The JSE is in a pickle. It is grappling with a board composition that is being critiqued for its corporate-heavy slant and a delisting crisis that threatens its vibrancy.

The latest annual shareholder meeting’s echoes of concern suggest that the JSE’s leadership, while experienced, may be too entrenched in “big business” to effectively champion the retail investor or the smaller companies. It is easy to sympathise with this sentiment...

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