The Editor’s Desk: Here’s what Alec Hogg has to say to SA bears
The South African bears have been right for nearly ten years. Those who bet on SA Inc when Jacob Zuma took the presidency would be feeling the bite with nothing much to show for the last decade. But, as investment labels constantly warn us, past performance does not guarantee future results. After all, anyone watching China for most of the 20th century would be forgiven for writing the Middle Kingdom off as a basket case. But those who bet on China's future have been richly rewarded. South Africa is not China, of course, but that's not to say that there isn't a bright future ahead for the country. In this week's episode, Alec Hogg and I discuss Alec's interview with Magnus Heystek, who has long held a bearish view on the SA outlook. While there's no doubt that Heystek's perspective is a reasonable one – especially given his job managing other people's money – there is nevertheless a bullish response to the bear case. It takes all sorts to make a market, after all, and in this episode, Alec explains why he's betting on a positive future. – Felicity Duncan
Hello, and welcome to this week's episode of The Editor's Desk here on Biznews Radio. I'm Felicity Duncan and with me, is Alec Hogg. Now Alec, it's been a big week for Biznews and I wanted to just catch up with you because you have been running around doing a lot this week. You 'premiered' a new live radio show and you've also created a very exciting new group that the Biznews community can access and join. Do you want to tell us just a little bit about what you've been up to?
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