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Africa's biggest retirement fund administrator, Alexander Forbes, on Thursday became the 11th company to list on the Johannesburg Stock Exchange this year. The company listed with a market capitalisation of around R10.9-billion, putting it into the top 25% of firms listed on the bourse.
Financial services group Alexander Forbes has adopted Memezelo Secondary School in Soshanguve, north of Pretoria, making it the latest public school in South Africa to partner with an established private sector group.