in any media;
  • selling, sublicensing and/or otherwise commercializing any Website material;
  • publicly performing and/or showing any Website material;
  • using this Website in any way that is, or may be, damaging to this Website;
  • using this Website in any way that impacts user access to this Website;
  • using this Website contrary to applicable laws and regulations, or in a way that causes, or may cause, harm to the Website, or to any person or business entity;
  • engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website, or while using this Website;
  • using this Website to engage in any advertising or marketing;
  • you may not remove any copyright, trademark or other intellectual property right notice contained in the material.
  • You may not use the material from the website in any manner or for any purpose which is unlawful or in any manner which violates any right of the NSX
  • to the extent allowed by law, you hereby indemnify the NSX against any and all claims arising from the use by third parties of any material from the website that they have accessed as a result of your reproduction, redistribution, alteration or transmission of that material in contravention of these terms of use. Under the above wording, you indemnify the NSX against certain claims, and this places various risks, liabilities, obligations and legal responsibilities on you.
  • You may print a single copy of the material contained in the website for you own non-commercial use.

Some areas of the website may not be freely accessible. You may be asked to complete a form of registration in order to access other areas of the website (the “restricted areas”). It may be that a charge is payable to obtain access to the restricted areas, and if not, the NSX reserves the right to introduce a charge for such access at any time. If such a charge is introduced, the NSX may deny access to the restricted areas if you do not pay the relevant charges and comply with any further registration requirements that the NSX may, in their discretion, decide to introduce from time to time. When you register for access to the restricted areas, you may be asked to provide certain personal details (“personal data”). Personal data will only be used in accordance with the privacy policy. The website may use cookies to verify the identity of users who have registered to access the restricted areas. For further information on this use of cookies, please see the privacy policy. The NSX reserves the right to terminate your registration to the restricted areas and to restrict your access to the website without notice at any time, provided that, to the extent that the exercise of such right affects your ability to receive or access any information, features or contents for which you have paid or are required to pay any consideration, the NSX will use its reasonable endeavours to exercise such right on notice to you.

Website Operation

The NSX reserves the right to suspend or terminate the operation of the website at any time for the purposes of support and maintenance or to update the information contained on the website and is not obliged to give any notice of such termination or suspension.

Disclaimer

This information has been prepared by the Namibian Stock ("NSX") containing text, data, trademarks, logos, photographs, graphics, illustrations, names and information connected with the NSX.

The NSX endeavours to ensure the accuracy and reliability of the website and the content, materials and products included and available on the website, but because of the possibility of human and mechanical error as well as other factors, to the extent allowed by law, the NSX does not, whether expressly, tacitly or implicitly, represent, warrant or in any other way guarantee the availability, truth, accuracy, completeness or reliability of such information or that it is always up to date or that your access to the website will be uninterrupted or error-free.

The NSX does not, in publishing adverts or materials on the website, endorse any products, advice or investment returns contained in these adverts, advice or investment return. To the extent allowed by law, you must be satisfied that you may lawfully access the website, read the pages and/or act upon the material contained in the pages, and the NSX accepts no responsibility for your unauthorised access or actions in respect of these matters.

The NSX does not make any representations nor gives any warranties as to its correctness, accuracy or completeness, nor does the NSX assume liability for any losses arising from errors or omissions in the information irrespective of whether there has been any negligence by the stock exchange, its affiliates or any of its officers or employees and whether such losses be direct, indirect or consequential.

Information on the Website is not offered as advice on any particular matter and must not be treated as a substitute for specific advice. The website may contain links to third-party websites. These linked websites are not under the control of the NSX and, to the extent allowed by law, the NSX accepts no responsibility for or liability arising from access to, or the information provided on, any website which is linked from the website, or any hyperlink contained in a linked website. The NSX recommends that you read the privacy policy and any other legal information contained on any third-party website to which you link. The above wording limits and excludes obligations, liabilities and legal responsibilities of the NSX, it additionally limits and excludes your rights and remedies and places various risks, liabilities, obligations and legal responsibilities on you. If you wish to establish a link to the NSX website, the link must include the NSX web address “www.nsx.com.na”. The name to be used in the link is “Namibian Stock Exchange”. You may not use the NSX’s logo without permission, which permission must be obtained in advance in writing from the chief executive officer of the Namibian Stock Exchange This email address is being protected from spambots. You need JavaScript enabled to view it.. Neither this website nor any of its pages may be included in any other website. Instead, a link to the website is required at all times. You may not frame the website without the prior written consent of the NSX. The fact that the Website contains a link to or from a third-party website does not necessarily imply that there is any affiliation between the NSX and the third-party website, nor that the NSX or its officers or employees endorse the third-party website. The NSX reserves the right to withdraw any permission granted, whether tacitly, verbally or in writing, to link to the website, at any time if it is deemed by the NSX to be in the best interest of the NSX. You may not frame, link or deep-link this Website to any other website without our prior written consent. Should you wish to frame or to set up a link / deep-link to our Website please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Copyright and trademarks

The works of authorship contained in the website, including, but not limited to, all designs, trademarks, logos, data, text and images, whether registered or unregistered, are the intellectual property of the NSX, its affiliates or third parties who have supplied information to the NSX and are protected by Namibian and international intellectual property laws and conventions. The NSX reserves the right to take legal action in respect of any reproduction, copying, distribution, framing, uploading to a third party, publication, adaptation, broadcast, public performance or other use or communication to the public of the information contained on the website without the prior written consent of the NSX. You are not permitted to use any of the trademarks displayed on the website without the prior written consent of the NSX or the third party that owns the trademark.

