NSX - History & Structure

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
2017 1st Capital Pool Company “CPC” to list & Re-launch of Scholars Investment Challenge “NSIC”
2018 1st Green bond to list on the NSX & approval of two new sponsors
2019 Listing of 2nd CPC and one primary listing on Main Board
2020 First property capital pool company to list
2021 Listing of Mobile Telecommunications Limited (MTC)
2022 CSD Conditions gazetted July 2022
2023 Bond trading system launched
2024 10X ETNs listed in February
CSD license/provisional NISS license issuance
The Namibian Stock Exchange (NSX) rebranded, trading as the Namibia Securities Exchange (NSX).

 

Structure

NSX Group Structure 2025

Group Structure

NSX Group Structure