Vanishing Acts: An Econometric Exploration of Firm Delistings in South Africa

Vanishing Acts: An Econometric Exploration of Firm Delistings in South Africa - Prof Haroon Bhorat

The DPRU team has published a new report, delivering a compelling and methodologically rich analysis of firm delistings from the Johannesburg Stock Exchange. Drawing on econometric analysis, machine‑learning techniques, cross‑country comparisons, and insights from market participants, the paper offers fresh evidence on why firms are disappearing from the JSE. Its findings challenge simplistic narratives of decline, showing instead how firm‑level dynamics and broader macroeconomic conditions shape the sustainability of public equity markets in South Africa — making this an essential read for researchers, policymakers, and market participants alike.

https://commerce.uct.ac.za/media/766823

CNBC-Africa Interview with Prof. Haroon Bhorat, 13 April 2026