Rob Hersov unpacks DiData judgement and the abuse of BEE

[@charlottevisser2720]

Rob is always giving a plain explanation that everyone can understand. Keep him on the show

[@yolumi6592]

It's his show anyway

[@007madiba]

It was great meeting you this evening, Rob. It takes incredible courage to confront corporate corruption head-on, to call out names, and to hold powerful individuals accountable, no matter the risks. What you are doing is not just brave - it's inspiring. You are a true patriot, someone who deeply loves this country and is willing to fight for what's right. Respect!

[@FerderSBV]

What is he doing that is so wonderful by merely parroting what us already in the public domain. He has been quiet all these years with price fixing, collusion, currency manipulation etc. He is just doing damage control

[@georgeruthven1405]

Cancel BEE and Minimum wage and the economy will grow.

[@tracychoolan9812]

Cancel Minimum wage are you off your head,South Africans wouldn't be able to afford basics,the rich will get richer and the poor will suffer even more,working 3 jobs to pay a mortgage,that is crazy

[@voertsek8404]

I Deal with many Japanese customers here in Australia. OMG they are very honourable and Particular in business. They must be exceptionally disappointed that these culprits did them dirt . They have done the right thing by not letting them off the hook. Go to jail go directly to jail do not collect $200.00 .

[@juanitaleroux2621]

Moeletsi Mbeki already said in the early 2000s that BEE is not the correct concept and instead entreperneurship should be taught and neutured.

[@elainemidgley4795]

Neutered or nourished?

[@kateseverein7650]

You 2 gentlemen are so interesting, thanku

[@gtm886]

Corruption is just everywhere, phala phala, guptas, vbs, stainhoff, absa ,etc etc it’s just too tiring when the law it’s just the law without persecution…

[@merle-wq9ir]

The country's people are rotten to the core. There is nothing that isn't tainted. A country of thieves and criminals. Tragic.

[@mob5343]

u forget to mention zondo.

[@esthergreenwood4019]

They treated staff like rubbish. Karma is a bitch but she gets even. Hope they go to jail.

[@johnlighton7025]

Sertain? That's not a word. Not even close.

[@marcuskelly5768]

The wheel is round.... Very round 😮

[@esthergreenwood4019]

@johnlighton7025 pitty you can critisice but can't tell me what the rite spelling is. For someone like me, brought up in Afrikaans, I dont think Iam doing to badly. And C An s sounds the same anyway.

[@johnlighton7025]

Ok sorry man. I hope you have a good evening. All the best. ​@@esthergreenwood4019

[@rosalielockets9668]

@@esthergreenwood4019English is a difficult language to spell… unfortunately there’s always that one, who has to make an unhelpful comment.

[@attievanwyk3561]

I wonder when "someone" will have more than a tertiary glance at some of the dealings done by Multichoice senior executives and top management, particularly regarding international content televising rights (especially sports) and major international technology acquisitions.

[@nixm9093]

This!

[@SA_CrimeWatch]

Tip of an ice bag, corporate SA is doing worse

[@davidm8394]

Agreed

[@Brucejpw]

Power corrupts, whether in the public or the private sector. Here's to a decentralised future.

[@revenant2979]

Power , sex and money corrupts. But you and I will have to put ourselves in that position. Would we do the same?

[@sarahjones79]

BEE and AA must go

[@tinorossi5733]

THIVES

[@Mongusta]

is this after you benefitted from it, white privilege must go!

[@jeffsteyn7174]

No. U just don't want to deal with black people.

[@MC14-j8x]

I agree with Rob about the lawyers. How didn’t they know??

[@josebentontenvo1452]

When is greed enough?

[@MarkTrudgeonRulez]

When I lived in SA, DI-Data was one company I wanted to work for!!! Thank F I didn't now!

[@BrownChild-Watch]

I have never been against Capitalism, however, I made it clear that "GREED" in capitalistic behaviour is what makes capitalism destructive... Bad character practicing Capitalism, breeds results like this...

[@SpencerCourtis]

Capitalism works - extortion by capitalists is the evil. South Africa bye and large is an extortionists society governed by a ruthless extortionist ANC and it's associates.

[@charliepepper3039]

Greed happens irrespective of political persuasion. Capitalism has checks and balances to manage it however one party communist states steal with impunity. There is no perfect system.

