BNIC#2 Dawie Roodt warns of looming SA debt crisis: "The State is destroying capital”

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At BNIC#2 in Hermanus, economist Dawie Roodt delivered a no-holds-barred analysis of South Africa’s economy, warning of a looming financial crisis driven by unsustainable debt, state destruction of capital, and ANC misrule. Drawing on global trends, the future of money, and the collapse of manufactured goods prices, Roodt argued that only growth can save South Africa - and growth requires protecting property rights, embracing free trade, and maintaining sound money. His blunt conclusion: “The only way to fix South Africa is to get rid of the ANC.”

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16 Sep 2025 5AM English South Africa Investing · Business News

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