Main content

Trading surges at the Johannesburg Stock Exchange despite lockdown

Africa's biggest financial market was ready for staff and traders working remotely, because it had tested its system before the Covid 19 restrictions were imposed by the government.

Foreign investors took the exit door, but a requirement for local fund managers to keep a portion of their holdings in South African assets kept the market busy.

Leila Fourie, the Chief Executive of the Johannesburg Stock Exchange, tells the Βι¶ΉΤΌΕΔ's Russell foreign investors will take a positive view of South Africa, because they can get a better return there, than Europe or the US.

(Picture: Johannesburg Stock Exchange. Copyright Reuters.)

Release date:

Duration:

4 minutes