Financial Markets Control Act, 1989 (Act No. 55 of 1989)

No person shall make a statement or disseminate information which he knows, or ought reasonably to know, to be false or misleading and to be likely —

(a)        to induce other persons to deal in financial instruments on a financial market; or

(b)        to have the effect of inflating, depressing or maintaining the price for dealing in financial instruments on a financial market.