2019: A singularly suprising year

Alwyn van der Merwe, Director of Investments at Sanlam Private Wealth South Africa: 2019 was a year of significant – mainly positive – surprises for equity investors in general, despite SA shares lagging global peers. Contrary to expectation, the year has seen a more than 20% total return in global equities, while positive real returns…

Amendments to the regulation of primary and secondary listings on the JSE

by Colin du Toit, Madelein Burger, Elodie Maume from Webber Wentzel ​On 5 November, the JSE Limited (JSE) announced amendments to its Listings Requirements to strengthen the regulation of primary listings and secondary listings. The amendments follow an extensive consultation process with the market and the public that kicked off in September 2018 after the JSE released a…

The Enhanced Auditor’s Report – Post-implementation Review in South Africa

The new and revised auditor reporting standards became effective for audits of financial statements for periods ending on or after 15 December 2016. With more than two years of post-implementation experience, SAICA provides an overview and analysis of the revised format of the auditor’s reports of certain entities listed on the Johannesburg Stock Exchange (JSE).…