Capital Markets
From The Report: South Africa 2016
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South Africa’s capital markets are continuing to enjoy relatively healthy growth on the back of improved regulation and supervision. The authorities are working to strengthen the market’s regulatory framework, particularly in terms of settlement cycles and systemic risk related to over-the-counter securities. Technical and regulatory improvements at the Johannesburg Stock Exchange (JSE) are continuing apace, with new products, better supervision and a renewed emphasis on cross-border activity at the forefront of market developments. Market players are working to capitalise on growing investor interest in Africa and establish South Africa as a regional epicentre for initial public offerings and derivatives trading. While the market will continue to be buffeted by international headwinds and a weaker global economy, the JSE is set to maintain its reputation as Africa’s soundest capital market.
This chapter contains interviews with Donna Oosthuyse, Director of Capital Markets, Johannesburg Stock Exchange; and Stephen van Coller, Chief Executive of Corporate and Investment Banking, Barclays Africa.
Articles from this Chapter
Between two worlds: The JSE seeks to establish South Africa as a global trading centre
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Kumba: MiningOBGplus
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MTN: TelecommunicationsOBGplus
The Company MTN is a multinational telecommunications company, headquartered in South Africa, with operations in 22 countries across Africa and the Middle East. MTN’s offerings include voice services through 2G or GSM networks and data services through 3G networks. Incorporated in 1994 under the name M-Cell, the company was awarded the second national licence in South Africa, commencing commercial operations in June of 1994. Having established itself in South Africa, M-Cell expanded its telecommunications network by obtaining licences in Swaziland, Uganda and Rwanda in 1998. In 2000 M-Cell commenced operations in Cameroon following the acquisition…