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‘A part of SA is dying and needs to be refocused’

[Watch] Stephen Koseff on South Africa’s challenges and Investec’s future.

JOHANNESBURG – Moneyweb talks to Group CEO of Investec, Stephen Koseff about what the latest leadership changes mean for his role; his views on Investec’s ability to grow its client base in these tough economic times; whether Investec would ever sell one of its businesses to an external buyer or internal management team; and what his plans for the December holidays are.

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There are two sides to Stephen Koseff, Moneyweb owes its audience more than 100% of one side only.

I can’t agree more Barry, I also challenge Moneyweb to report on Investec’s shenanigans whereby they made millions out of the proceeds of crime !

I challenge the editor of Moneyweb to show some @alls here!

I wonder how he feels about stealing people’s pensions.

My View on Information already out in the public domain:

Please ask Investec to come out in the open and explain this deal:

Proposal to “‘Amend hedge over Randgold Resources shares: ( around August 2004)

Resources ADRs . JCI has entered into Equity options with Investec Ldn ( Five European style Puts and 5 European style Calls)

Old Structure: JCI has lent to Investec Bank Ldn – 5,418,148 Randgold Resources shares.

This was done with stolen shares! Investec knew JCI inside out and must have known that these were stolen shares. They added insult to injury by
further profiting by their modes operandi when they sold these shares to feather their nest!

This is rich coming from Mr Koseff..

As all the comments have already noted – this guy [ like most bankers etc ] is as guilty of shenanigans as our govt.

One only has to read all the Noseweek’s with their investigative articles on Investec and their looooooong history of dodgy dealings.

But, as other commentators here have noted , only Noseweek has the @alls to publish.

Yarwell no fine, please don’t post my last post on Investec….maybe you cannot survive without the advertising money that Banks pay you.

In my view , you are very quick to report on any negative government or semi-government problems but you are ”soft on private sector ” fraud!

End of comments.

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