Four-year-old South African stock exchange A2X expects to break even by 2023 as trading in the secondary listings it offers takes off.
Browsing: Cape Town Stock Exchange
The latest South African stock exchange opened on Thursday pledging to lure firms from across Africa with listing costs that are a third of that charged by the JSE.
4AX, a rival stock exchange to the JSE launched in 2017, is relocating from Johannesburg to Cape Town, will be rebranded as the Cape Town Stock Exchange, and will position itself as the “Nasdaq of Africa”.