The JSE and the NEF have noted commentary in the media on the different perspectives regarding how to calculate black ownership of the JSE. The debate is welcomed. The NEF and the JSE wish to emphasise that the analysis is a complex process which involves factoring in a range of issues.
The two institutions will meet in due course to discuss our approaches and agree on the way forward.
However, both the NEF and the JSE agree that it is important for the future of this country to increase black economic participation.