
PSG Financial Services delists from Mauritius Stock Exchange due to low trading activity
PSG Financial Services, a South African financial services group, will delist from the official market of the Stock Exchange of Mauritius SEM on August 31, 2026. The company, which has been listed in Mauritius since November 2018, cited a lack of trading activity on its shares as the reason for its departure. PSG stated that maintaining a listing in Mauritius offered limited benefits to the company and its shareholders while incurring regulatory, administrative, and compliance costs. The group will continue to be listed on its primary markets in Johannesburg and Namibia. An investment specialist described PSG's withdrawal as "negative publicity" for the local stock exchange, suggesting it highlights issues such as insufficient trading and a lack of liquidity. This situation reflects a deficit in the attractiveness and liquidity of the SEM, potentially hindering its internationalization ambitions. However, the specialist noted that the SEM is not solely responsible for these problems, suggesting that various authorities, including the Stock Exchange, the Financial Services Commission, and the Ministry of Financial Services, have a role to play, particularly in financial education for the public. The specialist also pointed out that brokerage fees in Mauritius can be high for individual investors, reaching up to 1.25%, which is elevated compared to other countries where online trading has significantly reduced costs. Furthermore, the local market's performance has not been stro



