The JSE is at a crossroads. Does it roll down into a smaller market for mainly big institutional investors, or expand its universe to cater for entrepreneurs and retail investors alike?
It seems the latter option, which is essential for a growing and vibrant economy, is being pursued. But it won’t be an easy sell. The JSE, still plagued by a persistent and worrying flow of mainly small- and mid-cap company delistings, is now embarking on a crucial mission to attract new listings and retain existing counters...
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