<strong><em>Johannesburg, 25 March 2020</em></strong>


Published 26 Mar 2020
Posted by JSE Admin

Johannesburg, 25 March 2020: The Johannesburg Stock Exchange (JSE) plays a key role in maintaining the South African capital markets infrastructure. As the country prepares for a national lockdown at midnight on Thursday 26 March due to the COVID-19 pandemic, the JSE crisis management plans remain aligned with the government’s directive.

The Government has identified the JSE and its market as an essential service required to enable smooth functioning of the markets during the 21-day lockdown period. The services that have been identified as necessary to maintain the functioning of the JSE are:

  • Authorised users of the JSE (including brokers, banks, including trading and clearing members)
  • Buy side (including asset managers, financial service providers, pension and hedge funds)
  • Central Securities Depository Participant (CSDP)
  • Central Securities Depository (Strate)
  • Central Bank Payment System (Samos)
  • Fund Administrators and Fund Services
  • Trading and Clearing Software Providers
  • Securities Lending Desks
  • Equity and Debt Sponsors and Designated Advisors
  • Entities that publish announcements for listed companies (e.g. INCE and Bastion)
  • Data Vendors
  • Essential JSE Vendors

In accordance with Government’s directive, all entities designated as essential services are required to identify key individuals in their organisations critical to maintaining efficient running of the continent’s largest stock exchange. Entities designated to be essential services are required to provide their critical employees with permits if these staff are unable to work remotely.

In order to support the objectives of the lockdown the JSE continues to ensure that a large majority of staff continue to work remotely. Only critical employees will work from the office as and when necessary. Permits will be obtained principally for critical staff that are essential to the fair and orderly operation of the JSE’s markets.

“Our main focus during this time is to ensure we partner and support government in their nationwide attempt to stop the spread of the COVID-19 pandemic across the country whilst ensuring that we enable the continuity of our markets by ensuring that we trade, clear and settle effectively,” says Leila Fourie, Group CEO of the JSE.



The Johannesburg Stock Exchange (JSE) has a well-established history operating as a market place for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 130 years.


JSE contacts:

Pheliswa Mayekiso

Media and Internal Communications Manager

Tel: 011 520 7495

Mobile: 084 486 0502

Email: [email protected]