Tag Archive for 'JSE'
March 16th, 2019 by Tom Minney
Tharisa plc became the 17th company to list on South Africa’s A2X exchange in February. Kevin Brady, CEO of A2X, said in a press release: “Tharisa is the second company from the general mining sector to list on A2X”. It is a secondary listing for the integrated platinum group metals and chrome producer. It has […]
September 19th, 2018 by Tom Minney
RisCura’s annual Bright Africa report into African securities exchanges is out and highly-recommended. Key challenge to investors, African stock exchange operators and regulators remain: liquidity, free float and cost of trading. Broker commissions are high, but with low trading volumes they need incentives to change.
September 7th, 2017 by Tom Minney
Monica Singer, former CEO of South African CSD Strate, left at the end of August 2017 after nearly 20 years. She will concentrate full time on blockchain.
July 19th, 2017 by Tom Minney
Court is the next battleground in a war between securities exchanges in South Africa. New exchange 4AX launched a High Court application to set aside both the decision of the FSB and its Appeals Board to grant a licence to new exchange ZAR X.
May 4th, 2017 by Tom Minney
A new AMI Big50 Ex-SA ETF offers investors access to an index covering 50 African companies outside South Africa. It is run by Cloud Atlas Investing and listed on the JSE.
September 23rd, 2016 by Tom Minney
South Africa’s second new exchange, which also got a licence according to the 2 September announcement by the Financial Services Board (FSB), is 4AX, also known as 4 Africa Exchange. It plans to trade securities that are currently traded over-the-counter (OTC) and to go live early in 2017.
August 6th, 2016 by Tom Minney
Ethos Capital listed on South Africa’s JSE on 5 August after R1.8 bn ($131m) oversubscribed private placement creates liquid vehicle for private equity investors.
June 17th, 2016 by Tom Minney
The Johannesburg Stock Exchange is switching to a shorter T+3 settlement cycle for the equity market from 11 July. Currently it works on T+5.
February 3rd, 2016 by Tom Minney
The JSE-owned derivative central counterparty (CCP) JSE Clear has been recognized by the European Securities and Markets Authority (ESMA).
December 15th, 2015 by Tom Minney
On 13 Dec the Johannesburg Stock Exchange JSE spelled out how the sacking of South Africa finance minister Nhlanhla Nene and market reactions to political moves had affected people’s savings, jobs and hopes in the previous 4 days.