Johannesburg, 9 December 2016, The Committee of the SADC Stock Exchanges (CoSSE) hosted its
inaugural SADC brokers’ networking session, at the Johannesburg Stock Exchange (JSE) earlier this
week. The session which was attended by SADC brokers was a platform for brokers to meet each
other and share information about their respective markets, with the objective of encouraging crossborder
The session was the first step towards the implementation of the CoSSE Interconnectivity Hub
Project which aims to enable enterprises to raise the capital across all SADC exchanges should they
are already be approved to raise capital on one exchange; allow investors on one exchange to buy
shares seamlessly on other exchanges within the SADC region. The interconnectivity will go a long
way in increasing liquidity as well as tackling current capital market inefficiencies.
One of the current challenges is that within SADC there is not enough secondary trading for buyers
and sellers to get fair prices and desired timing. In addition there are too few issuers and too few
opportunities to invest. Once the CoSSE Interconnectivity Hub Project is fully implemented it will
combine markets to get more opportunities to invest and more investors.