POINT OF ORDER
TIM COHEN: Help us continue our quest for top quality
'Imagine what SA would look like today if it were not for our feisty, questioning, absorbing press'
Please bear with me as I depart from the usual commentary on South African economics and politics in this column to make an appeal on behalf of Business Day and the business press in general. About two years ago, after a long and tortuous debate, the JSE substantially reduced the requirement that companies publicise their corporate actions and full results in two newspapers. A compromise was reached in which the requirement was reduced to one newspaper and a much briefer announcement. The consequence of this decision was devastating to the business press, but now the JSE has opened discussions on scrapping the requirement entirely. I would, in deepest humility, ask that if you are a reader of Business Day or a listed business that struggles to explain your business or you are an investor who values deeper knowledge about potential investments, you join us in objecting to this change. Our argument is simple: the requirement is not expensive, it supports transparency and a free press ...
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