Disruptive OUTvest - at R100pm, top quality savings plans are now available to all

Loading player...
When the now hugely successful business called Outsurance opened shop in 1998, those running South Africa’s short-term insurers lost little sleep. Slowly but surely, however, the disruptor ate away at the establishment and is today one of the country’s Big Three alongside Santam and Mutual & Federal – with a flourishing business called Youi in Australia.

The group is now branching out into savings and investments, using algorithms, technology and ETFs to slash costs and open up opportunities for the general population. With its investment plans starting at a modest R100 monthly, the new OUTvest is reaching into a sector that had little option outside low yielding savings accounts. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Jun 2018 8AM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba on Johannesburg's bankruptcy and his Mayoral comeback

ActionSA president Herman Mashaba reveals what Johannesburg's current mayor told him in a private phone call about why the city can't pay its bills. He also breaks down the Cape Town mayoral race, the anti-immigrant protests spreading across South Africa, and why he won't speak to Helen Zille directly. With…
6 Jul 6AM 24 min

BizNews Edge: Chery's new Rosslyn plant and the R40bn car subsidy bill

Chery just took over Nissan's old Eastern Cape plant, plugging straight into a subsidy scheme that costs South Africans over R40 billion a year, split between just seven manufacturers. Trade expert Donald MacKay tells Alec Hogg why this isn't a normal acquisition, and how the deal appears to sidestep a…
6 Jul 7AM 28 min

BN Daybreak: NATO Summit tension; AI stocks slump; Zuma’s Gupta meeting

Kyiv faces fresh Russian missile strikes ahead of the NATO summit in Turkey, while tensions linger following the death of Iran's Supreme Leader. Meanwhile, OPEC+ quotas drop oil prices, Alibaba blocks a US blacklist order, and investors fret over an AI chip stock pullback. Locally, Jacob Zuma's Gupta meeting and…
5 Jul 11PM 16 min