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Apart from a global delisting trend, the rising popularity of private capital, and increasingly stringent regulatory and compliance requirements, South Africa’s economic malaise has exacerbated the challenges facing the exchange.
Youth unemployment in South Africa, particularly among young women, profoundly impacts our country's potential. As of the second quarter of 2024, South Africa’s youth unemployment rate reached a staggering 46.6% among those aged 15-34, significantly higher than the national average of 33.5%.
Like many of its counterparts in the developing world, Africa has been swept up by the tide of urbanisation. Spurred on by rapid population growth, urban regions in the continent’s flagship economies, have expanded significantly.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?