JSE pauses trading for 5 minutes to honour Mandela

Friday, December 6, 2013

Pretoria - At 11am this morning, the Johannesburg Stock Exchange (JSE) paused trade to mark the passing of former President Nelson Mandela.

In a statement, the JSE said it was saddened by Mandela’s passing and that the pausing of all JSE markets trading was a sign of “deep respect” for Mandela.

President Jacob Zuma announced Madiba’s passing in a televised address on Thursday night.

Mandela spent almost three months in hospital this year after being admitted to the Medi-Clinic Heart Hospital in June with a recurring lung infection.

He was discharged in September and was receiving home-based medical care.

Zuma has ordered that all flags of the country fly at half-mast and remain that way until after the burial ceremony. - SAnews.gov.za