South Africa’s public market is broken. In the past 30 years, the number of
listed companies has more than halved from 760 to about 330.
By Paul Miller
Worryingly, the trend appears to be gaining momentum. No less than 25 delistings occurred in 2021 (with just seven new listings in the same period), and at least a further 21 delistings are already anticipated for 2022 – and we’re only at the beginning of the second quarter.
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This article was first published in the May 2022 edition of DealMakers Magazine.
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