South Africa and JSE Explore Listing State-Owned Enterprises

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South Africa and JSE Explore Listing State-Owned Enterprises
STATE-OWNED ENTERPRISESLISTINGSJOHANNESBURG STOCK EXCHANGE
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South African government and the Johannesburg Stock Exchange (JSE) are discussing the potential listing of state-owned enterprises (SOEs) as part of a broader strategy to stimulate economic growth. Other areas of collaboration include establishing a township stock exchange and investing in the carbon market. The Minister of Planning, Monitoring and Evaluation, Maropene Ramokgopa, met with JSE officials to explore public-private partnerships in policy development, emphasizing the shift towards a market-oriented approach for SOEs.

and government are discussing the possibility of listing state-owned enterprises as part of their expanding partnership to grow and develop the economy.

The two parties say other areas of potential collaboration include the establishment of a township stock exchange and investment into the carbon market. Minister of Planning, Monitoring and Evaluation in the Presidency, Maropene Ramokgopa attended a meeting at the JSE where potential public-private partnerships in policy development topped the agenda.

“Before it used to be that, SOEs are just government controlled and governed, but now that we are coming up with a bill that is already in Parliament. We are hoping that by the end of February the last leg of public participation is finalized. That would allow us to start saying that SOEs can actually be listed, where as before they were not part of that.

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STATE-OWNED ENTERPRISES LISTINGS JOHANNESBURG STOCK EXCHANGE PUBLIC-PRIVATE PARTNERSHIPS ECONOMIC DEVELOPMENT

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