African stock markets push for removal of firm dominance risk in equity trade
Panelists at the 2024 Asea Conference in Gaborone, Botswana, in a discussion moderated by Ms Tshegofatso Tlhong, CFA, Chief Investment Officer of Kgori Capital Botswana.
African capital markets are pushing for combined efforts to reduce market concentration risk, as part of reforms to improve governance and avert crashes in case of domestic or external shocks.
The African Securities Association (Asea), the continental lobby for capital markets, says reducing the risk associated with the dominance of a few big firms in equity trade will allow diversification of product offerings and give investors wider investment options.
