Foreigners are getting rid of shares on the JSE

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Figures show that more than R450 billion has been withdrawn from the country since September 2013.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

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