Tag: share capital
JSE delisting challenges – new regulations and market shifts
The Johannesburg Stock Exchange (JSE) is the largest bourse in Africa. Its market cap of approximately ZAR20 trillion also means that it sits in the top 20 of the world’s largest stock exchanges. Despite that size and heft, it is under significant pressure. In addition to increased competition from newer exchanges such as the Cape Town Stock Exchange and A2X Markets, it has a serious delisting problem.
JSE market segmentation project – listing requirements amendments approved
We are pleased to announce that the Financial Sector Conduct Authority (FSCA) has approved our amendments to the listings requirements dealing with market segmentation which come into effective on 23 September 2024.
Unpacking onerous adjustments to the apportionment formula
The shortcomings of the Value Added Tax (VAT) apportionment formula set out in 2011, have been addressed in a new formula which applies with effect from all financial years commencing on or after 1 January 2024. We highlight important adjustments to the formula which is laid out new Binding General ruling, BGR 16 (Issue 3).
Understanding shareholder rights – tackling the Big Fish
An often misunderstood issue among entrepreneurs is the muddled duties of individuals who act in the roles of shareholder, director and employee. The court recently assisted to untangle these issues.
