The Johannesburg Stock Exchange (JSE) is launching a nationwide initiative to reunite individuals with an estimated R4.5 billion in unclaimed dividends, addressing a significant portion of South Africa's R88.56billion in unclaimed financial assets.

This effort is in response to the 2022 Financial Sector Conduct Authority’s (FSCA) discussion paper on unclaimed assets, and will leverage JSE Investor Services (JIS) to educate shareholders, verify claims, and process payments efficiently.

By aligning with major issuers and employing digital verification and claim processing, the JSE aims to promote transparency and investor confidence in the South African financial markets, and significantly impact the economic well-being of shareholders.

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