“In a notice released on the Namibia Securities Exchange (NSX) on Tuesday, the company said the subscription agreement was originally concluded in October 2023, with all conditions attached to the transaction fully completed in January 2026.”
“The proposed listing forms part of the group's strategy to broaden access to international capital and complement its existing listings on the JSE, A2X, the Namibia Securities Exchange, the OTCQB Venture Market in the United States and the Frankfurt Stock Exchange.”
Namibia Securities Exchange (NSX)recordedtrading activity worth N$52.4 million during the week of 11 to 15 May 2026
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“The Namibia Securities Exchange (NSX) recorded trading activity worth N$52.4 million during the week of 11 to 15 May 2026, with 868 151 shares traded across 69 deals.”
Namibia Securities Exchange (NSX) Overall Indexrose1.51%, supported by gains in dual-listed counters
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“The Namibia Securities Exchange (NSX) Overall Index rose 1.51%, supported by gains in dual-listed counters, while the NSX Local Index edged 0.04% higher.”
“Ongwe Minerals Inc, a Canadian-listed gold exploration company dedicated to the discovery and development of new gold systems in Namibia, has listed on the Namibia Securities Exchange (NSX).”
Namibia Securities Exchangetraded927 Savanna Beef Operations slaughter rights on 16 March
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“A total of 927 Savanna Beef Operations slaughter rights traded on the Namibia Securities Exchange's over-the-counter platform on 16 March, the first trading day of the first quarter, at N$300 per right.”
Namibia Securities Exchangehosted trading of927 slaughter rights for Savanna Beef on Monday on its over-the-counter platform
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“A total of 927 slaughter rights for Savanna Beef Operations traded on the Namibia Securities Exchange's over-the-counter platform on Monday, the first day of trading for the first quarter, at N$300 per right.”
Savanna Beef Processors Limited recorded a group loss of N$25.9 million for the financial year ended 28 February 2026 as it commissioned and ramped up its newly completed abattoir and meat processing facility. The operating loss widened to N$30.9 million from N$13.2 million in the previous year, reflecting costs associated with bringing the facility into production.
Savanna Beef Processors Limited recorded a group loss of N$25.9 million for the financial year ended 28 February 2026 as it commissioned and ramped up its newly completed abattoir and meat processing facility. The operating loss widened to N$30.9 million from N$13.2 million in the previous year, reflecting costs associated with bringing the facility into production.
Savanna Beef Processors Limited reported a group loss of N$25.9 million for the year ended 28 February 2026, with operating losses widening as the company commissioned its newly completed abattoir and meat processing facility. The subsidiary Savanna Beef Operations received its taking-over certificate from the contractor on 29 October 2025, with the total project value amounting to N$436.5 million.
Capricorn Group, which owns Bank Windhoek and Capricorn Asset Management, has been a top performer on the Namibia Securities Exchange with a 32.45% share price increase over the past 12 months. The NSX Overall Index rose 1.06% over the latest trading week, with mixed performance across listed companies.
Savanna Beef Processors Limited has issued 40 million ordinary shares following completion of a privately negotiated subscription agreement in January 2026, bringing total issued share capital to 290,004,000 shares and increasing investors' commitment to about N$400 million.
Letshego Namibia's stock has declined by 14.75% over the past year despite the company distributing N$454.5 million in ordinary dividends during the 2025 financial year. The company currently has a market capitalisation of N$3.2 billion and more than 6,500 shareholders.
Canadian-owned Ongwe Minerals has raised approximately N$310.5 million through a dual listing on the Namibia Securities Exchange to accelerate gold exploration at its Khorixas and Omatjete projects in the Damara Gold Belt. The funds will support reverse circulation drilling at Khorixas and diamond drilling campaigns at Omatjete beginning at the end of July.
Africa Bitcoin Corporation's subsidiary Altvest Credit Opportunities Fund Limited increased its total credit exposure to N$363 million from N$267 million in the quarter ended 31 May 2026, with assets under management reaching N$512 million and loan deployments rising to N$491 million.
Namibia's electricity sales in Q1 2026 increased by 2.8% year-on-year, though domestic electricity production declined by 15.3% while imports surged by 32.9%. The Electricity and Water sector recorded a 2.5% increase in real value added, with the Water subsector growing 8.5% while Electricity subsector growth slowed to 0.4%.
Trustco Group Holdings Ltd, a Windhoek-based investment entity with interests in insurance, education, real estate, mining and micro-finance, is advertising a vacancy for a Company Secretary in Windhoek.
Josephat Mwatotele has resigned from Stimulus Investments Limited's board effective 12 June 2026 after serving as non-executive director since September 2015, reaching the maximum allowable term under the company's director appointment and succession policy.
Mobile Telecommunications Limited reported revenue of almost N$2 billion and increased its subscriber base to 2.37 million for the six months ending 31 March 2026. The company announced an interim dividend of N$358.35 million, with total revenue rising 7.1% and profit after tax increasing 1.6% compared to the same period last year.
