Namibia 30 Index (NAX30) is a rules-based, blockchain-native index referencing 30 selected companies listed on the Namibia Securities Exchange (NSX), providing a transparent composite measure of market performance, where rising levels indicate strengthening confidence and declines signal weakening conditions.
Benchmark notice: The NAX30 Index is a market benchmark. It does not represent ownership in the underlying NSX-listed securities and does not itself confer shareholder, debt or fund ownership rights.
NAX30 separates benchmark measurement, blockchain-native digital asset infrastructure and proposed investment-product development into distinct layers with different purposes and regulatory treatment.
Index movements should be interpreted together with market structure, sector performance, liquidity and broader macroeconomic conditions.
The benchmark is intended to provide a consolidated reference for observing trends within the selected NSX-listed equity universe. Changes in the NAX30 Index reflect the aggregate weighted price performance of its constituent securities. Rising or falling index levels indicate aggregate movement in the weighted constituent basket; they should not, in isolation, be interpreted as a complete measure of investor confidence or the broader Namibian economy.
NAX30 is made up of three distinct product layers: the NAX30 Index, the NAX30 Token and the proposed NAX30 ETF.
A rules-based equity benchmark designed to measure the performance of 30 selected securities listed on the Namibia Securities Exchange.
A distinct blockchain-native digital instrument issued with a fixed supply. Its market price is determined independently of the NAX30 Index level and it does not confer ownership of the underlying constituent securities.
A proposed exchange-traded fund intended to track the NAX30 Index. The product remains under development and is subject to regulatory approval, exchange admission requirements and appointment of licensed service providers.
The constituent set spans multiple sectors of the listed market. Constituent eligibility, weighting and review procedures are governed by the published methodology.
Current NAX30 constituent set
Selection methodology →| # | Constituent | Market | Status |
|---|---|---|---|
| 01 | Paladin Energy Ltd | NSX-listed security | Current constituent |
| 02 | Deep Yellow Ltd | NSX-listed security | Current constituent |
| 03 | Bannerman Resources Ltd | NSX-listed security | Current constituent |
| 04 | Elevate Uranium Ltd | NSX-listed security | Current constituent |
| 05 | Forsys Metals Corp | NSX-listed security | Current constituent |
| 06 | Capricorn Group Ltd | NSX-listed security | Current constituent |
| 07 | FirstRand Namibia Ltd (FNB) | NSX-listed security | Current constituent |
| 08 | SBN Holdings (Standard Bank Namibia) | NSX-listed security | Current constituent |
| 09 | Nictus Holdings Ltd | NSX-listed security | Current constituent |
| 10 | Letshego Holdings Namibia Ltd | NSX-listed security | Current constituent |
| 11 | Investec Ltd | NSX-listed security | Current constituent |
| 12 | Sanlam Ltd | NSX-listed security | Current constituent |
| 13 | Old Mutual Ltd | NSX-listed security | Current constituent |
| 14 | Nedbank Group Ltd | NSX-listed security | Current constituent |
| 15 | Standard Bank Group Ltd | NSX-listed security | Current constituent |
| 16 | Mobile Telecommunications Ltd | NSX-listed security | Current constituent |
| 17 | Momentum Group Ltd | NSX-listed security | Current constituent |
| 18 | PSG Financial Services Ltd | NSX-listed security | Current constituent |
| 19 | Anglo American plc | NSX-listed security | Current constituent |
| 20 | B2Gold Corp | NSX-listed security | Current constituent |
| 21 | Oryx Properties Ltd | NSX-listed security | Current constituent |
| 22 | Vukile Property Fund Ltd | NSX-listed security | Current constituent |
| 23 | Truworths International Ltd | NSX-listed security | Current constituent |
| 24 | Shoprite Holdings Ltd | NSX-listed security | Current constituent |
| 25 | Paratus Namibia Holdings Ltd | NSX-listed security | Current constituent |
| 26 | Namibia Breweries Ltd | NSX-listed security | Current constituent |
| 27 | Oceana Group Ltd | NSX-listed security | Current constituent |
| 28 | Celsius Resources Ltd | NSX-listed security | Current constituent |
| 29 | Alpha Namibia Industries Renewable Energy Power Ltd | NSX-listed security | Current constituent |
| 30 | Reconnaissance Energy Africa Ltd. | NSX-listed security | Current constituent |
The benchmark is supported by public documentation covering index construction, governance, data controls, oracle architecture and benchmark administration.
The benchmark follows a modified weighted structure with a 10,000.00-point base index level and documented constituent and weighting logic.
Administrative actions are governed through documented oversight, multi-signature controls and timelock-based execution mechanisms.
Benchmark updates rely on documented source hierarchy and oracle-validation procedures designed to support reproducibility and auditability.
The token layer is presented separately from the benchmark level. Token market activity, if any, does not determine the NAX30 Index value.
NAX30 is deployed on BNB Smart Chain as a BEP-20 compatible digital benchmark token.
Proxy Contract (BSC Mainnet)
0xaad81eb1f27874b8b0cb03c778c6019ea32045ffThe secondary-market pathway is governed through public disclosure addressing exchange admission, market-based price determination, liquidity limitations, non-redeemability and trading risks.
Any primary allocation pathway is subject to availability, compliance procedures, applicable law and the regulatory status of the relevant activity. The token is distinct from the NAX30 Index itself.
Methodology, governance, technical, legal and disclosure materials are maintained publicly to support transparency and institutional review.
Namibia 30 Index (NAX30) is independently administered by Abba Payments (Namibia) (Pty) Ltd. References to the Namibia Securities Exchange (NSX) and NSX-listed securities identify the market and securities referenced by the benchmark and do not, unless expressly stated, imply sponsorship, endorsement, administration or affiliation by the NSX. The NAX30 Index does not represent ownership in underlying securities. The NAX30 Token is a separate digital instrument and does not constitute ownership of the Index constituents. The proposed NAX30 ETF has not yet been established, approved or listed. Nothing on this website constitutes investment advice, an offer or a solicitation where such activity would be unlawful.
Official communication channels for benchmark, partnership and administrator enquiries.
NAX30 Administrator
Abba Payments (Namibia) (Pty) Ltd
Company Registration No. 2023/0770
Oshakati, Namibia
General: info@nax30.io
Partnerships: partners@nax30.io