News and developments on African capital markets: African securities, African stock exchanges, African equities, African bonds, African private equity/venture capital, and African social impact investment. Twitter @africancapital, LinkedIn African Securities Exchanges group.
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.
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.