'We want to unleash the SME growth sector' - 4AX CEO Eugene Booysen on the launch of the Cape Town Stock Exchange

Alternative stock exchange 4AX, a rival to the Johannesburg Stock Exchange (JSE), is rebranding to become the Cape Town Stock Exchange (CTSE). 4AX Chief Executive Officer Eugene Booysen joined the BizNews Power Hour to unpack this development with Alec Hogg. According to Booysen, what sets this new stock exchange apart is its focus on SMEs, mid-sized corporates, and small-cap stocks. "We can't keep paying lip service to SME development; we can't keep paying lip service to growth in the underlying SA economy. [If] we are serious about targeting growth companies, [if] we are serious about helping entrepreneurs, then we need to bring ourselves down to where the entrepreneurship occurs," he explains. Learn more about your ad choices. Visit megaphone.fm/adchoices