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].

Published 29 Aug 2018
Posted by Anonymous (not verified)

Posted by Bloomberg on 26 June 2014

By Felix Njini
Namibia plans to tap interest generated by its debut Eurobond almost three years ago when it sells debt in the South African market late this year or early in 2015 to help finance the country's budget deficit. The government will use the Johannesburg stock exchange's listed bond program, Finance Minister Saara Kuugongelwa-Amadhila said in an interview yesterday in the capital, Windhoek. The size of the bond depends on Namibia's "cash flow requirements" and market conditions, she said.

Namibia, the world's biggest offshore diamond miner and fifth-largest uranium producer, projects its deficit to narrow to 5.4 percent of gross domestic product in the year through March, from 6.4 percent in the previous 12 months. The government will build on interest shown in its October 2011 $500 million Eurobond, the minister said. That bond was more than five times oversubscribed, the southwest African nation's central bank said at the time.

Continue reading here: http://www.bloomberg.com/news/2014-06-26/namibia-to-sell-bond-in-south-african-market-to-fund-budget-gap.html