NSX-listed renewable energy company Anirep has secured approval from the Namibia Securities Exchange to postpone publication of its audited annual financial statements until 30 June 2026, citing complexities in goodwill valuation assessments as the reason for exceeding the standard three-month deadline.
Stimulus Investments Limited has agreed to sell its 50% stake in Khomas Solar Saver to Sedgeley Solar Management for N$155.7 million, following unconditional approval from the Namibian Competition Commission. The transaction, expected to take effect on 19 June 2026, includes the sale of related loan claims.
Africa Bitcoin Corporation, listed on the Namibia Securities Exchange, anticipates gains in ordinary and preferred C shares but declines in preferred A and B shares for the financial year ended 28 February 2026. The company attributes expected ordinary share NAV growth of 7.56–17.56% to fair value adjustments and improved market conditions, while preferred A shares are expected to decline 5.51–15.51% due to higher costs at the linked Umganu Lodge investment.
Africa Bitcoin Corporation, which is also listed on the Namibia Securities Exchange (NSX), has received approval to move its listing from the JSE Alternative Exchange (AltX) to the JSE main board, effective 22 May. The transfer will include its ordinary shares and preferred shares and forms part of the company's plan to expand on international trading platforms and attract broader investor participation.
Trustco Group Holdings Limited has advised shareholders to exercise caution when trading its shares as the company proceeds with delisting from the Johannesburg Stock Exchange, Namibia Securities Exchange, and the OTCQX Market. The company first announced the delisting consideration in January 2025 and said the process includes appointing an independent expert to provide an updated fairness opinion.
Santam Limited delivered strong operational performance in the first quarter of 2026, recording 9% growth in gross written premiums in conventional insurance despite about R430 million in weather-related and major claims from floods and wildfires. The insurer's group net underwriting margin remained above the midpoint of its long-term target range of 5% to 10%.
The Namibia Securities Exchange recorded trading activity worth N$52.4 million during the week of 11 to 15 May 2026, with 868,151 shares traded across 69 deals. The financial sector led with N$36.7 million in turnover, while major stocks showed mixed performance, with Paladin Energy declining 14.3% to N$127.18.
The NSX Overall Index rose 1.51% on dual-listed counter gains, while the local index edged up 0.04%. Internationally, the JSE All Share Index fell 1.37%, the Dow Jones eased 0.36%, and the FTSE 100 declined 0.19%, though Asian markets were mixed. Brent crude edged higher to around US$105.12/bbl, while gold weakened 0.27% and platinum fell 0.82%.
Namibia Power Corporation has successfully listed a N$5 billion Domestic Medium-Term Note Programme on the Namibia Securities Exchange, enabling the utility to raise funding through various debt instruments aligned with strategic projects and sustainability goals. The listing follows a two-year preparation process and provides NamPower with flexible, cost-effective access to capital markets while supporting Namibia's energy sector expansion.
The Namibia Power Corporation successfully listed its N$5-billion domestic medium-term note programme on the Namibia Securities Exchange, in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue a range of notes, including green and sustainable notes, to fund strategic projects while contributing to Namibia's financial sector development.
Namibia Power Corporation has successfully listed a N$5 billion Domestic Medium-Term Note Programme on the Namibia Securities Exchange in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue multiple tranches of notes with varying terms to access domestic capital markets flexibly and support strategic growth objectives.
Ongwe Minerals Inc, a Canadian-listed gold exploration company operating in Namibia, has listed on the Namibia Securities Exchange under the symbol "ONG" with trading commencing on 15 April. The dual listing is designed to allow local and institutional investors easier access to the company's shares and upcoming capital raises.
Savanna Beef Processors, recently granted an export certificate, will send its first beef consignment to the United Kingdom, EU, and EFTA countries through Walvis Bay at the end of April, exporting matured deboned chilled/frozen beef cuts. The producer-owned facility aims to add value to Namibian livestock production and retain weaners domestically rather than see them exported live to South African feedlots.
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.
Savanna Beef has received an export abattoir certificate from the Ministry of Agriculture, enabling it to export deboned chilled and frozen beef cuts to the UK, EU, and EFTA countries. The company aims to slaughter 50,000 cattle locally each year that would otherwise be exported as weaners to South African feedlots, aligning with Namibia's "Growth at Home" vision and creating around 240 jobs when at full operation.
The Ministry of Agriculture has approved Savanna Beef Processors to export beef to the United Kingdom, European Union and EFTA countries, with the company planning to slaughter about 50,000 head of cattle per year. The export certificate, valid until April 2027, marks a major milestone after three years of effort.
FirstRand Namibia has appointed Conville Britz as a non-executive director effective 1 April, in accordance with NSX listing requirements. Britz, currently general manager for strategy and projects at the Government Institutions Pension Fund, brings experience in strategy and institutional investment to the board.
Oryx Properties is launching an unlisted property fund valued at N$8–10 billion, with the Government Institutions Pension Fund as anchor investor, designed to address liquidity constraints in Namibia's unlisted property market and create a pipeline for assets into its listed platform.