Tag: JSE

For boards of listed companies, Chief Executive Officer (CEO) succession is often framed as a debate about background. Finance or operations, commercial flair or financial discipline? The tendency is to treat the top job as the natural culmination of a particular functional path. The evidence suggests that this thinking is increasingly outdated.

As we settle into the second half of 2026, global market returns continue to reflect themes pulling markets in different directions. There has been an almost unprecedented combination of geopolitical tension, volatile oil prices, persistent inflation and uncertainty over interest rates. Added to this are the extraordinary gains delivered by Artificial Intelligence (AI). These gains have become concentrated in a small number of large companies.

The CEO of South Africa's highest-paying JSE-listed company earns more than 6,000 times the national minimum wage, according to data published by the Labour Research Service. Across the top 20 JSE-listed employers by CEO pay, every company exceeds 939 times that benchmark.

The operating environment in 2025 remained volatile and uncertain. Geopolitical conflict, policy uncertainty and US tariffs drove this instability. Closer to home, South Africa made progress across several fronts. As a result, financial markets, corporates and individuals adopted a more optimistic outlook. The South African economy outperformed expectations. Real GDP growth more than doubled to 1.2% year on year during the first three quarters of 2025.

We are pleased to announce that the Financial Sector Conduct Authority (FSCA) has published our approval of amendments to the Johannesburg Stock Exchange (JSE) Listings Requirements. These amendments deal with the Simplification Project. As a result, FSCA greenlights JSE’s simplification project, marking a major regulatory milestone.

Political concerns have dominated markets in recent months. It has mostly been US President Donald Trump throwing his weight around (tariffs, Iran, North Korea), but in the past week Italy has been the source of market unease.

Roxanne Da Mata Goncalves | Director | Strata-G Labour Solutions | Roxanne@strata-g.co.za | www.strata-g.co.za | Is the failure by 72 JSE listed companies to comply with the provisions laid out in the Employment Equity Act (EE) a blatant lack of respect, as Deputy Minister of Labour Nkosi Phathekile Holomisa posits, or is it more complex than that? Non-compliance Legislation focuses on two requirements when establishing whether a business is required to report on employment equity or not: the first is the...

Melanie De Nysschen | Principal | Bravura | mdnysschen@bravura.net | www.bravura.net | Listing on a stock exchange is not just the reserve of large corporations. ...

LexisNexis is proud to bring you the third edition of this popular reference work on corporate governance. The book combines a detailed exposition of the...

Talk of radical economic transformation, a concept that has dominated public discourse in recent months, is an outcome of government policy failures, which have left the majority black population on the margins of the mainstream economy, speakers argued during a panel discussion organised by the University of Cape Town Graduate School of Business (GSB) on Wednesday 19 April.