Where To Buy Shares In Namibia
What are Shares?
In financial markets, a share is a unit used as mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in the company is a shareholder of the corporation.
Benefits of investing in shares
- Part-ownership of a company.
- Real-time dealing throughout the trading day with limit orders available when markets are closed.
- Receive dividends either as income or re-invest to buy more shares.
- Ability to vote on important company decisions.
List of Companies, Online Brokers, Banks etc. Selling Shares in Namibia
|Alpha Namibia Industries Renewable Energy Power Limited “ANIREP”|
|Anglo American plc|
|Bannerman Resources Limited|
|Bravura Holdings Limited|
|Capricorn Group Limited|
|Celsius Resources Limited|
|Deep Yellow Limited|
|FirstRand Namibia Limited|
|Forsys Metals Corporation|
|Letshego Holdings (Namibia) Limited|
|Marenica Energy Limited|
|MCUBE One Investment Ltd|
|Mediclinic International plc|
|Momentum Metropolitan Holdings|
|Namibia Asset Management Limited|
|Namibia Breweries Limited|
|Nedbank Group Limited|
|Nictus Holdings Limited|
|Oceana Group Ltd|
|Old Mutual Ltd|
|Omajowa Properties Ltd|
|Oryx Properties Limited|
|Paladin Energy Limited|
|Paratus Namibia Holdings Limited|
|PSG Konsult Limited|
|Shoprite Holdings Ltd|
|Standard Bank Group Ltd|
|Stimulus Investments Limited|
|Trustco Group Holdings Limited|
|Truworths International Ltd|
|Vukile Property Fund Limited|
Frequently Asked Questions (FAQs)
Below are questions in relation to buying Shares in Namibia;
How can I buy shares easily?
The easiest way to buy stocks is through an online stockbroker. After opening and funding your account, you can buy stocks through the broker’s website in a matter of minutes. Other options include using a full-service stockbroker, or buying stock directly from the company.
How do I buy shares in Namibia?
How To Invest in the Namibian Stock Exchange in 6 steps
- Pick a Broker
- Open a Trading Account with the Broker
- Choose the Asset in which to invest
- After making a decision, send a Buy order via the Broker
- The transaction is completed once buying and selling prices match
- The Broker issues the transaction notification and charges their fees
How do I become a stock broker in Namibia?
A college degree is not required, but most brokers have one. Brokers have to be licensed. A license is obtained by passing the General Securities Registered Representative Examination and, in many cases, posting a bond. Individuals may take this test after they have been employed by a brokerage firm for four months.
Is stock trading legal in Namibia?
As a trader in Namibia, you may only trade forex through a commercial bank or authorized international dealer per rules set forth by the Bank of Namibia. If you aren’t sure where to get started, consider a few of our favorite forex brokers that offer accessibility to Namibian traders.
How can I register in stock market?
To begin the journey to a stock exchange listing, file a registration statement, Form S-1, with the Securities and Exchange Commission. The statement includes the prospectus, the document you offer to anyone looking to buy your shares.
How can I buy cheap shares in Namibia?
The most inexpensive way to purchase company shares is through a discount broker. A discount broker provides little financial advice, while the more expensive full-service broker provides comprehensive services like advice on stock selections and financial planning.
Can you buy shares without a broker in Namibia?
However, there are also a few ways you can buy shares without a broker at all: Managed funds. You access shares without a broker by investing in a managed fund or your superannuation. These funds typically hold multiple company stocks which are selected by a fund manager.
What is the listing of shares?
In corporate finance, a listing refers to the company’s shares being on the list (or board) of stock that are officially traded on a stock exchange. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange.
What is the procedure of listing of shares?
The company has to follow specified conditions before Shares listing in stock exchange: Shares of a company shall be offered to the public through the prospectus, and 25% of securities must be offered. Date of opening of subscription, receipt of the application and other details should be mentioned in the prospectus.
Is online forex trading legal?
It is legal to trade Forex in South Africa as the South African Government doesn’t have any laws governing the legality. Trading Forex is legal as long as you abide by financial laws that prevent money laundering(2) and you declare your income tax.
Is Forex a Good Investment?
The Forex market is highly profitable, with the potential to multiply your initial investment ten-fold overnight. As opposed to the stock market where you only make a profit when your stocks’ worth goes up, you have a lot of money to make in Forex even when your currency is going down.
Does IC markets accept Namibian clients?
IC Markets is regulated by CySEC and ASIC. Accepts South African Clients. Average spread EUR/USD 0.1 pips on trading account with lowest minimum deposit. Max leverage 500:1.
Is it worth buying 10 shares of a stock?
To answer your question in short, NO! it does not matter whether you buy 10 shares for $100 or 40 shares for $25. Many brokers will only allow you to own full shares, so you run into issues if your budget is 1000$ but the share costs 1100$ as you can’t buy it.