Profit growth sees JSE up dividend

South Africa News News

Profit growth sees JSE up dividend
South Africa Latest News,South Africa Headlines
  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 77%

A resilient and diversified operating revenue profile supported the strong results, despite equity trading volumes being down by 9.5%: CEO Dr Leila Fourie.

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW JIMMY MOYAHA: From JSE-listed companies to the JSE itself. The JSE has reported its full-year results, and as it stands, the JSE has a value of R7.6 billion. I’m joined on the line by Dr Leila Fourie, who is the chief executive of the Johannesburg Stock Exchange, to reflect on those numbers and some of the developments that we know from the JSE stable.

JIMMY MOYAHA: Dr Fourie, speaking of partnerships and the strategy that the business has, there’s capex of R155 million and a bunch of new partnerships that you’ve alluded to and improvements to the offerings. Can you just shed some light on the decisions around allocations – what the focus areas might be from that perspective? We know that the JSE had very little downtime in this last year, but even the downtime that you had I’d imagine you are working on improving.

And this is for a critical application which is used by the JSE to manage our systemic risk and to make sure that investors are protected when they trade on the JSE. The solution has been in place for a bit over a year now, and it has had a highly successful first year of operation. JIMMY MOYAHA: Dr Fourie, as we look at the client-centric focus that the JSE is on, do we expect to see things like bitcoin listings or bitcoin ETF listings any time soon? We’ve seen that ever since the US SEC has passed that – and we’re still going through our own CASP licensing – there is a demand for it, at least at an institutional level.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Moneyweb /  🏆 5. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE hikes dividend amid double-digit profit growthJSE hikes dividend amid double-digit profit growthThe Johannesburg Stock Exchange’s net finance income grew by over 65% due to higher interest rates in 2023.
Read more »

Mustek earnings tumble in tough climateMustek earnings tumble in tough climateJSE-listed technology distributor Mustek has reported a 58.8% slump in headline earnings per share.
Read more »

Best-paid tech CEOs in South AfricaBest-paid tech CEOs in South AfricaThese were the best-paid JSE-listed tech CEOs in the 2022/23 financial year.
Read more »

Why Shoprite paid R1 for three Resilient Nigerian mallsWhy Shoprite paid R1 for three Resilient Nigerian mallsThe JSE-listed Reit got itself into a bit of a pickle …
Read more »

City of Tshwane finally publishes its financial statementsCity of Tshwane finally publishes its financial statementsJust in time to meet the JSE's revised-revised deadline …
Read more »

Swix indices on the way out as JSE simplifies benchmarksSwix indices on the way out as JSE simplifies benchmarksSwix indices on the way out as JSE simplifies benchmarks
Read more »



Render Time: 2025-02-14 20:55:04