The CEO of Africa’s biggest stock exchange, Nicky Newton-King, is retiring after eight years at the helm, at a time when foreign investors are ditching SA stocks in droves. 

The JSE, which on Tuesday announced Newton-King was leaving, also reported that its interim net profit after tax tanked 29% to R398m. Headline earnings were also down 29%. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now