No, Rob Hersov, you are wrong! - Marc Lubner

Loading player...
Billionaire Rob Hersov is under fire for lambasting business leaders and corporates whom he believes are appeasing the government. Leading the charge is Marc Lubner, the chairman of various notable corporate and humanitarian organisations. He says they are doing their “damnedest to bring about positive change while working with the powers that be”. While Hersov has reserved “a special place in hell” for business leaders who “are not standing up and speaking truth to power”, Lubner says corporates and individuals targeted by Hersov have the option of either allowing the country to collapse beyond the point of no return or to act as positively as possible. He appeals for more positive interaction between the private sector, government and civil society, and gives examples of engagements that “should be exemplified rather than necessarily vilified”.
19 Mar 2024 12PM English South Africa Investing · Business News

Other recent episodes

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min

Parliament faces protest over lagging legislation for a provincial referendum

In this interview with Chris Steyn, Heindrich Wyngaard, the executive chairperson of Cape Forum, details plans for a protest outside the National Assembly next month over the long wait for appropriate legislation to enable a provincial referendum . “And we are also planning to be present at that Home Affairs…
23 Jul 9AM 18 min