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The Namibia Stock Exchange, known as the NSX, is a compact market with an outsized profile because it hosts both local champions and heavyweight cross listings tied to regional and global capital flows. It is not a place where every counter trades every day, but when the big names move, the wealth effect is real, especially for insiders with long dated positions.
In the past year, the broad NSX market has been firmer, helped by stronger risk appetite across southern Africa, steadier bank earnings, and the lift that comes through cross listed resource names when commodities behave. The result is that a handful of local counters have continued to concentrate wealth in the hands of a small group of founders, executives, and boardroom power brokers.
What follows is a ranking of the 10 richest individual investors on the NSX in 2026, based on disclosed shareholdings in key Namibia listed companies and valued using the most recent available prices, converted into US dollars. These are equity stakes, not total personal wealth, and they can move quickly with the tape.
(1) Koos Brandt
Portfolio value: $163.4 million
Holdings: 19.20% stake in Capricorn Group
Koos Brandt is a veteran Namibian banking figure closely linked to the rise of Bank Windhoek and the Capricorn Group. Capricorn is the listed financial-services holding company behind Bank Windhoek and related banking and insurance operations.
(2) Johannes Swanepoel
Portfolio value: $17.2 million
Holdings: 2.02% stake in Capricorn Group
Johannes Swanepoel is a long-serving Capricorn and Bank Windhoek leadership and governance name, with years in senior roles across the group. Capricorn is anchored by Bank Windhoek, one of Namibia’s largest commercial banks.
(3) Quinton van Rooyen
Portfolio value: $7.1 million
Holdings: 40.10% stake in Trustco Group Holdings
Quinton van Rooyen is the founder and controlling shareholder of Trustco Group Holdings, a diversified listed company. Trustco has operated across financial-services and investment-style businesses, and remains shaped by its founder-led control structure.
(4) Thinus Prinsloo
Portfolio value: $5.2 million
Holdings: 0.60% stake in Capricorn Group
Thinus Prinsloo is a former chief executive of Capricorn Group and a long-time senior banker in Namibia. Capricorn’s core asset is Bank Windhoek, alongside other financial-services interests.
(5) Schalk van Zyl Erasmus
Portfolio value: $2.2 million
Holdings: 2.81% stake in Paratus Namibia Holdings
Schalk van Zyl Erasmus is the group chief executive of Paratus, a telecoms and connectivity company selling internet, enterprise networking and wholesale bandwidth services. Paratus has positioned itself around fibre, carrier services and regional connectivity.
(6) Gida Nakazibwe Sekandi
Portfolio value: $1.5 million
Holdings: 0.17% stake in Capricorn Group
Gida Nakazibwe Sekandi is a corporate lawyer and boardroom figure who has been involved in governance roles linked to Capricorn and Bank Windhoek. Capricorn is Namibia’s main listed banking group, with operations spanning banking and insurance.
(7) Bartholomeus Roelof Harmse
Portfolio value: $1.0 million
Holdings: 1.28% stake in Paratus Namibia Holdings
Bartholomeus Roelof Harmse is the executive chairman of Paratus Namibia Holdings, the listed telecoms group. Paratus operates communications infrastructure and sells connectivity services to businesses, consumers and carriers.
(8) Gerard de V Tromp
Portfolio value: $0.7 million
Holdings: 5.50% stake in Nictus Holdings
Gerard de V Tromp is an insider shareholder associated with Nictus Holdings’ Namibia operations. Nictus is a diversified group with a footprint in retail and consumer-oriented services.
(9) Philippus de W Tromp
Portfolio value: $0.7 million
Holdings: 5.48% stake in Nictus Holdings
Philippus de W Tromp is a senior figure in the same Nictus shareholder cluster. Nictus operates as a Namibia-rooted trading and services group with exposure to consumer-facing businesses.
(10) Wilmar Fourie
Portfolio value: $0.4 million
Holdings: 3.50% stake in Nictus Holdings
Wilmar Fourie is a long-serving finance executive associated with Nictus Holdings. The company runs a mix of retail and services operations in Namibia and is one of the smaller, closely held counters on the NSX.
