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Africa’s Biggest Stock Market Named Best Regulated in WEF Report

The Johannesburg Stock Exchange, operator of the continent’s largest equities and bond markets, ranked first among 144 nations for the effectiveness of regulation and supervision, the World Economic Forum said.

It’s the fifth consecutive year the JSE was listed first in the Global Competitiveness Report, the exchange said in an e-mailed statement today. South Africa ranked third in the ability to raise finance through the local equity market and the effectiveness of corporate boards. It was second in protecting the rights of minority shareholders and 53rd on its Global Competitiveness Index.