Namibia Securities Exchange — financial market operator that lists equities, debt instruments, and tradable rights including companies like Africa Bitcoin, NamPower, and Savanna Beef.
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
Source
“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
Source
“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.”
Namibia Securities Exchangesupported the issuance in its capacity asdebt sponsor and sustainability coordinator
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“The issuance was supported by RMB Namibia in its capacity as arranger, and the Namibia Securities Exchange as debt sponsor and sustainability coordinator.”
Namibia Securities Exchange (NSX)saw banking and telecommunications stocks lead gains in2025
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“Banking and telecommunications stocks were the main contributors in gains on the Namibia Securities Exchange (NSX) in 2025, despite subdued trading activity.”
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.
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.
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.
Savanna Beef Operations began trading slaughter rights on the Namibia Securities Exchange's over-the-counter platform on Monday, with 927 rights sold at N$300 each on the first day. The system grants shareholders priority access to slaughter capacity at the facility and is intended to provide market-based access to abattoir capacity for producers while awaiting full European Union export certification.
Savanna Beef Processors Limited has introduced a digital Slaughter Rights System allowing producers to trade slaughter slots on the Namibia Securities Exchange over-the-counter platform while the company awaits full EU export accreditation. The system, which begins trading on 16 March, aims to provide fair and transparent access to abattoir capacity and unlock value in Namibia's beef sector.
MTC says it has no immediate plans to separate its tower and passive infrastructure assets into a standalone company, despite the model gaining traction globally and being used to unlock capital and improve efficiency. The company does not rule out the possibility in future, while Telecom Namibia already operates towers through its subsidiary PowerCom.
MTC's board of directors has appointed Trophimus Hiwilepo as the new chairperson effective 13 February 2026, following the passing of previous chairperson Theofelus Mberirua. Hiwilepo, who has been an independent non-executive director since July 2024, was selected for his leadership experience and commitment to Namibia's digital transformation.
Mobile Telecommunications Limited has appointed Trophimus Hiwilepo as chairperson of its board of directors, effective 13 February, following the death of former chairperson Theo Mberirua. Hiwilepo has been serving as an independent non-executive director since July 2024.
Impact Property Fund has listed on the Namibia Securities Exchange as a capital pool company to pursue property-backed acquisitions in Namibia, with plans to integrate local SMEs into its platforms and conduct a capital raise in March.
20Twenty Financial Solutions has secured N$92 million in funding to offer Namibia's first inflation-linked home loans, where annual installment increases are tied to salary growth or inflation rates. The company's chief executive said the sustainability-linked note issuance signals investor confidence in the company's financial model and its social outcomes.
Trustco Group Holdings is re-evaluating its plan to delist from the Johannesburg Stock Exchange following the JSE's approval of simplified listing requirements, reversing years of threats to exit Africa's largest bourse over disputes about financial statement compliance. The company's board is assessing whether the new requirements address its concerns about the JSE's questioning of its board independence and financial integrity.
Riskowitz Value Fund, a 23% shareholder in Trustco Group Holdings, has called a general meeting for 16 February to elect five new directors and remove founder Quinton van Rooyen and the current board after they refused to convene the meeting. The board claims the requisition is invalid and accuses the proposed directors of value destruction, but Section 189 of the Namibian Companies Act allows members holding at least 5% of voting shares to require such a meeting.
Andrada Mining Limited converted N$50.1 million of debt into 59.4 million ordinary shares, strengthening its balance sheet without depleting cash reserves. The conversion comprises a N$40.9 million loan from The Orange Trust and N$9.2 million in unpaid fees, and is expected to enhance operational flexibility and support future financing options.
Banking and telecommunications stocks led gains on the Namibia Securities Exchange in 2025, with Standard Bank Holdings, Capricorn Group, and FirstRand Namibia recording the highest price returns, although overall trading activity remained subdued as the second-lowest year for local value traded since 2012.