Browsing: stock exchange

Shoprite-Group

Shoprite Group, SA’s largest retailer, joins A2X stock exchange

Investing
  • A2X will mark the fourth exchange that Shoprite Group shares will be available to investors.
  • A2X market has partnered with Aqui Exchange, providing it with a licensing matching engine, surveillance and clearing technology.
  • The Namibian Stock Exchange (NSX) and Lusaka Securities Exchange (LUSE) have also listed Shoprite Group as an instrument in their respective countries.

Shoprite Group, South Africa’s largest retailer, has been approved for a secondary listing on A2X Markets, an upcoming stock exchange market. The retailer’s shares will be available for trade on A2X from April 11, 2023.

On April 4th, A2X Market announced that Shoprite Group had met the criteria for appearing under its secondary listing. This sudden turn of events is not unexpected, as South Africa’s largest retailer has had a series of wins over the past years. 

A2X will mark the fourth exchange that Shoprite Group shares will be available to investors after Johannesburg Stock …

Navigating Zimbabwe Stock Exchange for new investors

Business

If your goal is financial success, then the investment is the vehicle that will get you to that destination. Having said that, many people just do not know the first thing about investing let alone investing in the stock market. Many appreciate the need and the urgency to invest for the future, but they come up short in terms of how to go about the business of investing in a practical manner. Unfortunately, this lack of understanding of this concept has seen many people fall prey to con artists who swindle them of their savings. 

What does it mean to invest? 

Investment basically means to place funds or resources into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit. Investopedia describes investing and investment as “…the act of allocating resources, usually money, with the expectation of generating an income or profit. You can invest

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