'It will help only if economic growth presents investment opportunities.'
The announcement by the Johannesburg Stock Exchange (JSE) and the Financial Sector Conduct Authority (FSCA) that the latter has approved changes to the stock exchange's listing requirements has attracted little fanfare.
Although the changes reduce red tape and some cumbersome processes for certain listed companies, the move is a small step to try to lure new companies to the JSE and stem the delistings.
The number of listings on the JSE dropped from an already uninspiring 460 companies in 2004 to only 274 in 2024 as a lot of companies decided to end their listings, with most blaming the high costs to maintain a listing and adhere to the listing requirements relative to the benefits of being listed.
The prime reason for listing on the stock exchange is to access capital and to give shareholders the opportunity to value and sell their shares.
However, it is not attractive for many smaller companies to raise capital for expansion and growth as these local companies usually trade at such low ratings that the majority shareholders are unwilling to sell a lot of shares to raise a little capital.
Also, when companies trade at attractive ratings, they quickly fall prey to offers from private equity funds or larger companies - and are then delisted.
The JSE initiated several projects to make it easier for companies to list and maintain listings.
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HANDRE IS NO OLD DOG
Pollard happy to play a mentoring role with the emergence of new, exciting talent in the Springbok ranks.
Shaping future Bok prospects
With the Currie Cup final between the Lions and Sharks set to be battled out at Ellis Park on Saturday (kick-off 4pm), many are perhaps wondering what place the country's oldest rugby competition still has in the current rugby ecosystem.
Saleng strike sinks Chippa
Monnapule Saleng netted an added time winner as Orlando Pirates came back from a goal down to beat Chippa United 2-1 in a Betway Premiership match at the Orlando Stadium last night.
Arsenal look for good jump-start
JORGINHO: USE ATALANTA AS A MAN CITY SPRINGBOARD.
Yamal's Barcelona are aiming high
Approaching a decade since Barcelona last won the Champions League, the Catalan giants face Monaco in this season's European opener today aiming to make a statement.
Reds strut past Milan
Liverpool strutted to a 3-1 win at AC Milan on Tuesday as the Reds got their campaign in the revamped Champions League off to a stylish start.
'Happy' Kylian hits his straps
Kylian Mbappe (above) scored on his first Champions League appearance for Real Madrid as the holders started their trophy defence with a 3-1 win over Stuttgart on Tuesday.
Kane punishes Zagreb with four
Harry Kane (right) scored four goals, including three penalties, as Bayern Munich beat Dinamo Zagreb 9-2 at home on Tuesday-becoming the first team to score nine goals in a Champions League match.
A good week to draft a will
Attorneys on the LSSA website ready to draft at no cost.
Discovery hikes rates
The lowest will be across Smart plans with a hike of 7.4%.