The JSE will provide financial assistance to emerging black stock broking firms to support them in the sustainable growth of their businesses.
It recently launched an Enterprise Development programme to drive this growth and demonstrate its commitment to the transformation of South Africa’s Capital Markets.
The Money Show’s Bruce Whitfield interviewed Donna Nemer, Director of Capital Markets at the JSE.
Scroll down for quotes from the audio below.
Less than 6% of JSE members are black brokers.— Donna Nemer, Director of Capital Markets at the JSE
We use the definition of ‘black’ used by the industry as a whole.— Donna Nemer, Director of Capital Markets at the JSE
We offer cash disbursement on a quarterly basis equal to 33% of what they pay us in equity trading and membership fees.— Donna Nemer, Director of Capital Markets at the JSE
Recommendedby NEWSROOM AI
Fuelled by skyrocketing demand at home and abroad, the SA avo industry is thriving, says the SA Avocado Growers Association.
The Money Show’s Bruce Whitfield interviews Daily Maverick Publisher Styli Charalambous.
VAT at 17%... yoh! Bruce Whitfield interviews Lee Kasumba, who is exploring Mozambique’s central port city of Beira.
You've probably never heard of Chuck Feeney. Nevertheless, he’s one of the strangest, most impactful people who has ever lived.
"I will still gladly bet my life on the quality of our product," says Pratley Group CEO Kim Pratley.
The Money Show’s Bruce Whitfield interviews distinguished Africa correspondent Lee Kasumba, who is in Mozambique’s central city.
Employees of the start-up media house are angered for not receiving salaries as promised at the end of June.
Nene asked unions representing Eskom workers to provide ideas to fund wage increases after negotiations with Eskom deadlocked.
Founder of Herenya Capital Advisors, Petri Redelinghuys, explains how the embattled Steinhoff managed to double its share price in 5 days
The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.
The UK’s Food Standards Agency issued an advisory, claiming that Rolkem failed to confirm that their ingredients were safe to eat.
The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.