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South Africa is to get its second stock exchange, after the Johannesburg Stock Exchange has dominated trading in the country for more than a century. ZAR X has been given a licence to operate, and it plans to be up and running in September.
The African Securities Exchanges Association will hold its annual conference in Johannesburg later this month, where discussions will explore the future and evolution of African stock markets. The conference will also look at the value of integration, as well as sustainability.