[@richardgrant2077]

Why have a go at Capitalism? Human greed is right across the spectrum and perhaps worse amongst the far Left. Corruption is a human failing.

[@BrownChild-Watch]

@@richardgrant2077 Agree. The topic here is reflecting on capitalism... We are so used to exposing the left and other spectrums for such fraudulent activities, it's hard for capitalist to see them part of this evil called greed which are the motivation for the behaviour of capitalists with bad character and agendas...

[@LeonKotze70]

Greed is not a trait of any system, but of humans. There is just as much greed and corruption in socialist countries.

[@ERWINROODT]

When your mouth is full, stuff some more food in. Such a disgrace.

[@btfd4952]

Not surprised at all.. DD is like that neighbour you'd never lend anything to.

[@brettsmitsdorff9857]

Greed and fraud has no race, political affiliation or nationality.

[@robertdavidson6354]

Unlike murder

[@colinashby3775]

Greed doesn't know capitalism, communism, fascism, tribalism, socialism, etc etc. This sounds like a human problem.

[@theosokupa2861]

South’s Africans are corrupt as a society !

[@Spunky7227]

What a disgrace 😢

[@Ribastein]

Very very sad. I worked at DD and knew most of these gents. Most were good guys. Very Very rich...So shocking!

[@colinashby3775]

Gents.... Then!!

[@christodebeer3645]

We can be glad, in South Africa, for having a Guy, like Rob Hersov, keeping a Eye on things 👀👌

[@obySedgefieldgemofourgardenrou]

Let's hope this is just the beginning of more corrupt people to be brought to book, greedy lot, will they sit ....... 15yrs schedule 5

[@antone5462]

I have had many dealings with DD in the telecomms environment as a rival service provider . Their dealings has always been underhanded, unethical and plainly criminal. Have always thought of DD as a bunch of crooks , this just cemented the notion .

[@gakiemdavids4128]

Why do they call them protagonists? and refer to them as naughty?? They are fraudsters

[@SpencerCourtis]

Thank God, these peoples are going to be exposed in the New South Africa gathering momentum.

[@joecruiser]

Just maybe the keynote for their indiscretions and wrongdoings were set by the gold std official license to loot, called bbbbbeeee?

[@derdeolifant]

I get the impression that directors are accustomed to plundering as they direct - and not just in South Africa. Suddenly having to deal with shareholders that pay attention seems to be hard.

[@KhotsoMolefi]

Lol if people start to dig deeper into some of these companies then the JSE will become a shell

[@Ash_Hole-f7p]

100%. Some won't change

[@reggvonschyfer4763]

Gud day Mr Hersov! Im an ordinary citizen of this country an i enjoy listening to your interviews on BN, cause you call a spade a spade. My plea to you is is there any chance tht you an some of your frnds can back Gayton in his party an take this country from these ppl tht is seling out our beloved country to foreign countries like iran ect, cse the way things look now in this country i see no future for myslf an my fellow s.afrcns, wht is so hard for me is my grandson 13yrs told me grndpa i dont wnna stay in this country anymore cse thres lots of shooting an killing whre he stay, an i told him i cnt do anythng cse our gov is not doing anythng abt it, an it mkes me worry wht am i gnna do if my grndson end up dead 1 day, i will never fogve myslf fo not doing anythng to wht he told me, i told his mum an dad an askd them not to buy anythng from spaza shop whtsoever, an they musnt let him buy too, it breaks my heart to see wht our president is doing to our nation an i hope madiba rest in peace cause they trample on wht his vision was for our nation, 😩😩😩 i hope you see my msg an give it a serious thought, i thank you sir may God bless you for all yo blessing to s.afrcns🙏🙏🙏💚💚💚💚💚💚

[@robhersov2486]

I am absolutely a backer of Gayton!

[@reggvonschyfer4763]

@robhersov2486 God bless you Mr Hersov may you go from strength to strength in what you do in life an with Mr McKenzie an s.african citizens, 🙏🙏🙏🇿🇦🇿🇦🇿🇦💪💪💪💥💥💥💚💚💚💚💚💚💚💚💚

[@robhersov2486]

@@reggvonschyfer4763 Thank yuo Reggie

[@Mongusta]

Rob and Gayton, 😀, already laughing!! Rob has already offered him money to be in politics, gangsters of note if you ask me 😀

[@HANNESJANSEN-el3fw]

IT IS PEOPLE SUCH AS Gaynor that might hold the candle for a bright future --- ANYTHING but the ANC !!!!

