It’s deeply embarrassing... We’re taking this extremely seriously...— Nicky Newton-King, JSE CEO
The Johannesburg Stock Exchange (JSE) has confirmed a technical malfunction that led to it incorrectly label foreigners as net buyers of South African equities.
The computer error caused it to indicate foreign investment into South Africa of over R98 billion in the three months to July.
However, foreigners actually sold R36.35 billion worth of South African assets.
The Money Show’s Bruce Whitfield interviewed JSE CEO Nicky Newton-King.
Scroll down for quotes from the audio below.
I’d be surprised if people relied on this single piece of information to make investment decisions...— Nicky Newton-King, JSE CEO
The Money Show’s Bruce Whitfield played a clip from his colleague Xolani Gwala, who interviewed the deputy minister.
The Money Show's Bruce Whitfield interviews NUM Head of Transformation Luthando Brukwe.
The recent closure of two illegal online marketplaces selling contraband has put the dark web back in the spotlight.
The Money Show’s Bruce Whitfield interviews Ratcliffe for his weekly “ShapeShifter” feature.
The Money Show’s Bruce Whitfield interviews Otto, a man who has learned a thing or five these last few weeks.
They’re called “slashers”, and they’re doing so for various reasons, explains Old Mutual Research Manager Lynette Nicholson.
Consulting forensic scientist David Klatzow gives a detailed break down of the sim swap scam where criminals are hijacking phones.
They've been concerns around the safety of rugby fans attending rugby matches at Newlands Stadium.
About 22 households out of 700 have been refusing to pay rent for 12 months at the Steenvilla social housing development.
Sumitra Nydoo (on The Money Show) interviews KFC franchisee Kuben Naidoo.
My Broadband's Jan Vermeulen explains that as fast as the service providers block the numbers, new ones crop up.