Johannesburg Stock Exchange honours its `stalwart` companies

source: SouthAfrica.info
23 April 2008

The JSE has honoured 19 South African companies that have been listed on the exchange for 40 years and more, stating that those companies have helped position the JSE as a world-class stock exchange.

“The exchange has operated for 121 years and throughout this time has formed solid relationships with several prestigious organisations,” said JSE chief executive Russell Loubser at a luncheon in Sandton, Johannesburg, last Friday.

The JSE, which ranks among the top 20 stock exchanges worldwide in terms of market capitalisation, was originally established as the Johannesburg Stock Exchange in November 1887 to raise capital for mining operations following the discovery of gold in the Witwatersrand a year earlier.

Companies that have been listed for 40 years and longer include DRDGOLD, African and Overseas Enterprises, Caxton and [continue reading]