Johannesburg Stock Exchange Hosts British Prime Minister David Cameron

July 19, 2011


Johannesburg 18th July - The Johannesburg Stock Exchange (JSE) today hosts British Prime Minister David Cameron, SA Finance Minister Pravin Gordhan, and a high level government and business delegation from both countries. PM Cameron and Minister Gordhan will be joined by leading entrepreneur Dr Precious Motsepe for a panel discussion on the growing world awareness that Africa is open for business. Stock Exchange chairman Humphrey Borkum is to open the event.

JSE CEO Russell Loubser comments on the significance of this discussion: “Discussions with investors worldwide demonstrate the growing interest in Africa as an investment destination, based on the recognition that the continent’s entrepreneurs are launching and growing prosperous businesses. Every blue chip company starts as a good business idea. Support for entrepreneurs is critical to realize desired employment figures and economic growth.”

As a stock exchange, JSE efforts to contribute towards the nurturing of business throughout the continent are focused on initiatives to develop its capital markets. The exchange’s Africa Board, part of the Main Board in the equities market, enables issuers from the rest of the continent to take advantage of increased profile and capital raising opportunities through a dual listing on the JSE. A planned Africa hub will allow clients to route orders to African exchanges using a single technological hub operated by the exchange. And strong relationships with some of the continent’s capital markets enable mutual development.

“It is through trade, investment and measures to boost entrepreneurism that Africa will realize its full potential,” says Loubser.

About JSE Limited
As South Africa’s only full service securities exchange, the JSE connects buyers and sellers in four different financial markets, namely equities, equity derivatives, commodity derivatives and interest rate instruments. The JSE Ltd offers the investor a truly first world trading environment, with world class technology, surveillance and settlement in an emerging market context. It is amongst the top 20 largest equities exchanges in terms of market capitalisation in the world.
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