RSA to delist from Securities Exchange on 2 May

SOUTH AFRICA - The South African Reserve Bank (SARB) will delist from the JSE Securities Exchange from the start of business on 2 May after the required number of shareholders voted in support of the move, it said on Friday.

The Reserve Bank said at the end of the last year that the introduction of new JSE listings requirements over the past two years and the Bank's unique structure meant it could no longer justify the listing.

It added that the Bank's share had traditionally been little traded