jse

South Africa's financial services sector, backed by a sound regulatory and legal framework, is sound and sophisticated, boasting dozens of domestic and foreign institutions providing a full range of services.

South Africa has enormous potential as an investment destination, offering a unique combination of highly developed first world economic infrastructure with a vibrant emerging market economy.

The African Securities Exchanges Association will hold its annual conference in Johannesburg later this month, where discussions will explore the future and evolution of African stock markets. The conference will also look at the value of integration, as well as sustainability.

The JSE All Share index closed down 0.97% as losses in all the indices flagged ongoing globals concerns.

The JSE All Share index closed down 0.97% as losses in all the indices flagged ongoing globals concerns.

On Wednesday the JSE All Share index edged ahead by 0.19 % on the back of industrial shares which rose 0.56%.

The Johannesburg Stock Exchange, the largest and most liquid on the continent, has listed three African currencies on a new foreign exchange futures platform on Friday. The JSE said this would offer investors exposure to African economies in a relatively risk-free manner.

The JSE traded 0.25% stronger to start the week on Monday following news that the second largest brewer and JSE-listed company SAB Miller (SAB) made an offer to Heineken after the world's largest brewer, Anheuser-Busch InBev, made a takeover offer of the company. Heineken refused the offer, making SAB Miller more vulnerable to an unwanted takeover offer.

Africa's biggest retirement fund administrator, Alexander Forbes, on Thursday became the 11th company to list on the Johannesburg Stock Exchange this year. The company listed with a market capitalisation of around R10.9-billion, putting it into the top 25% of firms listed on the bourse.

Dubai-based investment bank Arqaam Capital has become the newest equity member of the Johannesburg Stock Exchange (JSE) - an indication the confidence of other emerging markets in South Africa as a financial gateway to sub-Saharan Africa.