South Africa

Exchange news

London and Johannesburg stock exchanges migrate to Millennium Exchange system

The main trading platform of the London Stock Exchange was successfully switched from the previous system yesterday (14 Feb) to the Millennium Exchange computer system. ...

Exchange news

JSE reports 12% jump in commodity derivatives trades in 2010

South Africa’s JSE Ltd traded 2.1 million commodity derivative contracts in 2010, up 12% on the previous year but still below the record 2.5 mn ...

Exchange news

Record inflows ($9.2 bn) into SA bonds, prospects for the Rand and interest next year

Foreign inflows into South African Government bonds denominated in Rand were R61 billion (US$9.2 bn), up from R2.5bn in 2009, according to figures from the ...

Egypt

2 African stock exchanges among world ESG leaders

Two African stock exchanges are among leaders in requesting companies to report on Environmental, Social and Governance (ESG) issues. South Africa’s JSE Ltd this year ...

Exchange news

London tech crash could be topic in corridors at ASEA

The London Stock Exchange trading outage on 2 November and the subsequent delay of its migration of the LSE's main trading to MllenniumIT's platform is ...

Kenya

Nigeria and Zambia joining African rush into bonds

Africa needs to spend $93 billion a year on power, transport and water projects over the next decade to lift growth in the world’s poorest ...

Other news

Takeover tsunami coming to Africa?

The wave of mega acquisitions which has gained momentum in South Africa this year could only be the start of a takeover tsunami, as large ...

Other news

South Africa to change tax and boost Islamic banking

South Africa is proposing amendments to the Income Tax Act to level the playing field between Islamic banks and conventional banking, although no date has ...

Exchange news

“South Africa is best regulated securities exchanges in the world” WEF Competiveness Report

South Africa is ranked 1st out of 139 countries for its regulation of securities exchanges, according to the latest World Economic Forum Competiveness Report 2010-2011. ...

Exchange news

Volatility boosts JSE first half year results

After a strong first half performance, the JSE Limited, which operates the Johannesburg Stock Exchange, is making 2010 a year of consolidation. Africa’s biggest exchange ...

Exchange news

For capital markets managers – how the JSE gets its revenues

For full details, the interim results for the first half year to June 2010 are published on the JSE website. A recent JSE press release ...

Exchange news

More trading records fall as JSE passed 200k trades in a day

South Africa’s full service securities exchange, the JSE Ltd, on 17 May recorded 205,748 trades valued at more than R20 billion (US$2.6 billion). This coincided ...

Funds

Consensus Business Group launches $92 million “clean tech” fund for Southern Africa

South Africa’s first, specialised, private equity clean technology fund, Evolution One Fund, has reached its final closing after raising R700 million (US$92 million) from local ...

Funds

Adlevo announced first closing on African technology fund

Adlevo Capital Managers (www.adlevocapital.com) announced on 10 June that it has completed the first closing of Adlevo Capital Africa LLC fund with capital commitments of ...

Exchange news

SA listed companies have to integrate sustainability reports

South Africa’s JSE stock exchange is requiring listed companies to integrate their sustainability reports with their annual reports, with effect from this month. According to ...

Exchange news

JSE breaks 3 records for numbers of trades in global market volatility

Volatility and increased uncertainty in global markets last week meant extra demands for huge trading volumes on world markets. South Africa’s JSE Ltd. handled the ...

Exchange news

JSE to offer “Dark Pool” for very large trades

South Africa’s JSE Ltd this week announced that it was close to creating Africa’s first “dark pool” for trading large orders. These are structures that ...

Exchange news

“Regulation stops SA from being centre for Africa’s mining finance”

South Africa could be the centre of mining finance for Africa, according to Mick Davis, CEO of international mining company Xstrata, as reported in the ...

Exchange news

AltX companies struggle to attract investors

Companies on Johannesburg’s Alternative Stock Exchange (AltX), a division of the JSE Ltd (www.jse.co.za), continue to struggle to attract sufficient mainstream attention. However, at a ...

Exchange news

Wilderness Safaris public offer aims for BSE and JSE Africa Board

Conservation tourism pioneer Wilderness Safaris is aiming for a primary listing on the Botswana Stock Exchange (www.bse.co.bw) and a simultaneous secondary listing on the Johannesburg ...

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