Comments and feedback

If you have any questions or comments about the Website and would like to contact the NSX, please contact the NSX at Tel: +264 61 227647 or email This email address is being protected from spambots. You need JavaScript enabled to view it..  The NSX values your views, suggestions and or comments, but the NSX shall not be obliged to respond to, maintain or compensate you in any way whatsoever for your Submissions.

Privacy Policy

The NSX takes the privacy of its users seriously. We are committed to safeguarding the privacy of our users while providing a personalised and valuable service. The NSX’s Privacy Policy, which is accessible by clicking on this link, is expressly incorporated by reference into these Terms of use and forms part of these Terms of use, explains the data processing practices of the NSX insofar as it relates to the Website. We have reasonable security measures in place to protect against the loss, misuse and interception by third parties of the information under our control, but, to the extent allowed by law, the NSX assumes no liability for any damages you may suffer as a result of interception, alteration or misuse of information transmitted over the Internet. Please see our Privacy Policy for further details. The above wording will limit and excludes obligations, liabilities and legal responsibilities of the NSX, and also limits and excludes your rights and remedies and places various risks, liabilities, obligations and legal responsibilities on you.

Indemnification

You hereby indemnify to the fullest extent the NSX from and against any and all liabilities, costs, demands, causes of action, damages and expenses (including reasonable attorney’s fees) arising out of or in any way related to your breach of any of the provisions of these Terms

Governing Law & Jurisdiction

This Website is created, hosted, maintained and controlled in the Republic of Namibia and as such you agree that the laws of the Republic of Namibia and the jurisdiction of the Namibian  courts govern these Terms of use, any disclaimers, copyright and use statements contained in the Website, and any legal matter resulting from the use or inability to use this Website, without giving effect to any principle of conflict of laws and you submit to the non-exclusive jurisdiction of the state and federal courts located in Namibia for the resolution of any disputes. Notwithstanding the foregoing, the NSX may seek recourse in any jurisdiction worldwide in order to restrain the unlawful use of any of the material contained in the Website.

Variation of Terms

To the extent allowed by law, the NSX is permitted to revise these Terms at any time as it sees fit  and by using this Website you are expected to review such Terms on a regular basis with your continued use of the website, the NSX will deem that you conclusively accepted the updated Terms of use. The NSX shall be permitted to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification or consent required. However, you shall not be permitted to assign, transfer, or subcontract any of your rights and/or obligations under these Terms. 

Entire Agreement

These Terms, including any legal notices and disclaimers contained on this Website, constitute the entire agreement between the NSX and you in relation to your use of this Website, and supersede all prior agreements and understandings with respect to the same.

Copyright © 2020 NSX - Namibian Stock Exchange

What else do we need to know?

What else do we need to know before we apply?

  • Each participating team is credited with a fictitious amount of N$ 500,000
  • Teams consist of 3-4 members
  • Max. 5 teams per school can participate
  • Universities can enter as much as they like
  • Listed company name + share prices
  • Number of shares bought
  • Value of money (buy/sell)

 

Rules:

  • No change in order may be made once the instructions on the trading app is submitted
  • Shares may only be bought or sold on the NSX listed shares
  • Teams may query a trade up to 30-calendar days after the transaction has taken place. No queries will be accepted after this period.
  • Transactions will be levied at virtual brokerage fees of 0.5%
  • Teams may not invest more than 20% (N$ 100 000) of their cash in any one share at any given time (inclusive of the 0.5% brokerage fee)
  • The organisers, sponsors and their immediate families are not eligible to take part in the competition.
  • The decision of judges is final, and no correspondence will be entered into.

Take up the challenge!!!!

Participate in the NSIC and learn more about the exciting world of finance and investment with the Namibian Scholars Investment Challenge. A joint initiative of the Namibian Stock Exchange (NSX), Financial initiative Literacy (FLI) and AIESEC.

General Information

INTRODUCTION AND HOW TO PARTICIPATE

 

The aim of the Namibian Students' Investment Challenge is to introduce university and secondary school students to share investments and to provide them with knowledge on broader aspects of capital market operations, to give them an understanding of commercial dynamics and the macroeconomic environment through a fun and far reaching educational programme. Each participating team is credited with a fictitious amount of N$ 500 000.00 to be used for buying shares. Trading starts as of the 01 April 2020, ending 18 September 2020. Progress evaluations will be done over this period. Teams who produce the highest returns or incur the least losses in their portfolios over the period will be announced the winner. 

                                                                                            

Students will gain invaluable experience in investment as well as gain useful knowledge that complement their studies in subjects such as Commerce, Accounting and Economics. Furthermore, the challenge provides students with an opportunity to work as a team using their combined research skills to investigate listed companies. This should offer them valuable insight on the workings of the financial market. We also believe that the Challenge will encourage students, lecturers, parents and public at large to become more aware of the workings of the Namibian capital market.  This should ultimately lead to a wider participation and lay a foundation for long term-term sustainable growth of the domestic capital market.  

Do you have any problems/questions?

Contact Johene / Alicia on

tel # 061 22 76 47

Where to find us

Namibian Stock Exchange Contacts

Tiaan Bazuin – Chief Executive Officer
Alexandrea Hendricks – Chief Financial Officer
Johene Saal – Chief Information Officer
 
Namibian Stock Exchange
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: info@nsx.com.na

Transfer Secretaries Contacts

Alexandrea Hendricks – Manager
Adelheid Scholtz – Administrator
Maria Amutenya – Administrator
Theresia Kavangelwa – Administrator
 
Transfer Secretaries
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: ts@nsx.com.na
© 2020 Namibian Stock Exchange

Trading Days

NSX Local Index

NSX Overall Index