South African bourse seeks to lure firms from Nigeria to Kenya

The latest South African stock exchange opens Thursday pledging to lure firms from across the continent with listing costs that are a third of that charged by the Johannesburg Stock Exchange. TWK Agri will be the first company to trade on the Cape Town Stock Exchange, which was previously called 4 Africa Exchange before an overhaul that resulted in the bourse becoming a full-fledged stock exchange, according to CEO Eugene Booysen. BKV Holdings will list a few weeks later.

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