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

Rob Hersov contends that the ANC’s ideological model has failed as it has run out of money.

Published on:

19 Mar 2025, 3:23 pm

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.

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