Corion’s Bacher on market’s ‘’Red October’, BHI, FFM and what’s next

Loading player...
For South African investors, October was a month many would prefer never happened. Apart from the collapse of the R3bn BHI Trust Ponzi scheme, the only places to hide in legitimate markets were Bitcoin, Gold and Bonds. In our regular catch-up with David Bacher, the author of the Corion Report shares his insights into the reasons for what he had dubbed ‘Red October’. He spoke to Alec Hogg, editor of BizNews.
3 Nov 2023 8AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min