BNC#7: Rob Hersov - SA must win the ideological battle, reject ANC socialism and embrace capitalism

Loading player...
Global entrepreneur and capitalist activist Rob Hersov delivered a striking keynote at BNC#7 in Hermanus, declaring that the ANC’s ideological model has failed as it has run out of money. He emphasised that South Africa is at a turning point and called for an ideological battle against socialism, advocating for free markets, deregulation, and economic growth. Hersov urged civic action, media engagement, and strategic financial backing to drive change, stressing that ordinary South Africans must take charge of the country’s future.

In his Q&A session with BizNews founder Alec Hogg, Hersov doubled down on his critique of the ANC while shifting focus to solutions. He emphasised the need to fight an ideological battle rather than just criticising political failures. Topics ranged from economic growth and media influence to mobilising capital from overseas South Africans. Hersov called for strategic funding of civil society and political movements, urging unity in promoting free markets. The session also tackled misconceptions about BEE, the role of "useful idiots," and the importance of shifting mindsets to drive real change.
19 Mar 10AM English South Africa Investing · Business News

Other recent episodes

Payroll tech company Allwage tackles wage pain points: Ghost workers, fraud – loan sharks next

In South Africa, countless businesses still rely on outdated systems—like paper timesheets and manual tracking—for wage management. Yet millions of workers carry smartphones in their pockets, unlocking a prime opportunity for innovation. Enter Allwage: harnessing mobile tech to streamline payroll, boost accountability, and revolutionise wage-earner oversight. Co-founder Cilliers Geldenhuys explains…
12 Dec 6AM 14 min

Director’s Cut: Piet Viljoen - Why Mr Price’s R10bn Germany gamble could blow up

Value investor Piet Viljoen breaks down Mr Price’s German gamble, Spar’s costly EU exit, Famous Brands’ offshore stumble, and why HCI’s buybacks make far more sense than chasing “expensive fairy tales” abroad. From Eskom’s industrial rescue talks to Transnet’s slow turnaround and the ANC’s political bluster, Viljoen gives Alec Hogg…
10 Dec 9PM 29 min