Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

List on the JSE’s Main Board if you have a well-established company and want to raise equity to grow your business exponentially. 

The Main Board is where you will find the JSE’s Top 40 stocks, as well as securities like exchange-traded funds (ETFs), exchange-traded notes (ETNs) and warrants.

Almost a fifth of the companies on the JSE’s Main Board are dual listed. If a company’s primary listing is on the JSE , the company is regulated by the JSE. If a company has a secondary listing on the JSE, the company is regulated by its primary listing destination.

Companies have secondary listings to enable them to raise capital in markets other than the market opened up by their primary listing.

To list on the JSE’s Main Board, a company must have a sponsor. All interaction with the JSE takes place through the company’s sponsor.

Any JSE-listed company also needs to appoint a JSE-approved auditor and legal advisors with experience in capital markets.

Routes to market

The JSE offers companies and products through various routes to market. These include fast tracking, special purpose acquisition companies (SPACs), exchange-traded products (ETPs), sponsored and unsponsored depository receipts, and the listing of new and existing broad-based black economic empowerment (BBBEE) share schemes on a registered exchange.