Tag Archive for 'Namibian Stock Exchange'
September 19th, 2018 by Tom Minney
RisCura’s annual Bright Africa report into African securities exchanges is out and highly-recommended. Key challenge to investors, African stock exchange operators and regulators remain: liquidity, free float and cost of trading. Broker commissions are high, but with low trading volumes they need incentives to change.
November 6th, 2017 by Tom Minney
A round-up of recent African IPOs and other listings, many over-subscribed, shows demand and innovation – Namibia scored its first SPAC and Mauritius listed GDRs.
July 14th, 2017 by Tom Minney
The Namibian Stock Exchange and the central Bank of Namibia are working together to create a central securities depository (CSD) for equities, bonds and bills traded. They are waiting for laws and regulations to be passed to get the new system operational.
April 11th, 2016 by Tom Minney
The International Finance Corporation continues its programme of helping develop African debt markets by launching the first bond by a non-resident issuer in Namibia. It raised NAD 180 million (about $12m) which it will use for private sector development.
October 7th, 2015 by Tom Minney
All 4 Namibian stockbrokers have switched their front-end links into the local bourse to the trading solutions supplied by IRESS, a leading global supplier of innovative securities, financial markets and wealth management technology.
February 7th, 2015 by Tom Minney
Tanzania’s Dar es Salaam Stock Exchange topped the performance list for the 12 months to 31 Jan in USD, managing a 27% climb and beating the S&P 500 index which rose 11.9%.
January 15th, 2014 by Tom Minney
Malawi came out as Africa’s top-performing exchange to USD-based investors over 2013 with a strong 62.4% return. Eight out of 13 African exchanges beat the S&P 500.
November 13th, 2013 by Tom Minney
Former Namibian Minister of Finance Helmut Angula is heading plans to establish a second securities exchange, the Namibia Financial Exchange (NamFin-X), which received its licence to operate in September 2012.
December 14th, 2012 by Tom Minney
Africa’s 24 stock markets should learn to work together better if they are to seize high levels of investor interest, said Nicky Newton-King, CEO of South Africa’s JSE Ltd. She told an interviewer that plumbing, – technology and other links between exchanges and clearing and settlement – were more likely routes to more liquidity than trying to create a single exchange.
October 30th, 2012 by Tom Minney
A new CEO will start at the Namibian Stock Exchange on 1 January 2013. Sebby Kankondi, Chairman of the NSX, has announced that the Board of the NSX has appointed Tiaan Bazuin. He replaces John Mandy, who has already reached retirement age.