Key points
- The Namibian ministry of finance confirmed the Reserve Bank of South Africa’s approval for a dual listing on the Namibian Stock Exchange.
- The company will appoint South African brokering house Simpson McKie to advise on the listing.
- Simpson McKie confirmed Namibian and South African institutional interest in the company’s securities.
- The company and Simpson McKie are in discussions for a potential financing.
The ministry of finance of the republic of Namibia has confirmed the Reserve Bank of South Africa’s approval to a dual listing of the company on the Namibian stock exchange.
The company has agreed to appoint Simpson McKie, a south African brokering house, to advise on the issue.
Simpson McKie has confirmed Namibian and south African institutional interest in the company’s securities. The company and Simpson McKie are in discussions for a potential financing.
