BPH: Magnus Heystek lets rip on the Reg 28; Melanie Veness wants retribution for PMB; Dark Media with Jeremy Maggs

Loading player...
In this episode of the BizNews Power Hour, independent financial advisor Magnus Heystek lets rip on the destructive Regulation 28 agreement between SA asset managers and Treasury, which forces South Africans to invest 70% of their retirement funds into local institutions. The law has cost SA retirees dearly as the local economy staggered under mismanagement, corruption and a socialist yoke - with global investments vastly outperforming their local alternatives. Also in this programme, PMB Chamber of Business CEO Melanie Veness sets the record straight for the revisionists trying to gloss over what happened in the epicentre of July's riots - and urges politicians to speak up and punish the perpetrators. Plus Jeremy Maggs talks to Y&R's Matthew van der Valk about the art of Dark Marketing. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Nov 2021 9AM English South Africa Investing · Business News

Other recent episodes

Joburg whistleblower: Looters should be charged with terrorism

In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
26 Oct 6AM 26 min

BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
26 Oct 7AM 31 min