Business leadership South Africa has dismissed claims by Viceroy Research that a damning report by Intellidex into short-selling in South Africa, was sponsored by a third party. Short selling is defined as the sale of an asset in the belief that the asset's price will decline. This enables it to be bought back at a lower price to make a profit. Viceroy has over the past year published negative reports on prominent South African companies, including Steinhoff and Capitec bank. BLSA CEO, Bonang Mohale says this is not an anti-short selling research project.