BSE to self-list after demutualization

Through a process called demutualisation, the BSE will transform from a statutory body collectively owned by stockbrokers and government to a public company.

Self-listing is an international practice that stock exchanges normally adopt in developed markets after they demutualise. In a response to Mmegi Business enquiries, market development manager, Thapelo Moribame said the demutualisation process will separate ownership rights of the BSE from trading rights.