'Make equity raising easier'

19 July 2020 - 00:09 By HILARY JOFFE

SA's listed companies need to be able to raise more money more quickly through the equities market and rights issues than they currently can, and their institutional shareholders need to give them the authority upfront to do so.

So says Jonathan Penkin, the new CEO for Goldman Sachs in SA, who took over from Colin Coleman in January at the same time as the global investment banking group's application for a full South African branch banking licence was approved...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.