[@patmartens4751]

Are there any honest people in business and how can you trust anyone anymore. We are living in very sad ,disappointing, disillusioning times. I am very old and remember when we said a man’s word is his honor.😰

[@obySedgefieldgemofourgardenrou]

Jooste could have been stopped in 2010, good men being paid sat back

[@SpencerCourtis]

good men?

[@obySedgefieldgemofourgardenrou]

@SpencerCourtis mostly family and church going men, weak white scared men, fearing to lose what they have, line towing sheep.

[@5801160052086]

So are these 6 delinquent directors going to he declared delinquent and banned from being directors, or are they goingto prison ???

[@LeeRamsunder]

GREAT QUESTION..DRASTIC ACTION IS THE ONLY ANSWER. SET EXAMPLES.

[@glenessgreenfield5053]

Greed ,how sad and stupid

[@fortheloveoftravel758]

Siyabonga Rob! 👏 Refreshing to not hearing Ramaphosa hate spewing from you. Sadly I can bet you 90% of SA corporate are corrupt while fingers are pointing 👉 at the GOVT

[@SpencerCourtis]

Government is inclusive of the overall pointing at.

[@martinbrandt3907]

Even if you're right - nobody in the government gets charged. Zondo report, evidence on the R50B uprising, VBS, arms deal, SOE corruption, Phala-Phala gate - Trillions. Which dirty politician is sitting in jail?

[@theosokupa2861]

Yup it takes 2 to tango…..in most cases ,it’s just that pvt sector is more sofisticated carrying out its corruption !!!!

[@martinbrandt3907]

Unless you're a shareholder of Steinhoff or DD or any SA corporate, it doesn't impact you. However, having taxes looted from South African citizens impacts everyone. Taxpayers are entitled to point finger at GOVT self-enrichers at their expense. Taxes aren't contributed to benefit a few corrupt elitists, it's there to benefit the country as a whole.

[@rosalindcameron-dow9332]

Government has created a cesspool

[@guidobrits6593]

Just because a company in a capitalist environment errs, you cannot say capitalism is bad. Just as you cannot judge Christianity it's followers. In the same way you cannot judge capitalism by it's followers.😮

[@sarahhudleston832]

So interesting. A leopard does not change its spots!!!!!

[@franks4103]

Capitalism is not at fault, …. people are!!

[@joelfriedman8091]

Frightening people who are worth billions attempting to get richer cannot believe this .

[@andilegitywa3579]

Interesting, this matter is not allover the Prime News....

[@mark_sugar42]

Does anyone have a link to the judgement? Thanks.

[@powerq21]

www1.saflii.org/za/cases/ZAGPJHC/2024/1209.pdf

[@Jwst-e4e]

These accounting and Law firms are a disgrace. This being one instance, but cast your mind back to how complicit they all were in the myriad of findings by the State capture commission. Criminals the lot !!!

[@chrissmith8932]

. . . & I was forced to sell my shares . . .

[@skyla11]

My concern is the impact this will have on future FDI - the genuine ones of course, not the "rape S.A." ones.

[@gregkemp1389]

Gupta and Zuma walk around free. Come on, the hypocrisy is off the scale

[@Youthfire8123]

Bringing white business people to account is now called hypocrisy 😮

[@dannywimpey2879]

Irrelevant whataboutism

[@vleiratfilms2020]

Reality check.. thanks💫

[@probuildcreations330]

White South Africans often blame “Them” for unethical behavior. However, the same level of unethical behavior is often extant in those who claim others behave that way.

[@kathrynharmerfox1865]

There's never enough when pure greed is the motivation.

[@Forssman64]

I have to ask what was the point of King I, II, III and IV etc…as it would seem that the majority of captains of industry were either sleeping or mind dead when it came to ethics…Rules never apply to people with lack of ethics…how they manage to justify these actions to themselves, is mind blowing…

[@williamhyman]

Thank you..BEE aside, wow, as a Capitalist advocatiing for laissez-faire markets & no Government regulations...Government here as the protector of private property should look after our Japanese investors...

[@colleenstuart190]

“BEE makes people dishonest.” The statement of the day. What rubbish?…

[@SpencerCourtis]

the love of money makes people dishonest

[@TersiaHarmse-z7p]

BEE is dishonesty forced down everyone throats that ACTUALLY WANT to work

[@robertcameron-ellis6518]

Steinhoff wasn't that sophisticated. You just needed to understand retail and retail procurement. And not believe things that are too good to be true just because the CEO said so.

