MarketNamibia Securities Exchange
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Namibia Securities Exchange

The Namibia Securities Exchange is the only exchange in Namibia. Based in Windhoek, it is one of the largest exchanges on the African continent. It has a partnership with JSE in neighbouring South Africa. The NSX is only open on weekdays, and trades continuously from 09:00 to 17:00 (WAT), excluding public holidays.

History
The first exchange in Namibia was founded in Lüderitz (previously known as the Lüderitz Stock Exchange). It opened at the start of the 1900s as a result of the diamond rush, which brought hundreds of prospectors to the desert, who then built settlements in the area. After a few years, the old exchange closed when the diamond rush ended and there were no more business opportunities. == Relaunch ==
Relaunch
The idea of a second Exchange for Namibia was started as people planned to build an independent economy ahead of the 1990 national independence from South African occupation. The government gave the idea the go ahead and full legislative support, and trading began the next day in the shares of Nictus, a local firm already listed in Johannesburg, and on that day dual-listed in Namibia. At that stage there was only one stockbroker, who also acted as consultant. Since then, five more stockbrokers have joined and annually a year the NSX sets examinations for new stockbrokers. == Listed companies ==
Listed companies
, there are 59 companies listed on the exchange. These include 47 companies with more than one listing, of which 39 companies are listed on the JSE in South Africa. The Namibia Securiites Exchange has twelve local listings. ==See also==
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