African exchanges lead in USD returns
How far can the record-breaking bull run continue for Africa’s stock exchanges? Many African exchange indices were up remarkably over 2025, encouraging participation by local investors and leading to renewed interest by domestic companies to come to the market for initial public offerings (IPOs) and other capital raising. In addition, many African currencies climbed in […]
Bond trading system for Namibian bonds
Bond trading in Namibia by banks and stockbrokers is expected to grow after the Namibian Stock Exchange (NSX) announced the successful “go-live” of a new bond trading system. The Automated Trading System (ATS) is provided by South Africa’s Securities & Trading Technology (STT), a veteran global supplier of bond market, equity and many other capital […]
MTC Namibia IPO results, listing on Namibian Stock Exchange 19 Nov
MTC Namibia to list on Namibian Stock Exchange on 19 Nov after successful share offer IPO of 299 million shares. Its Namibia’s biggest share offer and raised $162m for the government which may be used to create a sovereign wealth fund..
MTC rings up Namibia’s biggest IPO, closing 1 Nov
IPO ALERT – Namibia is gearing up for its biggest initial public offering (IPO) when Government sells 49% of the leading telecommunications company MTC Namibia. The IPO prospectus is set to be published on 20 September and the share offer will open the same day and is likely to close at 12 noon local time […]
Liquidity and cost of trading on Africa’s stock exchanges – Bright Africa 2018
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.
Innovative African IPO and listing successes show strong demand
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.
Namibian SX and Bank of Namibia poised to launch paperless
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.
IFC raises N$180m bond in Namibia
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.
Namibia’s stockbrokers switch to IRESS to access NSX
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.
Dar es Salaam Africa’s top stock exchange to 31 Jan
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%.
Top performances for USD investors at Africa’s stock exchanges
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.
New securities exchange prepares in Namibia
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.
Africa’s bourses should work together to channel investors
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.
Namibian SX has new CEO
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.
SADC stock exchanges work together towards links, shared skills and better visibility
The ten stock exchanges of the Southern African Development Community (SADC) are working together to increase the effectiveness of their markets. The Committee of SADC Stock Exchanges (CoSSE) has agreed to concentrate on six priority areas in support of regional moves to more efficient capital markets.