The JSE’s Quest For Diversity
The clamour to have black South Africans play a greater role in the economic sphere is as loud as ever. Sandile Luthuli takes an in-depth look at economic redress.
Image: Johannesburg Stock ExchangeImage: Johannesburg Stock Exchange
The empowerment of all South African citizens, particularly black South Africans who emerged from a past of political subjugation and economic exclusion, has always been a rallying cry of the democratic South African government.
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The JSE agrees that 10% black representation among the top 100 companies is woeful. Zeona Jacobs, Marketing and Corporate Affairs Director at the JSE, says: “The JSE believes that the 10 per cent statistic is low considering the country’s demographics. The aim should be to grow the percentage.”
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