Following EFF march JSE highlights the need to do more
JOBURG – Following a march by thousands of Economic Freedom Fighters to Sandton on 27 October to hand over a memorandum calling for transformation and inclusion at the Johannesburg Stock Exchange (JSE), the chief executive officer of the JSE addressed some of the issues highlighted by the party.
CEO Nicky Newton-King spoke to reporters following her acceptance of the memorandum, explaining that the party’s demands spoke to the lack of speed in addressing serious issues in the economy.
She added that, while the exchange was yet to study the memo, there would be much engagement on issues included in, and beyond, the memorandum handed over.
“We will have a look at the demands, but we obviously can’t address all of them as some do not necessarily refer to the JSE,” she said.
Newton-King added that there had been much engagement with regards to economic inclusion and that it was important to recognise some of the positive steps taken by corporate South Africa. She cited education as an example, saying that much work had been done over the years by companies on the JSE to make improvements within the sector.
“While there is much progress, more can be done as a country because quality education is a critical foundation of any economy,” she stressed.
Newton-King thanked the marchers for taking the trouble to come to the JSE and emphasised that their voice was heard.
“They have demonstrated the need to be heard and we have heard their plight and look forward to the engagement on the merits of the memo,” she concluded.
The EFF march began in Johannesburg at Mary Fitzgerald Square, where the Reserve Bank and Chamber of Mines received memorandums from the party and moved on to the JSE in Sandton later on in the day.
Also read ‘Nationalise Reserve Bank’ – EFF
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