SOUTH AFRICA: JSE Investor Services Launches New BEE Verification Platform

Wednesday March 8 2023

On 3^rd March 2023, JSE Investor Services (JIS), a wholly-owned subsidiary of the Johannesburg Stock Exchange (JSE) announced the launch of its centralised BEE Verification platform.

The BEE Verification Platform is an electronic solution that provides a streamlined process for individual shareholders to verify themselves on a ‘once-off’ basis, eliminating multiple verifications for BEE purposes when buying and selling BEE shares. In addition, the platform also affords stockbrokers and listed companies the ability to search the central BEE verification platform database for BEE verifications of shareholders to enable trade on various BEE share schemes on offer on the JSE.

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