Magnus Heystek: Rand at R18.40 to $ may still prove bargain for offshore investors - think Blackouts; De Ruyter; ANC; Despondency; Capital Flight; etc..

Loading player...
In this wide-ranging interview with Brenthurst Wealth founder Magnus Heystek, he shares some history that shaped his forthright approach - and explains why the near record Rand weakness of R18:50 to the US Dollar may be far from the end. Heystek takes a closer look at some of shocking news items for SA investors that have emerged recently and concludes that this supports his long-term bearish view of South Africa. Heystek will be elaborating on his perspectives at BNC#5 next week. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Feb 2023 6AM English South Africa Investing · Business News

Other recent episodes

Ian Cameron: 1.8 million citizens abandoned on “stone-age lines of hope”

In his latest interview with Chris Steyn, Ian Cameron, Chair of Parliament's Portfolio Committee on Police, reveals the answer he received from Acting Police Minister Firoz Cachalia on the number of abandoned 10111 calls: almost 1.8 million during the 2025-26 financial year. “That's about 5,000 calls per day. I mean…
11 Nov 4AM 19 min