'If Madiba were alive today, he would vote DA' - Rob Hersov

Loading player...
Very few people ascend to that point in life where their independence affords them unqualified freedom to speak their minds without fear of retribution or ramification. Billionaire Rob Hersov, by all accounts, is one such individual. After three decades abroad - during which he worked under the direct tutelage of media mogul Rupert Murdoch and luxury goods baron Johann Rupert - Hersov made the decision to move back to South Africa. While Hersov admits that this decision was ‘insane’, he maintains that those who leave South Africa, cut the link and then proceed to badmouth the country do so because ‘that's the only way they can justify leaving this incredible country, they miss it.’ Rob Hersov was one of the speakers at the second BizNews Investment Conference which was held in the Drakensberg earlier this month. In his presentation to the delegates, he outlined the reasons for his return to South Africa, painted a picture of the political landscape to which he returned, and explained why he believes that South Africa is ‘absolutely uninvestable’. With the degree of candor only available to very few, Hersov stated; ‘Black empowerment is theft. Expropriation without compensation is theft. Why would anyone invest in this country with those things hanging over our heads? I mean, it's uninvestable.’ Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Sep 2021 4PM English South Africa Investing · Business News

Other recent episodes

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min

Tony Leon lobbying scandal and the DA civil war with Solly Moeng

In his latest chat with Chris Steyn, political commentator Solly Moeng dissects the widening scandal around Tony Leon's lobbying amid former Democratic Alliance (DA) leader John Steenhuisen’s mission of vengeance and the damaging fall-out for the party. “...what is very clear is that the DA is no longer just walking…
15 Jul 11AM 17 min