'I don't want a 50/50 scenario, anarchy odds are ominous' - Magnus Heystek

Loading player...
Brenthurst Wealth Management founder Magnus Heystek doesn't mince his words on a good day, let alone on another day of suffering for South Africa. Magnus has been advising diversification and offshore investment for more than a decade with many local fund manager's in disagreement despite his investment thesis proving correct. This time of crisis is of serious concern and offshore diversification has never been a more prudent strategy with many of the world's largest banks downgrading the Rand over the course of the week. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Jul 2021 12PM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min