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<p>The Johannesburg Stock Exchange was one of the sponsors that hosted the inaugural two-day South Africa Tomorrow Investor conference &#8211; that is ending today. We do know the economic disruption that Covid-19 has caused. And investment is needed to accelerate South Africa’s economic recovery. Joining CNBC Africa to unpack what came out of the conference is Valdene Reddy, the Director of Capital Markets at the Johannesburg Stock Exchange.</p>


JSE’s Valdene Reddy unpacks key takeaways from the South Africa Tomorrow Investor Conference

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<p>Spear REIT’s distributable income per share slumped 19.94 per cent for the year ended February. This is from the prior comparable period. This as the lack of economic activity due to Covid-19 negatively impacted the real estate sector. The Western-Cape focused property investment company has cut its dividend for the first time since it listed on the Johannesburg Stock Exchange. Spear CEO, Quintin Rossi joins CNBC Africa for more.</p>


Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

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<p>Anglo American has spun out its coal assets to a new entity Thungela Resources, that will list on the Johannesburg Stock Exchange and on the London Stock Exchange.</p>


Jullu89

Thungela Resources CEO on listing plans, future of coal & road to profitability

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<p>The Johannesburg Stock Exchange has reported a 19 per cent rise in Earnings before Interest and Tax, Depreciation and Amortisation.</p>


JSE CEO: We  expect a better listing outlook in 2021

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<p>In a year that initial public offerings have hit record highs across the world, it seems that crickets have found a home in Africa’s largest stock exchange.</p>


How the JSE performed in 2020

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<p>The Johannesburg Stock Exchange has listed another series of Exchange Traded Notes from FNB, granting investors exposure to eight different underlying assets.</p>


JSE expands its ETN offering

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<p>Many industries have been hit hard by the COVID-19 disruption. As South Africa charts its way to economic relief, commitment to sustainability could lead the sectors to recovery. In June the JSE introduced the Sustainability Segment, and Shameela Soobramoney, Chief Sustainability Officer at the JSE joins CNBC Africa to give an update on how it’s performing.</p>


JSE’s Sustainability Segment gains more traction with more listings in the pipeline

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<p>The Johannesburg Stock Exchange, in partnership with Intellidex, put forward a position paper to policy makers, proposing exchange control reform.</p>


JSE in support of capital flow reforms

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<p>Property group, Grit Real Estate has reported its plans to delist from the Johannesburg Stock Exchange at the end of July, but will keep its listings on the London and Mauritian stock exchange. Joining CNBC Africa for more on its South African listing is Bronwyn Corbett, Co-founder and CEO of Grit Real Estate Group.</p>


Grit Real Estate CEO on company delisting from the JSE

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<p>With several JSE listed companies from Comair to Phumelela going into business rescue, Africa’s largest bourse has announced relief measures to businesses that are affected by the pandemic and in financial distress. Valdene Reddy, Director of Capital Markets at the JSE joins CNBC Africa for more.</p>


JSE unveils relief measures for business in distress

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<p>The Johannesburg Stock Exchange is donating its fees that are derived across all asset classes traded from today, Wednesday the 15th of April and Thursday the 16th of April as part of its campaign to support the Solidarity Fund. JSE Group CEO, Leila Fourie joins CNBC Africa for more.</p>


JSE seeks to raise money in support of the COVID-19 Solidarity Fund


<p>JOHANNESBURG &#8211; South Africa’s rand rose against the dollar on Tuesday, boosted by the promise of unlimited dollar funding from the U.S. Federal Reserve, which helped sentiment globally, even as an impending 21-day lockdown threatened the local economy.</p>



<p>At 0832 GMT, the rand traded at 17.7200 to the dollar, 0.73% stronger than its previous close. Stocks also rose.  </p>



<p>President Cyril Ramaphosa announced on Monday that South Africa would shut down for three weeks from Thursday in a bid to contain the coronavirus, joining a number of economies around the world taking drastic measures not usually seen in peacetime.  </p>



<p>While likely to have huge consequences for an economy that had already tipped into recession in the final quarter of last year, the measures were widely praised as the decisive, harsh action needed to contain the outbreak.  </p>



<p>The rand did not react to this announcement, Peregrine Treasury Solutions said in a note. The currency is usually led by global factors, and markets around the world were on Tuesday benefiting from an uptick in sentiment following the announcement of a package of extraordinary measures from the Fed.  </p>



<p>Peregrine said however that the rand would likely remain on the back foot. </p>



<p>“The prospects for an already struggling local economy are now even more bleak, as all businesses except for essential services and goods are to be halted,” it said. </p>



<p>The Johannesburg Stock Exchange’s Top-40 index was up around 4.5%, with the broader all-share index also rising by just shy of 4%.  </p>



