South Africa Partners with JSE to Revive State-Owned Enterprises
South Africa plans JSE listings for struggling state companies, aiming to boost investment amid stalled privatization of non-core assets.
The South African government is working with the Johannesburg Stock Exchange (JSE) to explore listing struggling state-owned companies. This initiative aims to attract investment and stabilize these entities, Bloomberg has reported.
The report further stated that the officials have previously proposed privatizing non-core state assets, progress in this direction has been limited. The collaboration with the JSE signals a renewed effort to address challenges in managing state enterprises and unlock potential value for the economy.
