Magnus Heystek on Mauritius and contradictory data coming out of the local bond market

Brenthurst Wealth founder Magnus Heystek comes to us from Mauritius, a destination he believes provides an opportunity from an investment perspective. Much like South Africa, Mauritius is dependent on tourism and, as a result, the economy has suffered during the coronavirus pandemic. However, Heystek paints a picture of an economic revival, with the island slowly coming out of the pandemic stronger. Heystek also touches on the contradictory statements of JSE CEO Leila Fourie, who told the investment community about the data coming out of the bond market. Heystek believes this is of serious concern because of its importance as an investment indicator.