The Cape Town Stock Exchange

The Cape Town Stock Exchange (CTSE) is a stock exchange based in Cape Town, South Africa, catering to small- and medium-sized businesses. The exchange, formerly known as 4AX, rebranded in September 2021 and has been operational since 2017. CTSE prides itself on being one of the few exchanges in the country licensed to list both equity and debt, aiming to support the growth of companies in South Africa and the broader African economies. The exchange is committed to providing diverse companies with access to capital and investors, regardless of their location or industry. CTSE aims to address the traditional barriers that have prevented SMEs and mid-cap businesses from considering a market listing for capital raising. The company emphasizes inclusivity and aims to simplify fee structures and governance requirements to make stock exchanges more accessible. Additionally, CTSE is focused on promoting a more inclusive approach to capital raising on stock exchanges throughout South Africa. The latest venture round investment of ZAR85.00M was secured on 18 August 2022, with participation from Shaolin Capital Management, Pallidus, Lebashe Investment Group, Gary Stroebel, and Imvelo Ventures. The exchange has its headquarters in Cape Town with a presence in Johannesburg and collaboration with businesses across Southern Africa. Furthermore, all group entities are 58.38% black-owned and qualify as Exempted Micro Enterprises, demonstrating a commitment to contributing to a more inclusive and diverse business environment.