By Zuko Komisa
The Johannesburg Stock Exchange (JSE) and New York Stock Exchange (NYSE: ICE) have signed a memorandum of understanding.
In the press release, it is noted that a South African delegation, including JSE Group CEO Dr. Leila Fourie and South African Reserve Bank Governor Lesetja Kganyago, visited the NYSE where the deal was finalized.
The announcement means that opportunities for investors and issuers on both continents are predicted to expand as a result of the collaboration.
The organizations also decided to work together to study the creation of new products and share knowledge regarding ESG (environmental, social, and governance), ETFs (exchange-traded funds), and digital assets, according to a statement released on Tuesday, October 11.
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Kaya Biz with Gugulethu Mfuphi spoke to Vuyo Lee – Director of Marketing & Corporate Affairs at the JSE who unpack what this new collaboration will mean for investors.
LISTEN TO THE FULL CONVERSATION HERE:
The @NYSE, part of Intercontinental Exchange, Inc. and the #JSE today announced that they have signed a memorandum of understanding to collaborate on the dual listing of companies on both exchanges. https://t.co/aKihg4mMik
— JSE (@JSE_Group) October 11, 2022


