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
Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.)
Ian Mann discusses his new book “The Executive Update: The latest business ideas distilled into one practical guide”.
The Money Show’s Bruce Whitfield interviews labour analyst Mamokgethi Molopyane.
These three shares are the best investments on the JSE right now, says Cannon Asset Managers Portfolio Manager Samantha Steyn.
Vive la France! Markets - and the rand - are cheering the results from the first round of France’s presidential elections.
The Money Show’s Bruce Whitfield interviews political analyst Nic Borain.
BirdLife South Africa will host over 2000 birders for this year's Flock at Sea cruise.
Naked scientist Chris Smith explains brain activity associated with dreaming, as well as why you are likely to talk in your sleep.
The husband of missing Charlotte Nikoi has pleaded with public to come forward with any information regarding her whereabouts.
Take a look at the 6 six proposals that have been received by the City for the Foreshore freeway precinct.
The Money Show’s Bruce Whitfield interviews Standard Bank Chief Economist Goolam Ballim.
Captain Inger Klein Thorhauge is the first female ship captain to work for Cunard and shares her experiences with Pippa Hudson.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.