{"id":57179,"date":"2015-11-05T11:41:18","date_gmt":"2015-11-05T09:41:18","guid":{"rendered":"http:\/\/www.myza.co.za\/2015\/11\/the-african-securities-exchanges-association-asea-conference-reflects-strength-of-continents-capital-markets\/"},"modified":"2015-11-05T11:41:18","modified_gmt":"2015-11-05T09:41:18","slug":"the-african-securities-exchanges-association-asea-conference-reflects-strength-of-continents-capital-markets","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/the-african-securities-exchanges-association-asea-conference-reflects-strength-of-continents-capital-markets\/","title":{"rendered":"The African Securities Exchanges Association (ASEA) Conference reflects strength of continent\u2019s capital markets"},"content":{"rendered":"


\n JOHANNESBURG, South Africa, November 5, 2015\/APO (African Press Organization)\/ —
\n <\/span><\/p>\n

The African Securities Exchanges Association (ASEA) (http:\/\/www.african-exchanges.org)\u2014a premier association of 25 securities exchanges from across the continent\u2014will hold its annual conference in Johannesburg from 15\u00a0\u2013\u00a017\u00a0November (http:\/\/www.2015aseaconference.co.za).<\/p>\n

\n

ASEA President Oscar Onyema said that the theme of the conference\u2014Africa Evermore: Growth for sustainability\u2014embodied the potential, growth, and stability of Africa\u2019s capital markets. The Johannesburg Stock Exchange (JSE) (http:\/\/www.jse.co.za), the continent\u2019s largest and member of the World Federation of Exchanges (WFE), will host the conference.<\/p>\n

\u201cThe conference is important as it features high level discussions covering themes that are relevant to our capital markets and opportunities to network with leading industry players from across the continent,\u201d said Onyema.<\/p>\n

JSE Chief Executive Officer Nicky Newton-King said the packed two-day programme would provide delegates with an in-depth understanding of the strength resulting from the integration of Africa\u2019s security exchanges.<\/p>\n

\u201cThose who operate in the regulated market need to know that we are part of the global financial markets,\u201d she said. \u201cWe are already beginning to see this for example in East Africa, where they are driving significant regional connectivity.\u201d<\/p>\n

One of the topics up for discussion will be to look at the \u201cRole of the Exchange as a Corporate Citizen\u201d. Increasingly, investment decisions are being driven by considerations of risk, impact, and sustainability that are far wider than just financial returns. ASEA assists in promoting and educating members and stakeholders on the importance of socially responsible investments and the need to pay attention to environmental, social, and governance (ESG) issues.<\/p>\n

Delegates will also have the opportunity to explore how to attract Sovereign Wealth Fund (SWF) investors and examine how they see Africa\u2019s Exchanges. Malawi Stock Exchange CEO John Kamanga, who will be moderating the discussion, said the conference played a large role in focusing attention on what was happening on the African stock exchanges.<\/p>\n

A number of ASEA\u2019s member countries have already launched SWFs, including Angola, Ghana, and Nigeria. SWFs invest surplus revenues and can be an effective fiscal stabilisation mechanism, enabling governments to access liquid assets, and channel investment into specific projects like infrastructure development.<\/p>\n

\u201cThe ASEA Conference serves to confirm that we are open and ready to do business,\u201d said Kamanga. \u201cThere are, of course, the inherent benefits of being able to network and interact with our colleagues, with the international fund managers and stock exchange members, and with all this comes the transfer of skills and knowledge.\u201d<\/p>\n

Newton-King concurred. \u201cIt is about finding ways to share knowledge and experiences so as to build depth and sophistication of African markets across the continent that will allow linkages to develop over time.\u201d<\/p>\n

Onyema said that capital markets have been the key drivers of Africa\u2019s economic transformation and continue to play a central role in the continent\u2019s growth story.<\/p>\n","protected":false},"excerpt":{"rendered":"

JOHANNESBURG, South Africa, November 5, 2015\/APO (African Press Organization)\/ — The African Securities Exchanges Association (ASEA) (http:\/\/www.african-exchanges.org)\u2014a premier association of 25 securities exchanges from across the continent\u2014will hold its annual conference in Johannesburg from 15\u00a0\u2013\u00a017\u00a0November (http:\/\/www.2015aseaconference.co.za). ASEA President Oscar Onyema said that the theme of the conference\u2014Africa Evermore: Growth for sustainability\u2014embodied the potential, growth, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[428,4585,830],"class_list":{"0":"post-57179","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-africa-news-2","7":"tag-africa","8":"tag-apo","9":"tag-news","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/57179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=57179"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/57179\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=57179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=57179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=57179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}