[@rayhetherington7989]

Beautiful work Great work 🙏🙏🙏

[@Yesterdie02]

BEE AND AA must go

[@Birdman953]

It originally cost R2B to build the Campus back in the day!

[@gavinjohn]

I wrote a crime novel called Killing Alexkor, it got onto the Zondo best seller list.

[@JussBlu]

18minute mark Alec is referring to Andile Ngcaba.

[@dianaedwards6113]

How about looking at the banks and their inflating the value of properties in order to charge a higher premium.

[@wozzco8111]

Same old story - Greed. So few humans can be successful quietly, keep their ego’s in check, and live a happy life not looking over their shoulders. They always want more, more, more… Learn from this people.

[@Forssman64]

Sad that in SA corruption is a culture and is everywhere whether in private or public sector. Maybe this will humble many to realize that greed will catch up with you and here…not after you die…

[@africangirllynnekerr6856]

Despicable criminals

[@jonassepetlele5894]

I want to open a case of fraud in free state province but nothing I can do I'm nothing nothing to say

[@mark_sugar42]

Capitalists steal money too. Just because you are this or that does not mean that you are immune to temptation. Ultimately is it a game of 1) can I do it / have an opportunity to do it , 2) will I be found out and 3) will I be punished

[@GT-zx2ru]

That is not true. There were 4 gents that started Dimension Data and Jeremy Ord was not one of them. He was an olivetti salesman and was employed into a sales position.. ask Wayne and Roger Reece. And Vernon Sievers. They were 3 of the original founders.

[@gregkemp1389]

Werner Sievers is his correct name.

[@HalinaLeonowicz]

Werksmans even for me, immediately from first engagement, realized what a joke...😬

[@johnwoudberg643]

I also had a bad experience with them

[@ronelhill6637]

Conflict of interest is well entrenched in our law. People should never get away with this. This is not a general tendency amongst South Africans as is being inter alia portrayed by Rob Hersov.

[@DerekduToit]

surely people do due diligence before purchasing a business - with audited financials provided - especially at that price - although you mention such a low price according to property value???

[@revenant2979]

Good point, it comes to something basic between a lawyer and a CA(SA) that has past "The old school" part 2 Auditing and has kept up with Corporate Governance evolution through work CPD and on other ways. The test is surely go to the property and walk through it. Art is a very indication of possible fraud and irregulation. You learn that in your Audting 202 and getting you CTA and in Articles you are sent out to walk the premised. If you are young you request a specialist. If you an old dog it's like breathing.

[@linrienterprises-wx2vv]

A case of lack of ethics.

[@mvubu6823]

Ethics? More like a straight up crime

[@wannabe-muso]

I suspect as the case unfolds we will see evidence of an investment culture whose only moral imperative is to never get caught. Had the Japanese played the game it would have been business as usual.

[@crispinswainstonharrison9042]

Why do they own an art collection ? Aren’t they an IT company ?

[@MrMahemrs]

Tax evation

[@mark_sugar42]

@@MrMahemrsart is not tax deductible. They bought it for the company, supporting local artists as part of their CSR.

[@tshepo7122]

No surprises here. This kind of stuff is happening everyday in corporate SA. And yes. BEE is rubbish

[@luciafidalgo296]

The greed never stops especially by those who do know better but don't care, just history repeating itself ad nauseum. The majority suffer in silence.

[@martieschutte7684]

Yes law firms are working to gether taking money and do not work for their clients working agains the client that is right and the people that us wrong get them out if jail saying they have case against the state

[@WarrenInAfrica]

These people are just a plain and simply put common criminals (cannot buy class or character) and a total embarrassment who like so many others just widened the divide in our country.

[@juanitaleroux2621]

And we dare to critisize the SOE's draining funds.

[@gavinjohn]

Maybe Webber can reflect on their part in helping Alexkor rip off its diamond divers?

