Namibian Scholars Investment Challenge 2024

Privacy Policy

The NSX takes the privacy of its users seriously, therefore reasonable security measures has been put into 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 accepts no liability for any loss or damages you or anyone else may suffer as a result of interception, alteration or misuse of information transmitted over the internet. 

The above wording limits and excludes obligations, liabilities and legal responsibilities of the NSX, and your limits, excluding your rights and remedies and places various risks, liabilities, obligations and legal responsibilities on you. By using the NSX website, you are consenting to this privacy policy and the collection, use and disclosure of your personal information by the NSX as outlined in this privacy policy. If this privacy policy is not acceptable to you, please do not submit any of your personal information. If you have any request concerning your personal information, queries or wish to make any amendment to your personal information, please contact us by sending an email to This email address is being protected from spambots. You need JavaScript enabled to view it.. If any changes to this privacy policy is done, posting will be done on this page.

This Privacy Policy explains how the NSX may choose to collect personal information from you when you:

  1. a) use our products or services;
    b) download documents from us or subscribe for alerts or newsletters;
    c) attend one of our events, or an event hosted at our premises;
    d) apply for or carry out a regulated role for one of the companies listed on our markets;
    e) visit or register to use (the “Website”)

Use and disclosure of personal information

Personal information may be processed and collected via the Website. This includes:

  • Name, email address, other personal contact details, corporate contact details, job title and employer details. Your personal information may be disclosed to third parties in the below instances:
  • your consent provided to the NSX;
  • we are compelled by law or a court order to do so, or if we believe that such action is necessary for the purposes of the legitimate interest pursued by the NSX, to protect and defend the rights, property or safety of the NSX, the website, visitors to the website or others.

Law enforcement authorities

We may, in our discretion, contact law enforcement authorities if we believe that anything unlawful is occurring in connection with the Website. In this process, we may provide the law enforcement authorities with any personal data that is held by us.

Use of cookies

The NSX Website uses cookies and other technologies to enhance and tailor your browsing experience as set forth in this Policy and in our Cookie Policy. Please visit our Cookies Policy below for more information. Find out more about the use of cookies on Please ensure that you read the website terms of use as well.

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
  • 5 teams per school can participate (if more teams want to register, kindly contact NSX for approval)
  • Universities can enter as much as they like
  • Listed company name + share prices
  • Number of shares bought
  • Value of money (buy/sell)



  • 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!!!!

Launch of the NSIC 2023 by the Namibian Stock Exchange powered by Old Mutual and FutureMedia. 

General Information



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.

Registration commneced on the 1st of March 2023 and will be closing on 25th March 2023. Please contact This email address is being protected from spambots. You need JavaScript enabled to view it. for further information regarding the registration process.

Trading starts as of the 03 April 2023, ending 15 September 2023. 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 / Justina on

tel # 061 22 76 47

Where to find us

Namibian Stock Exchange Contacts

Tiaan Bazuin – Chief Executive Officer
Alexandrea Ullrich – Chief Financial Officer
Johene Saal – Chief Information Officer
Namene Shejavali-Lungu – Chief Regulatory Officer
Namibian Stock Exchange
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Tel: +264 61 227 647
Fax: +264 61 248 531

Transfer Secretaries Contacts

Alexandrea Ullrich – Manager
Adelheid Scholtz – Senior Administrator
Carol-Ann Meintjies – Administrator
Annetjie Diergaardt – Administrator
Transfer Secretaries
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Tel: +264 61 227 647
Fax: +264 61 248 531
© 2021 Namibian Stock Exchange

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