07 Jan 2026 | 5 Mins Read
South Africa matches India's economic growth
Flipitmoney
South Africa's equity market has surged, adding over $160 billion in value and nearly matching India's gains. The Johannesburg Stock Exchange's market capitalisation rose to $505 billion, driven by gold and silver prices and a strengthening rand. The FTSE/JSE Africa All Share Index gained nearly 60%, outperforming India's Nifty 50 by 55 percentage points.