Would you invest in South Africa? IF you were rich?

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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.
And he has investments in South Africa. And passionate about SA.

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.’

Shared with grateful thanks and very best wishes,

Chris Wilkinson – T/a African Nursery Supplies – My Front Page

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