Etienne Nel News

A worker walks past an electronic board displaying movements in major indices, at the Johannesburg Stock Exchange in Sandton

South Africa may get three more stock exchanges ... and a lot more investors

Africa’s largest stock exchange, the Johannesburg Stock Exchange in South Africa, is about to get some competition on its own turf.

Etienne Nel, Co-Founder and CEO of South Africa’s soon-to-be second stock exchange, ZAR X

ZAR X: What will South Africa's second stock exchange do differently and who will it target?

Last week Wednesday South African company ZAR X announced that it had been granted a conditional stock exchange licence by the Financial Service Board (FSB).