IJG Securities

Also known as: IJG Securities (Pty) Ltd

Financial services firm that holds client funds and serves as equity sponsor for companies on the Namibia Securities Exchange.

2025-12-202026-07-24

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

April 2026
15 AprThe Namibian
IJG Securities stated sharp monthly increase in approved building plans points to renewed developer confidence
Source
“"The sharp monthly increase in both the number and value of approved building plans points to renewed developer confidence, while higher completion values suggest improving construction follow-through," IJG says.”
Commercial building in Windhoek picks up pace as February approvals surge
March 2026
5 MarThe Namibian
IJG Securities reported total credit extended to private sector rose to N$122.85 billion in January
Source
“Total credit extended to the private sector rose to N$122.85 billion, according to the latest credit update from IJG Securities.”
Namibian banks lend N$534.7m more in January
5 MarThe Namibian
IJG Securities says moderation in growth was driven mainly by reduced borrowing activity in corporate segment
Source
“IJG says the moderation in growth was driven mainly by reduced borrowing activity in the corporate segment, echoing the assessment of the Bank of Namibia.”
Namibian banks lend N$534.7m more in January
February 2026
16 FebThe Namibian
IJG Securities conducted private sector credit extension (PSCE) analysis
Source
“According to a private sector credit extension (PSCE) analysis by IJG Securities, credit growth edged down to 4.4% y/y in December, compared to 4.5% in November.”
Namibian private sector owes N$122.3 billion
January 2026
29 JanThe Namibian
IJG Securities analyzed new vehicle sales breakdown in 2025
Source
“According to an analysis by IJG Securities, 6 724 of the new vehicles sold during the year were passenger vehicles, 6 831 were light commercial vehicles, and 947 were medium and heavy commercial vehicles.”
December new vehicle sales firm despite slight dip
December 2025
20 DecThe Namibian
IJG Securities reported 1,244 new vehicles sold last month
Source
“Last month alone 1 244 new vehicles were sold, according to data from IJG Securities.”
High-end cars continue to roll off showroom floors

Business

MTC retains position as Namibia's most profitable public enterprise

The News

MTC recorded profits of N$1.45 billion in the 2025 financial year, reinforcing its status as Namibia's most profitable public enterprise in the 2026 IJG Public Enterprise Governance Ranking. Other state-owned enterprises including NamPort, NamPower, and NamibRe showed mixed financial performance, with NamPort emerging as a strong turnaround performer with profits rising to N$864.5 million.

14 July 2026 · Windhoek Observer →

Tuesday 14 July

MTC retains position as Namibia's most profitable public enterprise
MTC recorded profits of N$1.45 billion in the 2025 financial year, reinforcing its status as Namibia's most profitable public enterprise in the 2026 IJG Public Enterprise Governance Ranking. Other state-owned enterprises including NamPort, NamPower, and NamibRe showed mixed financial performance, with NamPort emerging as a strong turnaround performer with profits rising to N$864.5 million.
14 July 2026 · Windhoek Observer →
MTC achieves perfect score in 2026 public enterprise governance rankings
Mobile Telecommunications Limited (MTC) scored 20 out of 20 in IJG Securities' 2026 Public Enterprise Governance Ranking, which assessed public enterprises over five years on annual report publication, profitability, fiscal transfer reliance, and CEO stability. NamPort, Agribank, and NamibRe placed second with 19 points each, while NamPower and NamWater tied for fifth with 18 points.
14 July 2026 · Windhoek Observer →
Paladin, B2Gold announce 2026 financial results release dates
Mining companies Paladin Energy and B2Gold have set dates to release their 2026 financial results, with Paladin releasing quarterly results on 22 July 2026 and B2Gold releasing second-quarter results on 6 August 2026, followed by investor conference calls on those dates.
14 July 2026 · Windhoek Observer →

