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South Africa Welcomes Nigerian Investors

The Director Issuer and Investor Relations Division of the Johannesburg Stock Exchange (JSE), Zeona Jacobs, has called on Nigerian investors to take advantage of the $55million share capital of the company.

Mrs. Jacobs, who made the call during a breakfast meeting in Lagos, said the share capital comes with its regualtion Securities Exchange valued at $347 billion.

According to her, “our clients are looking to us to assist them with accessing opportunities outside of South Africa via the JSE.” She said they are ready to collaborate with the Nigeria Stock Exchange (NSE) for possible ways of secondary listing for both ways.

While underscoring the importance of corporate governance for companies, Jacobs said, “ultimately establishing good corporate governance is very much in the interests of African countries and all the key economic stakeholders including the securities exchanges.”

Adding that one of the functions of corporate governance is to assist companies to achieve success. “The challenge for companies is how to make corporate governance issue at the heart of their decision making. It is an interesting journey for Africa, as markets have changed overtime.

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