Cross-border listings can save Africa's underperforming IPOs

Trader at the floor of the New York Stock Exchange (NYSE) on May 18, 2022, in New York City. PHOTO | AFP

DRY HUMOUR ALERT: A well-to-do Johannesburg trader visits Nairobi. During his stay, he sees a young man sleeping every day and doing nothing outside his house. So he decides to persuade him to change his life and goes on to talk to him.

Trader: Hello young man, looks like you have nothing to do. I suggest you come with me to Johannesburg.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.