JSE plans to cut costs, jobs as economy knocks earnings

PUBLISHED: Thu, 03 Aug 2017 15:45:16 GMT

The Johannesburg Stock Exchange is feeling the wrath of South Africa’s slow economic growth and recent rating downgrades. The stock exchange has already announced plans to cuts costs and sixty jobs in order to save about R170 million.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.