This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Magnus Heystek: Foreigners aren’t yet buying SA recovery story, but locals are starting to

Loading player...

For the past dozen years, Brenthurst Wealth founder Magnus Heystek has (correctly) been consistently bearish on South African assets. In this interview with BizNews editor Alec Hogg he explains why things may be turning - explaining that the bullish mood among locals could spark global capital inflows.

25 Sep 2024 11AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Summerton Q&A: Winner-takes-all investing, stubborn boards, hostile bids, and the AI future

Rhys Summerton bought into a company that had lost 99.5% of its market value and told the independent directors their pay was being halved on day one. At BNC#9, the Milkwood Capital founder and iOCO joint CEO laid out how a fund manager turned operator actually runs the acquisition game:…

8 Sep 10AM 36 min

He worked for R1 a month to save a failing business. Now Carl Neethling will never list again

Carl Neethling didn't set out to run Ascendis Health. A small, almost accidental shareholding tripped a JSE disclosure threshold, and not long after that he was locked out of his own email on the day he took the company over. What he found inside: nineteen accountants who, in his words,…

8 Sep 10AM 1 hr 03 min

BNC#9 | Meryl Pick Q&A: Gold, Bitcoin, the Dollar - and where central banks are hedging their bets

Old Mutual almost closed its gold fund in 2019. A ballot most clients ignore drew a 13% response, and that was enough to keep it alive. Six years later it has gone from R400 million to R4 billion, and the fund's manager, Meryl Pick, was at BNC#9 taking questions on…

8 Sep 7AM 33 min

Cameron’s message for Cachalia: I will not stop asking questions

In his latest interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, has a very direct message for Acting Police Minister Firoz Cachalia who - at the SAPS National Commemoration Day for fallen heroes - introduced him to the Free State MEC as “Chairperson Cameron,…

8 Sep 6AM 21 min

BN Daybreak: Swimming SA scandal, women voters keep ANC ticking, how long to fix SAPS

Ten years after Brett Redelinghuys was banned for trying to expose problems from the inside, World Aquatics has provisionally suspended Swimming SA's president and CEO over abuse of power allegations, vindicating his years-long fight. Elsewhere, IRR pollster Hermann Pretorius tells Chris Steyn why South African women, not men, are the…

7 Sep 11PM 15 min

All episodes