ABN Vol 5 Iss 1

Page 123

African Business Network

Africa’s largest stock market.

on the AltX board in September 2014. Since then, another seven of these companies

In 2016, the JSE also launched the JSE

have listed on the exchange – four on the

Exchange Hub, a Cape Town office which

JSE’s main board and three on the AltX

will enhance its services in the city and allow

board. Together they have a total market

them to build better relationships.

capitalisation of R3.2 billion.

Special purpose acquisition companies

The JSE has also been developing offerings

(SPACs), which were introduced in 2013,

across other asset classes that promote

provide a new way to raise capitals for

responsible investing – including the

acquisitions. The first SPAC, Sacoven, listed

launch of its Green Bond Segment, which

123


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.