Sunday 12 July

Windhoek firm loses pensioners' N$250 to N$350 million
Wealth Management Solutions, a Windhoek financial advisory firm, has lost at least N$250 million belonging to pensioners and families through risky foreign investments; the owner allegedly paid out clients from other people's accounts to hide losses, and a liquidator estimates total losses could reach N$350 million.
12 July 2026 · The Namibian →

Thursday 25 June

Windhoek building approvals fall to five-year low
Windhoek approved 138 building plans in May with a combined value of N$133.9 million, the lowest monthly approval figure since May 2020, though the total value of approved plans increased 21.3% month on month. Year-to-date approvals rose 5.8% but the value of approved projects declined 31.6% to N$590.2 million.
25 June 2026 · The Namibian →

Monday 8 June

Bannerman Energy appoints Cirrus Securities as NSX equity sponsor
Bannerman Energy Ltd has appointed Cirrus Securities (Pty) Ltd as its new equity sponsor for the Namibia Securities Exchange, effective 5 June 2026, replacing IJG Securities in a planned rotation required by NSX listing requirements.
8 June 2026 · Windhoek Observer →

Sunday 17 May

Windhoek investment firm WMS collapses amid forex trading losses
Wealth Management Solutions, a Windhoek financial advisory firm, has applied for voluntary liquidation after losing money in foreign exchange trading, with clients fearing millions in losses. The firm collected funds from Namibian investors and pensioners for forex investments and had placed N$17 million with IJG Securities, which says those funds are safe.
17 May 2026 · The Namibian →

Saturday 9 May

Private sector borrowing rises to N$123.34 billion in March
Private sector credit rose marginally in March 2024 by N$158.4 million or 0.1% month-on-month and 4.3% year-on-year, with individuals borrowing N$2.85 billion and corporate entities N$2.18 billion over the past 12 months. The growth was driven by robust mortgage lending and a rebound in overdraft facilities, though corporate borrowing growth slowed to its weakest expansion since November 2024.
9 May 2026 · The Namibian →

Thursday 23 April

Windhoek building approvals rise while project values decline
The City of Windhoek approved 192 building plans in March worth N$100.1 million, up in volume from 150 in February but declining 30.9% month-on-month in value. Residential units approved increased to 32 from 28, though their total value fell to N$46.3 million from N$65.1 million, reflecting a shift towards lower-value developments.
23 April 2026 · The Namibian →

Wednesday 15 April

Sintana Energy to list on Namibia Securities Exchange
Sintana Energy, a Canadian company listed on the London Stock Exchange, has announced plans to trade on the Namibia Securities Exchange (NSX). The company aims to give Namibians an opportunity to invest directly in offshore oil developments.
15 April 2026 · The Namibian →
Windhoek commercial building approvals surge in February
More commercial and industrial building plans were approved in Windhoek in February than at the same time last year, with IJG Securities reporting that the sharp monthly increase points to renewed developer confidence and improving construction follow-through.
15 April 2026 · The Namibian →

Thursday 5 March

Namibian banks' lending growth slows to 3.9% annually
Namibian banks lent N$534.7 million more in January than December, a 0.4% monthly rise that brought total private sector credit to N$122.85 billion. However, annual growth slowed to 3.9% from 4.4% in December, driven mainly by reduced corporate borrowing and net repayments, though lending to individuals accelerated to 3.0% annual growth.
5 March 2026 · The Namibian →

Monday 16 February

Private sector credit outstanding reaches N$122.3 billion
Namibian private sector credit grew 0.7% month-on-month in December to N$122.3 billion, with annual credit growth moderating to 4.4% y/y. Growth in credit to individuals remained below the inflation rate of 3.2%, while corporate credit growth slowed to 6.8% y/y.
16 February 2026 · The Namibian →

Thursday 29 January

New vehicle sales reach highest level since 2018
Namibia sold 14,502 new vehicles in 2025, a 13% increase from 2024, driven by lower interest rates and stronger demand across passenger and commercial segments. December sales totalled 1,138 units, down 8.5% from November but up 3.5% year-on-year, with Toyota maintaining market dominance across all vehicle categories.
29 January 2026 · The Namibian →