STEPHEN CRANSTON: Biting at the JSE’s heels
You could accuse JSE management of preferring to swan around conferences such as the World Economic Forum than get its hands dirty searching SA for potential new listings
05 November 2020 - 05:00
Imagine if sleepy old Absa used the courts to try to stop one of the new digital banks such as TymeBank or Bank Zero from opening, or Santam tried to strangle new short-term insurers such as Naked and Pineapple in their early years.
Yet the JSE did its best to stop any of the alternative exchanges from offering their services to the public. In other words, the same monopoly thinking dating from the days when the SABC opposed independent radio stations...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.