Covid-19: JSE launches #Trade4Solidarity to help fund the fight against Covid-19

#Trade4Solidarity campaign hopes market participants to join the JSE by contributing a portion or percentage of their trading revenues to the solidarity fund.

The Johannesburg Stock Exchange (JSE) has a brand-new campaign #Trade4Solidarity to the solidarity fund, by encouraging market participants to join the JSE by contributing a portion or percentage of their trading revenues to the fund.

The solidarity fund is a way to fund impactful initiatives that will assist the national health response contributions to the humanitarian efforts to the fight against Covid-19. The solidarity fund was started by President Cyril Ramaphosa on 23 March as a way to unite the country to fight Covid-19.

The fund also aims to mobilise South Africans to flatten the curve and slow the spread of Covid-19.

JSE Group CEO Leila Fourie explained why they started #Trade4Solidarity campaign, “JSE staff and executive team had felt that this was a very tangible way in which they could answer the president’s call to #PlayYourPart. How we respond to this pandemic has been our greatest Thuma Mina moment, not just for us, but for the country.”

Chairperson of the Solidary Fund, Gloria Serobe and Leila Fourie will host the JSE’s first virtual market open, the market begins to #Trade4Solidarity on 15 April.

The event will be a live video feed and be broadcast on all the JSE’s social media platforms on Twitter: @JSE_Group, LinkedIn: JSE and Facebook: The JSE Group

Fourie added, “We all have to do our bit, we have to support each other so that we can ensure that job losses are kept to a minimum – and that salaries are paid at the end of the month.”

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