BizNews BizNews Radio

A2X CEO Kevin Brady: We're targeting 20% of total activity in SA equities market

Loading player...
JOHANNESBURG — JSE-rival A2X has started to build some serious momentum after launching in October 2017. Last week, A2X announced that Growthpoint would launch a secondary listing on the exchange. This comes after Sanlam also launched a secondary listing on A2X in April this year, becoming the biggest listing on the exchange. To date, 10 companies have listed and by introducing much cheaper fees, it's started to have a major impact on end-investors. And A2X CEO Kevin Brady tells me in this interview that more listings are in the pipeline. In fact, the exchange has big ambitions to ultimatly make up 20% of total activity in the SA equities market over the next 3-5 years. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Jul 2018 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
29 Jun 12AM 15 min

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min
All episodes