Good job here @the deal the great of Namibia.
I think your ranking of NSX as one of the top 5 in africa is mere patrotism as a Namibian.
The real truth (ranking ) is as follows of the top 5. An illiquid bourse as you explained made of just 29 counters cannot be among the top 5 in Africa.
1 South Africa
2 Egypt
3 Nigeria
4 Kenya
5 Morroco.
There is strong contention of No 2 position between Egypt and Nigeria because of the recent Egyptian political crisis which induced a serious downswing on Egyptian Bourse.
It may also be necessary to tell non resident investors how to get their Namibian $ denominated dividends (for long termers).
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .