The JSE Securities Exchange on Thursday announced its first two listings on its AltX alternative exchange.
The two companies are Beige Holdings Limited and Insure — Insurance Outsourcing Managers’ Holding Limited.
”This is the high point for Beige,” said Beige chief executive John Rawling after ceremoniously beating a drum as the market opened at 9am to signify the new listings.
AltX, the first alternative exchange in Africa, is the new parallel market for small to medium companies and it intends encouraging entrepreneurship and small business development in South Africa. – Sapa