Our debt-to-GDP ratio is growing, we're running a problematic current account deficit, state-owned companies are a drag on the economy and our bloated public service wage bill needs to be trimmed. We're running out of money, and fast.
Shares of Mr Price are now tradable on the A2X. This is the retailer's secondary listing, and its issued share capital on the JSE will be unaffected.
The pharmaceutical group is expected to receive final approvals to complete the sale of its milk-formula business within weeks, according to people familiar with the matter.
A total of 17 companies have been listed on the exchange, including heavy hitters Naspers, the Standard Bank Group and Sanlam.
The shares of Naspers have started trading on A2X Markets, which provides secondary listings for SA companies.
Answering three questions formed the basis for the creation of the A2X stock exchange in South Africa, CEO Kevin Brady tells Fin24.
The pharmaceutical group, which has a market cap of R42.4bn, will retain its primary listing on the JSE.
Shares in Santam will start trading on the A2X exchange from February 1, the general insurer said on Friday.
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