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    🇿🇦 Johannesburg Stock Exchange

    90,149.69         +1,253.44 (+1.41%)
    FTSE/JSE AFRICA ALL SHARE INDEX | As of 19-Mar-2025

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    It’s official. The Johannesburg Stock Exchange (JSE) is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a cheaper alternative to investors and companies looking to raise capital.

    Anglo-South African services firm, Old mutual, plans to divide into four activity segments, Sky News reported on March 6.

    South African bank Standard Bank reported in a statement published on March 3, its net profit in 2015 soared 34% to R21.37 billion ($1.37 billion) from 2014. The increase is due to better net interest revenues but also to the sales of its loss-making subsidiaries in U.K. and Brazil.

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