Magnus Heystek: How to take your finances off-the-grid & out of reach of the SA’s failing State

Loading player...
It is “quite possible" to “State-proof or make your investments ANC-proof so that the policy decisions and the misgovernance of the country have the lowest possible impact on your investments. That is according to Brenthurst Wealth Director Magnus Heystek who shares some of his top tips with BizNews viewers. He also describes how one can put “further distance” between your assets and the ANC government, “which may or may not do funny stuff in the future with taxes and inheritance taxes, et cetera”. He gives the assurance that one does not have to be “extremely rich” to do so as even normal salaried people can build a portfolio with small amounts of money to invest where the “misgovernance and misrule of the state has the lowest impact on their returns in the long-term. - Chris Steyn
2 Oct 2023 10AM English South Africa Investing · Business News

Other recent episodes

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min

Fighting to save South Africa’s moral compass: Unashamedly Ethical's Gary Power

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and…
14 May 6AM 28 min