Heystek says his offshore money won't return to South Africa

Heystek says his offshore money won't return to South Africa

Magnus Heystek, co-founder and investment strategist at Brenthurst Wealth, says he will not bring a single cent of his offshore investments back to South Africa, despite a recent rally in local markets. Speaking at the 2026 BizNews Conference in Hermanus, Heystek doubled down on a long-held strategy that prioritizes global diversification over domestic exposure. He argued that South Africa's structural challenges still outweigh short-term market…