Foreigners are getting rid of shares on the JSE

Die Vryburger

0
Foreigners are getting rid of shares on the JSE. Photo: Die Vryburger
Foreigners are getting rid of shares on the JSE. Photo: Die Vryburger

According to Dwaine van Vuuren, a financial analyst, foreigners are getting rid of shares on the Johannesburg Stock Exchange and on government bonds on a large scale.

Figures show that more than R450 billion has been withdrawn from the country since September 2013.

Even after Ramaphosa’s takeover as ruler, a sharp outflow occurred while the ANC government announced it full of bravado that money was flowing to the country.

A political analyst from Pretoria says it seems as if another lie has reached voters shortly before the election.

Photo: Dwaine van Vuuren

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.