[@marcuskelly5768]

Just love the way you call a spade a spade. 😊 If it walks like a duck... Talks like a duck... Sounds like a duck.... 😅

[@lu5346]

There must be a hybrid model between “free market” and “social responsibility” right?! Because the extreme of each side DOES NOT WORK! But somehow no one ever explores or talks about that possibility, and instead it’s all mudslinging and finger pointing 🤦🏽‍♂️

[@Cozy2961]

You people always trying to look for clever excuses for your kinds wrongdoing.. Now he's blaming beee😂😂😂 a criminal is a criminal, whether rich or not.. Yall blatantly call zama zamas criminals and don't blame poverty on their deeds.. But things will never change, will they?

[@SpencerCourtis]

Capitalism works - extortion by capitalists is the evil be they white or black. South Africa bye and large is an extortionists society governed by a ruthless extortionist ANC and it's associates. Patrice Motsepe and Anton Rupert are in the same extortionist camp. Thank God, these peoples are going to be exposed in the New South Africa gathering momentum.

[@robbygrave2512]

@biznews was former chairman not andile ….. surname escapes me ?

[@ducesupreme7489]

I have worked under Saki and he is definitely not smart. In my opinion, he is the best candidate to make "squeel" against the other 5. That's the guy you squeeze

[@cccmmm1234]

How is this abuse of BEE? Aren't these the sort of "opportunities" BEE was supposed to create?

[@luthandotungana1902]

BBBEE is a proclamation not a law which is why it only benefits certain individuals and ignoring the general public.

[@kobusswart4267]

Greediness has no colour

[@MelvinMashishi]

Isn't it funny how according to Rob, Johan Rupert would've sat and thought that these boys were being naughty. Ya nee it's tough, just wondering if they happened to be that other colour they would've been thought of as being naughty or corrupt like the rest of them.

[@vasnaidoo3329]

Even a broken clock is correct two times a day 🙄

[@GT-zx2ru]

It was Andile Ngcaba

[@derekcrisppenguinpropertie8901]

I'm confused, when investing a billion rand one would expect some due diligence. As Rob explained this was amateurish fraud, so who is to blame.?

[@Rose-n8k7n]

Please explain why once a credit card payment is delayed person must pay double the amount once inquiry took place they were told it's the policy of the bank that's fraudulent Please help poor South African's they have no job's still struggling to make a payment explain Please?

[@davidkotze4140]

Get Zuma's lawyers involved...none of you will ever serve time !! Follow the leader ? 🤔

[@cornelsmit4474]

😂😂

[@FerderSBV]

They did exactly what Rob Hersov tried to do offering Gayton R200m not to contest elections in WC as PA

[@Brians_view]

Did you learn that on KZbin by any chance or one of your friends tell you. GAYTON MCKENZIE is not worth 200 million.

[@FerderSBV]

@Brians_view perhaps an idiot like you can ask these idiots to send you the recording of when he said exactly that on this show but why would I expect anything different from you since you and ilk are strangers to the truth. Run along now Verwoerdian

[@tshepo7122]

@@Brians_viewdid you read?

[@Brians_view]

@@tshepo7122 can't you complete a sentence

[@nixm9093]

DD did that with private money, not with my tax money, I just can't feel that angry

[@michaelfaber9732]

But they stole from the shareholders who are very angry!

[@carlocosta3751]

Werksmans enjoys working for types like Steinhoff...

[@gavinjohn]

I told Sally Hutton at WW that Alexkor were dirty and ripping the Alexander Bay community off, but she put her manicured fingers in her ears.s

[@InspectorYT]

This is the second time I've heard Webber Wentzel associated in some way with serious skulduggery.

[@revenant2979]

The charismatic and all businessman comes down to his Administrive support. Which on that level is a CA(SA) as acountant. His Adinistrato, the A in MBA stands for something and that is what CAs do. We assist the Businessman in "Capitalism" comes to something basicly different between a lawyer and a CA(SA) that has past "The old school" part 2 Auditing and has kept up with Corporate Governance evolution through work CPD and on other ways. The test is surely go to the property and walk through it. Art is a very indication of possible fraud and irregulation. You learn that in your Audting 202 and getting you CTA and in Articles you are sent out to walk the premised. If you are young you request a specialist. If you an old dog it's like breathing.

[@johnlighton7025]

The comments this evening leave a lot to be desired. But thats up for debate. I was going to join a bebating team once. But someone talked me out of it.

[@hilberryable]

When is enough money enough?

[@lynnrobski1]

when you have it all. Then you start to print your own.

[@gavinjohn]

Is this Nathan related to Daniel Nathan?

[@MelvinMashishi]

These are sophisticated people 😂