South Africa’s JSE Ltd expects new listings to increase on investor confidence

By bne IntelliNews May 31, 2010
South Africas JSE Ltdexpects new listings to increase as investor confidence in the South Africaneconomy improves, CEO Russell Loubser said. There have been four new listingsthis year and there are several sizeable companies in the IPO pipeline, Loubsersaid. The JSE has focussed on expanding its reach in Africa, but declined adeal, in March, to buy a strategic stake in the Mauritius Stock Exchange. Hesees possibilities in Nigeria, because it is too big to ignore, although it isshort of corporate governance.

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