<p>Miners were the biggest winners on the blue-chip index, with the likes of Sibanye-Stillwater, BHP Global and Anglo American Platinum enjoying rises of 13%, 10.9% and 9.9% as prices of commodities like oil, platinum and gold rose.  </p>



<p>But consumer-focused firms likely to be affected by the lockdown suffered.  </p>



<p>Bonds also took a tumble, with the yield on the benchmark instrument due in 2030 gaining 91 basis points to 13.215%. </p>



<p>(Reporting by Emma Rumney; editing by Nick Macfie)</p>



<p>This article was first published on Reuters Africa <a href="https://af.reuters.com/article/investingNews/idAFKBN21B157-OZABS">https://af.reuters.com/article/investingNews/idAFKBN21B157-OZABS</a> and is republished with its permission.</p>


ArcelorMittal South Africa fined R3.64 million over hydrogen sulfide emissions

S.Africa’s rand rises on Fed support even as lockdown looms

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<p>The Johannesburg Stock Exchange and seven African partner exchanges hosted the African Exchange Linkage Project which aims to increase and strengthen cross border trade between African countries. Joining CNBC Africa for more is Anne Clayton, Head of Public Policy at the JSE.</p>


African Exchange Linkage project looks to boost cross border trade on the continent

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<p>Last week on the headlines, Jambo Jet launched operations in Rwanda, Korea Telecommunication Rwanda Networks invested more than $10 million in upgrading 4G and in the week ahead Altron – a Johannesburg Stock Exchange listed Technology company sets to launch public transport cashless payment solution in Rwanda. Journalist at the New Times, Hudson Kuteesa joins CNBC Africa on what is expected to make headlines this week.</p>


Jambo Jet launches operations in Rwanda

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<p>Emerging helium producer, Renergen Limited, has been approved for a secondary listing on A2X Markets in South Africa and will be listed on the 27th November 2019. The domestic natural gas producer is already listed with the Australian Securities Exchange and the Johannesburg Stock Exchange. A2X Markets CEO, Kevin Brady joins CNBC Africa for more.</p>


Renergen’s secondary SA listing gets approval

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<p>Chanting protestors marched to the gates of the Johannesburg Stock Exchange before first light this morning.  They wanted to make a statement against violence against women and children. They promised thousands – the reality was a little different.</p>


SA women demand action on GBV at #SandtonShutdown

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<p>The Johannesburg Stock Exchange (JSE) has bought a 74.8 per cent stake in share registry business Link SA. The exchange says the transaction will contribute up to 6 per cent in group revenue and extend the services it offers to listed companies. The JSE&#8217;s outgoing CEO, Nicky Newton-King joins CNBC Africa for more.</p>


Johannesburg Stock Exchange

JSE’s Valdene Reddy unpacks key takeaways from the South Africa Tomorrow Investor Conference

Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

Thungela Resources CEO on listing plans, future of coal & road to profitability

JSE CEO: We expect a better listing outlook in 2021

How the JSE performed in 2020

JSE expands its ETN offering

JSE’s Sustainability Segment gains more traction with more listings in the pipeline

JSE in support of capital flow reforms

Grit Real Estate CEO on company delisting from the JSE

JSE unveils relief measures for business in distress

JSE seeks to raise money in support of the COVID-19 Solidarity Fund

S.Africa’s rand rises on Fed support even as lockdown looms

African Exchange Linkage project looks to boost cross border trade on the continent

Jambo Jet launches operations in Rwanda

Renergen’s secondary SA listing gets approval

SA women demand action on GBV at #SandtonShutdown

Link SA making advances on the JSE market: This is why JSE is attracted to it

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Johannesburg Stock Exchange

JSE’s Valdene Reddy unpacks key takeaways from the South Africa Tomorrow Investor Conference

Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

Thungela Resources CEO on listing plans, future of coal & road to profitability

JSE CEO: We expect a better listing outlook in 2021

How the JSE performed in 2020

JSE expands its ETN offering

JSE’s Sustainability Segment gains more traction with more listings in the pipeline

JSE in support of capital flow reforms

Grit Real Estate CEO on company delisting from the JSE

JSE unveils relief measures for business in distress

JSE seeks to raise money in support of the COVID-19 Solidarity Fund

S.Africa’s rand rises on Fed support even as lockdown looms

African Exchange Linkage project looks to boost cross border trade on the continent

Jambo Jet launches operations in Rwanda

Renergen’s secondary SA listing gets approval

SA women demand action on GBV at #SandtonShutdown

Link SA making advances on the JSE market: This is why JSE is attracted to it

News Tips

Advertise With Us

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