As the JSE reaches 100,000 points, it is worth remembering its fragile beginnings
"Cape Town, despite its economic promise and established merchant class, never created its own stock exchange."
That statement is NOT true, as you should know. From 3 May 1901 till 1906 Cape Town had its own stock exchange, as did Kimberley from 1881 till 1894.
Indeed! Thank you, I've amended the text to reflect that.
You touch on this in the article, but any more reasons as to why Pretoria's exchange failed?
Eish
"Cape Town, despite its economic promise and established merchant class, never created its own stock exchange."
That statement is NOT true, as you should know. From 3 May 1901 till 1906 Cape Town had its own stock exchange, as did Kimberley from 1881 till 1894.
Indeed! Thank you, I've amended the text to reflect that.
You touch on this in the article, but any more reasons as to why Pretoria's exchange failed?
Eish