From proprietorship, public companies to pyramid ownership and control: The evolution of the Financialisation of the South African Economy

Presented by Lumkile Mondi

Date: 
Monday, 7 November, 2016 - 15:00

The significance of South Africa’s capital markets in the economy is substantial. The country’s stock market is valued at twice the value of output as measured by the Gross Domestic Product. It is also larger than the bourses of Mexico, Indonesia and Turkey, whose economies are slightly larger than South Africa (Hassan, 2013). But how did this happen in an economy down in the South of the African continent and far away from the dynamic and diversified economies of the east, north and west?

Attached File: 
  • Seminars will be held in the WISER seminar room from 3:00 to 4:30pm.
  • Participants must read the paper prior to the seminar.
  • The paper will typically only be available on the Friday preceding the seminar.

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