MICHAEL AVERY: Regaining investment grade could boost economy by R9-trillion

SA’s capital markets are sick, some say terminally. But the JSE’s AGM and a conversation I had recently with CEO Leila Fourie offers hope that we are starting to talk about the problem in a way that will, at the very least, help identify the correct treatment.

But first some numbers. I owe Paul Miller of AmaranthCX, a boutique corporate finance house, for doing the leg work on these. In the past 30 years the number of listed companies in SA has more than halved, from 760 to about 330. Worryingly, the trend appears to be gaining momentum. No fewer than 25 delistings occurred in 2021 and at least a further 22 delistings are already anticipated for 2022 — and we’re only midway into the second quarter...

But for who really? The economy grows for who?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MICHAEL AVERY: Regaining investment grade could boost economy by R9-trillionThe JSE needs to be lobbying the government for swifter and deeper reform I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $5000 i got $50,000 in 7days Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

MICHAEL AVERY: Regaining investment grade could boost economy by R9-trillionThe JSE needs to be lobbying the government for swifter and deeper reform I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $5000 i got $50,000 in 7days Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

Gauteng schools online admissions opening soon for 2023 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Gauteng Education department has announced that online admissions for the 2023 academic year for Grade 1 and Grade 8 learners will open from 22 July until 19 August 2022. The Department says that the system has been enhanced to follow a single application process. In previous years parents have raised concerns about the challenges … I'm really grateful for all the efforts you have render to me with my little investment of $7000 and with joy over me after withdrawing $70,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
Source: SABCNews - 🏆 37. / 51 Read more »