The first Namibian Stock Exchange was founded in 1904 in Lüderitz due to the diamond rush. Within a few years the rush was over and the exchange closed.
In 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.
In 1992, the Namibian Stock Exchange were officially launched with one dual listed firm and one stockbroker.
Stocks and ETFs are traded on NSX.
Website: nsx.com.na
Market Regulator: Namibia Financial Institutions Supervisory Authority (NAMFISA)
Founded: 1992
Currency: Namibian Dollar (NAD)
Clearing and Settlement: T+5
Trading session hours: 9:00 - 17:10 (GMT+1)
Main Index: NSX Overall Index, NSX Local Index
Tax Rates: 10% withholding tax on dividends for non-residents.
Member of:
- African Securities Exchange Association (ASEA)
- World Federation of Exchanges (WFE), affiliate member
- Committee of SADC Stock Exchanges (CoSSE)
- Sustainable Stock Exchanges Initiative (SSE)
Annual Reports / Yearbook:
Contact:
Robert Mugabe Avenue No 4, Entrance from Burg Street, P.O. Box 2401, Windhoek - Namibia
Phone: +264 61 227 647
Fax: +264 61 248 531
Email: info@nsx.com.na
