JSE fleshes out proposals to reform its listings framework

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South Africa Headlines News

Africa’s biggest stock exchange wants to retain companies and attract new ones after a spate of delistings

The JSE has released details of proposals to reform its listing framework, including a new technology board to cater to start-up companies as Africa’s biggest stock exchange seeks to retain companies and attract new ones.

The bourse's total market value is just under R20-trillion, but it has suffered a string of delistings over the past five years, particularly by small- to medium-sized companies. That has seen the total number of listings decline to 316 listings at the end of the first quarter 2022, compared with 377 in 2017...

Source: News Formal (newsformal.com)

 

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