The Capitec of Exchanges? Trading kicks off on SA’s newest disruptor
South Africa’s new stock exchange, ZAR X, kick-started trading on Monday with the listing of one the world’s largest white maize providers.
South Africa’s new stock exchange, ZAR X, kick-started trading on Monday with the listing of one the world’s largest white maize providers.
The Johannesburg Stock Exchange has for decades enjoyed a monopoly. No matter how sensible the idea seemed internally, its attempt to block a newly licensed competitor ZARX was wrong.
The Johannesburg Stock Exchange acknowledges the decision by the Financial Services Board to dismiss its urgent application for the suspension of the FSB’s decision to grant ZAR X an exchange license.
South Africa has issued its first stock exchange operating licence in more than 100 years, paving the way for a local company to compete with the Johannesburg Stock Exchange