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African security exchanges meet in Johannesburg

By News Express on 18/09/2015

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The Johannesburg Stock Exchange (JSE) will be hosting the African Securities Exchanges Associations (ASEA) conference – a premier association of 25 securities exchanges. The conference will be held in Johannesburg from Novemebr 15 – 17.

The theme of the conference is “Africa Evermore: Growth for sustainability”. The conference serves to underline the fact that Africa’s capital markets are stable, have huge potential, and are growing.

ASEA President Oscar Onyema said: “The conference will be another step in establishing the sustainable development of African capital markets, finding ways to facilitate and increase market access at the regional level, and promoting greater interconnection among African exchanges.”

ASEA aims at developing member exchanges while enhancing their global competitiveness. The conference will include major players in the African capital markets, including listed companies, trading participants, regulators, government representatives, technology providers, legal advisors, and institutional investors from Africa, Europe, and Asia.

The discussion topics will focus on themes relevant to Africa and will provide an ideal opportunity to network and exchange information with industry leaders from across the continent.

Over the last ten years, the continent has posted steady growth, standing up to the impact of global shocks and becoming an investment destination of choice. Capital markets have been the key drivers of this economic transformation and they continue to play a central role in Africa’s growth story.

ASEA’s mandate is to promote Africa not only as a sound investment destination offering better returns than more developed markets but one that also incorporates strong regulatory structures. Onyema pointed out that transparency and governance are fundamental to a healthy business environment.

ASEA Executive Committee Member Zeona Jacobs, Director of Marketing and Corporate Affairs at the JSE, said: “By hosting this event, the JSE will serve to further position Africa as a serious global contender in the financial services and securities exchange sector.”

“ASEA has been successful in attracting capital inflows to key markets in Africa by positioning them as key engines of economic growth and opportunities for business development,” said Jacobs.

“The conference highlights the important role its members have in advancing the exchange market and raising Africa’s global competitiveness in this sector.”

•Photo shows ASEA President Oscar Onyema.

Source News Express

Posted 18/09/2015 04:46:27 AM





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