Magnus Heystek: We got lucky! Commodities run saved us from tax pain - but SA is still in deep trouble. #Budget2021

SA’s trillion dollar debt question: R3.9 trillion - projected to go up to R5 trillion - is a massive jump and a big gamble that the SA economy will pick in a few years, says Magnus Heystek. The Brenthurst Wealth Management founder said, after reading through the details, in sum this is not a bad budget. Conspicuous in its absence was an announcement on the relaxation of exchange control regulations to facilitate offshore diversification through funds. Heystek shares some thoughts on how the budget plays into asset allocation decisions. * This podcast is made just for you by BrightRock, the first-ever needs matched life insurance that changes as your life changes. #Budget2021 Learn more about your ad choices. Visit megaphone.fm/adchoices