NHI law drives health workers and retirees to consider immigration - Andrew Rissik, Sable International

Loading player...
President Cyril Ramaphosa enacted the NHI law during the election campaign, representing the biggest shake-up in South Africa’s healthcare system since the dawn of democracy. Critics have warned that the scheme is hugely expensive and could fuel corruption, with opposition parties describing it as a "death warrant" for healthcare in South Africa. Group International Director of Sable International, Andrew Rissik, told Biznews in an interview that the policy has raised concerns among healthcare workers and those considering retirement, leading many to explore international options for alternative healthcare systems. He noted that South African private healthcare is relatively expensive compared to that of countries like Portugal and Malta, where supplemented private insurance is more affordable. Rissik also discusses the turbulent years of the investment migration industry, with several European countries clamping down on golden visas, but says there are still options for those looking for a plan B, including the US EB-5 visa, "which is still going strong," and countries like Portugal and Greece, which offer "attractive residency and retirement visas." - Linda van Tilburg
28 May 2024 8AM English South Africa Investing · Business News

Other recent episodes

SA rugby's ticket strategy prices Bok fans out of stadiums

Springbok ticket prices have soared, suites have been taken over under “clean stadium” rules, and loyal supporters are being squeezed out. BizNews Rugby's boots-on-the-ground reporter, Rory Steyn, speaks to representatives from legendary Joburg rugby clubs and bitter rivals Pirates and Wanderers, as well as chartered accountant and former Sun International…
11 Jul 10AM 30 min

Siviwe Gwarube: The truth about SA education

Siviwe Gwarube says South Africa's education system needs long-term reform, not quick political wins. The Basic Education Minister discusses her first two years in office, tackling textbook procurement concerns, eliminating unsafe pit toilets identified in 2018, strengthening early childhood development, and navigating provincial delivery challenges. She argues the real measure…
9 Jul 10AM 26 min

Jasmine Opperman: Ex-SAAF General jailed in the US as an SA agent…

A former brigadier general in the South African Air Force (SAAF) has been jailed in the United States after she pleaded guilty to one count of acting as an agent of South Africa and one of making a false statement in her security clearance application. In this interview with Chris…
9 Jul 9AM 18 min

BizNews Edge: Siviwe Gwarube on the DA's 2029 make-or-break moment

DA insider and Basic Education Minister Siviwe Gwarube responds to claims that DA ministers haven't delivered, days after John Steenhuisen's bombshell interview shook the party. She explains why the DA's current turmoil could actually be its best opportunity yet, and why she says 2029 is now the party's election to…
9 Jul 8AM 28 min