NICKY NEW­TON-KING

South Africa CEO, Johannesburg Stock Ex­change

The Africa Report - - BUSINESSS -

The CEO of the con­ti­nent’s big­gest stock mar­ket is busy de­fend­ing her in­sti­tu­tion af­ter re­cent fi­nan­cial scan­dals, in­clud­ing the melt­down of Stein­hoff. With that and

high-pro­file cor­rup­tion cases, she says her fo­cus is on win­ning peo­ple’s trust. In a re­cent op-ed she lamented: “We have be­come too scep­ti­cal of those in po­si­tions of author­ity […] to trust that any­one would act other than for their nar­row self-in­ter­est.” She hopes that a turn­around in South Africa’s econ­omy will soon lead to a slate of new list­ings.

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