Namibia Stock Exchange

Morning Biz News 03 March 2025: Market, Ports, Inflation & Crypto

Local Stock Market Update The Namibian Stock Exchange (NSX) saw a total trade volume of 31,856 shares on Friday, amounting to N$1.46 million across 19 transactions. Year-to-date, the market has recorded 9.9 million shares traded, totaling N$588.4 million over 799 deals. Exchange-Traded Products (ETPs) continue to gain traction, contributing N$12.1 million in trade value since the start of the year. Major Investment in Durban Container Terminals South Africa’s Durban Container […]

3 March, 2025 22

Business / Economics

04 February 2025- Biz News Wrap: Market Insights and Global Financial Developments

1. Namibia Stock Exchange Reports Steady Trading Activity The Namibia Stock Exchange (NSX) reported a total trade volume of 247,147 shares, valued at N$12.5 million, across 16 deals. The financial sector led the way, with more than 236,000 shares exchanged, amounting to N$8.2 million in total. Year-to-date, the NSX has seen 6.4 million shares traded, valued at N$369.8 million. This ongoing activity suggests a continued interest in market […]

4 February, 2025 10

Business / Economics

14 November 2024 Morning Biz News Update: Quiet Local Market Amid Global Economic Shifts

By Leonard Witbeen In the latest market developments, Namibia's local stock market had a relatively quiet session on November 13, with a total of N$1.16 million in value traded. According to the NSX daily report, the local market saw a volume of over 125,000 shares exchanged through 12 deals. While the day’s activity appeared subdued, the year-to-date figures paint a busier picture, with over 22 million shares traded, totaling […]

14 November, 2024 15

Business / Economics

Paratus Namibia Holdings doubles market capital with N$ 600 million raise

Paratus Namibia Holdings Limited (PNH) has successfully raised over N$600 million through its recent Rights Issue and investment drive. The capital infusion has effectively doubled the company's market capital on the NSX. The company says the raised capital was sourced from a diverse group of investors, including the Paratus Group (61,9%), Paratus employees (2,6%), institutional investors (34%), and retail investors (1,5%). Paratus Namibia Managing Director Andrew Hall adds that the […]

16 May, 2024 109

Namibia

Namibia Approves Central Securities Depository for Market Efficiency

The Namibia Financial Institutions Supervisory Authority has greenlit Central Securities Depository Limited to operate as a central securities depository. Jointly owned by the Bank of Namibia and the Namibia Stock Exchange, CSD will centrally manage securities like shares and bonds electronically, aiming to boost trading efficiency, market participation, and liquidity. NAMFISA spokesperson Victoria Muranda shared the update.

22 March, 2024 106