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  • 1 year ago
Stephen Koseff: Nenegate's bright side - we now have cohesion. Hope springs.

Stephen Koseff: Nenegate's bright side - we now have cohesion. Hope springs.

Investec CEO Stephen Koseff doesn't do boring. The incredible global success of the company he helped create hasn't changed the demeanour of the lad from the East Rand. He grumbles about the Davos food. And misses his wife. But below the surface, there was a spring of optimism in his step when we chatted at the World Economic Forum annual meeting. Koseff, like fellow super entrepreneurs Brian Joffe of Bidvest, Discovery's Adrian Gore and Massmart founder Mark Lamberti (plus numerous others), stepped up to the plate after the Nenegate shock in December 2015. The result, he says, is that cohesion between business, government and labour has never been greater. Koseff's passion is education where his group is focusing its efforts and also supporting the broader strategy driven by former FirstRand CEO Sizwe Nxasana. When South Africans pull in the same direction, they are formidable. The Investec bossman believes it is starting to happen on the economic front. Hope springs. - Alec Hogg

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