Hersov's blunt verdict: SA has gone backwards since 2008. ANC has failed on every measure - BNIC#2

South African entrepreneur and outspoken capitalist activist Rob Hersov brought BizNews Investment Conference #2 in Hermanus to a fiery close with his trademark no-holds-barred critique of the ANC. Declaring that South Africa is “uninvestable under ANC rule”, Hersov warned that continued investment amounts to gambling with the future. He traced the country’s economic decline since 2008, citing failed governance, deindustrialisation, and a debt spiral. Yet, Hersov also outlined where he sees opportunity — gold, Bitcoin, AI ventures, tourism, and Western Cape property. Mixing hard economics with sharp rhetoric, he vowed to keep up pressure on the ANC “until the barbarians leave the gate,” while also calling for South Africa’s business and political elites to once again forge a path forward, as they did in the 1980s.This BizNews production is brought to you by Brenthurst Wealth. Building wealth and protecting legacies since 2004. Invest Better with Brenthurst: https://www.bwm.co.za/.Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.If you prefer WhatsApp for updates, sign up to the BizNews channel here..Watch here.Listen here

Hersov's blunt verdict: SA has gone backwards since 2008. ANC has failed on every measure - BNIC#2

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