Top 8 White Billionaires & Foreign Investors Own 50% of JSE
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Top 8 White Billionaires & Foreign Investors Own 50% of JSE
You heard me right - the top 8 white billionaires in South Africa own 14% of the JSE, while foreign investment sits at 40%. The top 40 firms in South Africa account for 80-90% of total JSE value. The ANC's goal of "transforming" the white representation of the JSE means they'll need to take on international companies. The ANC have also allowed ...
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