{"id":848378,"date":"2026-01-20T11:45:00","date_gmt":"2026-01-20T09:45:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=848378"},"modified":"2026-01-20T12:12:17","modified_gmt":"2026-01-20T10:12:17","slug":"jse-looks-to-end-bloodbath","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/848378\/jse-looks-to-end-bloodbath\/","title":{"rendered":"JSE looks to end bloodbath"},"content":{"rendered":"\n

The Johannesburg Stock Exchange (JSE) has highlighted the benefits of its new Listing Requirements as it seeks to end its listing bloodbaths. <\/p>\n\n\n\n

The JSE recently received approval from the Financial Sector Conduct Authority (FSCA) for the amendments to the JSE Listings Requirements.<\/p>\n\n\n\n

The approval marks a significant step in the Simplification Project, which was launched in September 2023, which looked to reduce the complexity of requirements for listing. <\/p>\n\n\n\n

The new listing requires a plain-language recording of concise regulatory objectives. The benefit of the Simplification Project is the substantial reduction in the number of Listing Requirements by over 50%. <\/p>\n\n\n\n

The simplified Listings Requirements came into effect following a comprehensive public consultation process that included input from issuers, sponsors, investors, and other market participants. <\/p>\n\n\n\n

The new Listings Requirements will replace the previous version in its entirety and will come into force for new applicants seeking a listing on 13 January 2026 and existing issuers on 16 February 2026.   <\/p>\n\n\n\n

They form part of the JSE\u2019s broader strategic drive to create an enabling environment that attracts and retains listings.<\/p>\n\n\n\n

The JSE has seen a huge slump in listings over the last two decades. <\/p>\n\n\n\n

In the 1990s, there were roughly 850 listings. This fell to 400 by 2012, and there are now fewer than 300 listings on the bourse.<\/p>\n\n\n\n

Another issue is that many of the JSE’s largest remaining companies are now dual-listed on international stock exchanges, including London and New York. <\/p>\n\n\n\n

While this allows companies to access cheaper finance abroad, it also reduces the amount of stock available for trading on the JSE. <\/p>\n\n\n\n

The group aims to stem the losses with the new requirements.<\/p>\n\n\n\n

\u201cThe FSCA\u2019s approval of our simplified Listings Requirements marks a pivotal step in modernising South Africa\u2019s capital markets,” said Andre Visser, Director: Issuer Regulation at the JSE.<\/p>\n\n\n\n

“Alongside Market Segmentation and the expansion of fast\u2011track listings regime, this reform package is already strengthening our pipeline and lowering barriers to listing, while safeguarding investors through clear, fit-for-purpose regulation.” <\/p>\n\n\n\n

Good signs<\/h2>\n\n\n
\n
\"\"<\/a>
Listing of Boxer in 2024<\/figcaption><\/figure><\/div>\n\n\n

The new regulations also complement the Market Segmentation framework, which reduces compliance costs and provides flexibility for listed Main Board companies outside the FTSE\/JSE All Share Index. <\/p>\n\n\n\n

The JSE said that this encourages capital formation and corporate actions within an appropriate governance setting. <\/p>\n\n\n\n

Approved by the FSCA with effect in September 2024, the JSE’s Market Segmentation repositions the Main Board into two segments, giving regulatory support for eligible issuers. <\/p>\n\n\n\n

Since its launch, 31 Main Board companies have migrated to the General Segment, given new access to capital, cost-effective reporting, and flexible corporate actions. <\/p>\n\n\n\n

Despite the history of delistings over the last two decades, the JSE has seen the arrival of large companies in the previous two years. <\/p>\n\n\n\n

In 2025, the JSE welcomed several new entrants from diverse sectors, including ASP Isotopes, Cell C Holdings and Optasia.<\/p>\n\n\n\n

This comes a year after Boxer, Rainbow Chicken, Altvest and WeBuyCars all listed on the JSE.<\/p>\n\n\n\n

The JSE said that the wider market activity in 2024 and 2025 includes increased origination and expected listings as conditions improve. <\/p>\n\n\n\n

It said that this underscores the impact of its reforms in easing the recent period of subdued listings activity.<\/p>\n\n\n\n

Expected listings in the near future include Canal+ following its acquisition of Multichoice, Fidelity Services Group, Coca-Cola HBC and Tyme Group. <\/p>\n","protected":false},"excerpt":{"rendered":"

The JSE has received the green light for its simplification project, with the company looking to bring in new listings. <\/p>\n","protected":false},"author":95,"featured_media":745167,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[175],"class_list":["post-848378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-jse"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/848378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=848378"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/848378\/revisions"}],"predecessor-version":[{"id":848394,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/848378\/revisions\/848394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/745167"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=848378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=848378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=848378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}