Connecting investors to African opportunities
The JSE is a multi-asset class stock exchange that offers listings, trading clearing and settlement, information services and issuer services. Founded in 1887, the JSE is Africa’s largest stock exchange by market capitalisation. It is the 16th largest stock exchange in the world.
The JSE demutualised and listed on its own exchange in 2005. Since then, the listed entity JSE Limited has evolved into a leading, diversified exchange services Group through organic growth and acquisitions.
On this website, you learn about our role, history, Group structure, financial performance and approach to governance and sustainability. We have also included information relevant to our shareholders, such as share performance, our reporting suite, annual general meeting information and the latest SENS announcements.
What we do
We connect buyers and sellers through financial products, supported by world-class technology and regulatory oversight.
Listing Services (Primary Market)
The JSE is an attractive capital raising destination for the listing of securities and debt instruments.
Established companies seeking capital to grow their businesses list on the JSE’s Main Board. Smaller, high-potential businesses not ready for a Main Board listing may raise capital through a listing on the JSE’s AltX.
We also offer a private market solution for companies that need to raise capital but wish to remain private.
Investment providers create and list securities like exchange-traded funds (ETFs), exchange-traded notes (ETNs) and warrants on the JSE’s Main Board.
We regulate Africa's largest listed Debt Market by capitalisation and liquidity. The South African government, state-owned enterprises, corporates and other African governments raise debt funding through listing bonds on the Debt Market.
Trading Services (Secondary Market)
The JSE provides trading, colocation and client support services across our markets.
We provide reliable and transparent market data products to market professionals and data distributors. We provide live data for JSE-listed equities, derivatives and bonds and an extensive selection of historical data products.
JSE Investor Services
We offer transfer secretarial services to issuers. This includes share register maintenance, issuer communication, the handling of corporate actions and share scheme management. We also have a central securities depository participant offering.
Our regulatory role
We are a self-regulatory organisation, licensed in terms of section 8 of the Financial Markets Act, 19 of 2012. We are the front-line regulator of issuers and trading and clearing members through the Issuer Regulation and Market Regulation divisions.
Our Issuer Regulation division is responsible for the JSE Listings Requirements and their interpretation, application and enforcement. The Market Regulation division oversees trading across the JSE’s markets to identify market abuse, including insider trading and market manipulation.
Our purpose, vision, values and ethical culture
We are committed to a vision of a prosperous and inclusive South Africa within a dynamic and developing continent.
People with passion, powering a trusted marketplace for an inclusive and prosperous future.
Growing shared prosperity.
To be the best globally connected platform for inclusive and sustainable value creation that enriches lives and enables a positive future.
We deliver on our purpose through our core values of servant leadership, connecting for co-creation and growing together.
We remain focused on adhering to the applicable legislation and being an ethical, environmentally responsible business.
JSE Delivers solid growth amid macro-economic headwinds
Johannesburg, 2 August 2023: The Johannesburg Stock Exchange (JSE) reported double-digit earnings growth despite macro-economic and market headwinds in the first half of 2023. Interim financial results for the period demonstrate a resilient financial performance and success in expanding operations across an increasingly diversified portfolio.
The bourse achieved a 10% year-on-year increase in Net Profit After Tax (NPAT), reaching R493 million, and posted 12% growth in Headline Earnings Per Share (HEPS), rising to 607.2 cents. This performance was supported by a 53% increase in net finance income, on the back of higher interest rates in the first half.
Our latest financial results
“We are pleased to report year-on-year growth of 10% in the JSE’s net profit after tax (NPAT). We have delivered solid growth in an uncertain environment, as our largest market experienced lower trading activity amid continued macro-economic volatility. The Group’s performance was supported by our ongoing focus on diversifying earnings through new business lines and growth in net finance income. The contribution of non-trading revenue now represents 36% of operating revenue (H1 2022: 34%), with double-digit growth in Information Services and JSE Investor Services (JIS). We also maintained operational resilience with outstanding uptime across our markets of 99.98%, while the business continues to be cash generative alongside a robust balance sheet. We remain focused on continuing to deliver our strategic objectives of protecting the core while growing the non-trading segment further to limit the impact from fluctuations in trading activity.”
- Leila Fourie, CEO of the JSE