The Johannesburg Stock Exchange (JSE) is investigating a series of suspicious trades that took place just before President Jacob Zuma ordered then finance minister Pravin Gordhan to return home from London.
This led to the value of the rand and bank shares to plummet.
When you look at the trade volumes, you can see that on Thursday before the announcement happened on Monday, there was substantial increasing in volume happening. And then on Monday at about 8am when the markets opened there is also some very large trades taking place.— Stuart Theobald, Intellidex
The Money Show’s Bruce Whitfield interviewed Shaun Davies, Director of Market Regulation at JSE.
Listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Andy Rice knocks TUC biscuits for a tweet that seems to make fun of listeriosis.
The Money Show’s Bruce Whitfield interviews former Sars spokesperson Adrian Lackay.
The Money Show’s Bruce Whitfield interviews Norton Rose Fulbright Director in Litigation Lauren Fine.
Sleep is as vital for complex life as food, water and oxygen. Bruce Whitfield interviewed FAB Quotient's Joni Peddie.
The Money Show’s Bruce Whitfield interviews Vlismas about his attitude to money (hopes and fears, successes and failures, etc.)
Bruce Whitfield interviews Dragons' Den Judge Vusi Thembekwayo, author of “The Magna Carta of Exponentiality”.
Cricket writer Neil Manthorp, says there are alleged discrepancies between the report from match referee, Jeff Crowe
AfriForum CEO Kallie Kriel says they cannot sit back while government does to this country exactly what happened in Zim.
A caller shares her frustration at the response by white people of the news that Stephen Grootes is leaving 702.
Analyst explain how expropriation of land works in the South African landscape.
Experts are at odds as to whether the orgasmic pleasure point really exists.
Immigration lawyer Gary Eisenberg explains the new rules for South Africans applying for a Schengen visa
Shabir Shaik refutes media reports that he has been subpoenaed to testify against former president Jacob Zuma.
The former principal of the school in Pinelands in Cape Town allegedly used the money for a holiday and golf membership.
Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".
Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.