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
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
A simple savings plan for people who don’t like to budget. Bruce Whitfield interviews personal finance guru Warren Ingram.
The South African billionaire has responded to reports placing him at the centre of an alleged tax evasion scheme.
President Ramaphosa is invoking his inner Mandela for political ends, says Political Economy Analyst Daniel Silke.
He's been implicated in an elaborate tax-dodging scheme, says amaBhungane’s Craig McKune.
‘It took approximately 4 – 5 months because I had to make some stops on the way for repairs.' - Julia Albu, the African Conquest
Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)
Journalists Sikhonathi Mantshantsha and Kyle Cowan discuss just how the Guptas and their associates helped capture Eskom.
Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".
Join Joburgers from all walks of life come together peacefully, united in their diversity for a fun family day out.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
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?