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 interviews Alexander Forbes Investments Executive Chief Economist Lesiba Mothata.
Bruce Whitfield interviews Daniel Rubenstein, Co-Founder at MyTreasury – a tool that finds the best interest rate for you.
The Money Show’s Bruce Whitfield interviews Pattison about his attitude to money (hopes and fears, successes and failures, etc.)
The Money Show’s Bruce Whitfield interviews Raiz Corp CEO Allon Raiz who reviews “The E-Myth Revisited” by Michael E. Gerber.
The Money Show’s Bruce Whitfield interviews Vestact Asset Management Portfolio Manager Michael Treherne.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.
Favourites to feed your soul on Sunday.
Mashaba is also on a mission to identify owners of buildings in the city centre that he says are harbouring criminals.
ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?