Namibia Equity Brokers (Pty) Ltd (NEB) was incorporated in July 1998 as BoE Securities, which then became Nedcor Securities. The business model changed after CEO Wilfried Moroff did a management buyout in September 2003 and rebranded the business Namibia Equity Brokers (“NEB”). NEB established trading relationships with a variety of brokers on the JSE to facilitate institutional trading, and private client portfolio management and money market trading were added.

NEB is a full service broker with the following service offerings:

• Institutional trading
• Research
• Corporate finance and advisory
• Private client portfolio management
• Money market

NEB is a BEE company, with 50% of the company black owned. The empowerment partner is Servo Investments (Pty), which represents the interests of entrepreneurs Sidney Martin and Frank Fredericks. The empowerment ratio will improve in that 20% of the company can be purchased by the employees of NEB.

Madelein Smith

Tel : +264 61 25 6666
Email : msmith@namibia-equities.com