Even if things may not be okay now, we must not lose HOPE. From FADING HOPE OF A RAINBOW NATION series. A series inspired by what is happening in South Africa on a daily basis,some are losing their livelihoods, high unemployment rates, substance and drug abuse and we cannot forget to mention corruption from leaders who are supposed to protect their citizens. What once was a beautiful story has turned into something else.
𝐑𝐎𝐎𝐓𝐄𝐃 (𝐟) 𝐱 𝐓𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐰𝐚𝐯𝐞 𝐨𝐟 𝐚𝐫𝐭𝐢𝐬𝐭𝐬 𝐢𝐬 𝐡𝐞𝐫𝐞 🌺
And we are just getting started!
For festival goers considering whether to attend: do not wait.
🗓️: 5 & 6 December 2026
📍: Casalinga Farm
🎟️: https://t.co/DMHmwsf8FX
#umanyanolwejazz
Ran out of space on my Gmail, caved in and paid for 100GB, now I am being told that’s running out and I should upgrade to 200GB. These niggas are running a scam
What makes the South African government think everything they say is the final order? Those days are long gone. We are tired of corruption and impunity, and we are no longer willing to stay silent
I met @kasiflavour10 a few years ago and was struck by his rare ability to make old-school football culture feel current again—rooted in township memory, not nostalgia-for-sale.
That sensibility runs deep. His father is the legendary Shakes Kungoane. He's the real deal.
We spoke about the ongoing debate about Kasi Flavor versus Old School brands.
It was a long overdue conversation as I was genuinely unsettled when I walked into an “old school” shop in Sandton and, for a moment, thought I was in his store. The aesthetic. The merchandise. The storytelling. It felt unmistakably his lane—until I realised it wasn’t.
Of course noone owns football.
But storytelling has authorship. There's no mistaking Kabelo's imprint in the category.
I hope the Advertising Regulatory Board (ARB) looks into this—and that the township market, especially young consumers, votes with its heart and conscience, not just price and proximity.
Support the originators. Not just the amplifiers with deep pockets. That's the only way we are going to incentivize the youth to create and alleviate unemployment.
heartbreaking stats behind gambling addiction 💔💔
the telephone bill for the SA Responsible Gambling Foundation now exceeds R3.4 million ‼️💰
number of counselling calls to the SARGF ☎️
2025: 1,013,626
2024: 140,263
South Africa’s gambling crisis is truly out of control 🎰
MINIMUM PAY
FirstRand has lifted its minimum annual salary for South African employees from R215,000 to R260,000 - a 20.9% increase (equivalent to R21,666 per month) - setting a new benchmark in the banking sector’s growing pay race.
The move surpasses similar hikes by Nedbank, Absa, and Standard Bank, reflecting fierce competition for skilled professionals during widespread talent shortages.
Beyond boosting entry-level wages, FirstRand also disclosed its internal pay gap, highlighting growing transparency across major banks ahead of new legal disclosure requirements.
For FirstRand, encompassing FNB, RMB, and WesBank, this strategic escalation not only secures frontline talent but fortifies its dominance as one of Africa’s most valuable banking group, with a market capitalisation exceeding R400-billion.
Full story - https://t.co/zvaxGrr1ZZ
Pictured - Mary Vilakazi, FirstRand CEO
Shareholders have shown Michael Georgiou the door - Here’s what his exit means for Fourways Mall 🛒🛍️
I recently tweeted about the co-owner of South Africa’s biggest shopping centre that went into business rescue.
The co-owner, Azrapart owns 50% of Fourways Mall while Accelerate Property Fund (APF) owns the remaining 50%. Flanagan & Gerard, along with Moolman Group, are the mall's property managers.
Michael Georgiou is the sole director of Azrapart. He was formerly the CEO and non-executive director of Accelerate Property Fund.
At Accelerate’s October 2025 AGM - 97% of shareholders rejected his reappointment to the board after 12 years of being on it.
Here’s a timeline summary of the past decade:
2013 - Georgiou is the CEO and is closely connected to both Accelerate and Fourways Mall.
2022 - he resigned as CEO to focus on developing Fourways Mall, while remaining a board member.
2025 - Georgiou borrowed money from Investec and RMB using his Accelerate shares as security, but when he couldn’t repay the loan, the banks took those shares (312 million of them) - cutting his stake in the company down to 4%.
June 2025 - The Free State High Court put Azrapart into business rescue after Investec and RMB filed an application.
Georgiou is linked to a few companies in the Fourways area that owe Accelerate Property Fund a lot of money - the total was almost R800 million.
The debt breakdown:
• R632 million owed by the Fourways Precinct
• R134 million owed by the Michael Family Trust
• R30 million owed by Azrapart
In 2024, they tried to clean up all the above debt between Accelerate and Georgiou’s companies through a debt restructuring deal.
Instead of paying cash directly, Accelerate agreed to pay Azrapart R300 million for a “rebuilt claim” (basically, settling past obligations), including R71 million for delays.
Accelerate also bought 50% of the remaining undeveloped land at Fourways for R75 million, and parking bays for R242 million. After all these transactions, the books were balanced - neither side owed the other anything.
Soon after, Azrapart went into business rescue - meaning it couldn’t pay its debts. As a result, Accelerate didn’t recover the money owed and had to write off R1 billion as a loss.
This now means that they’ve wiped the books clean - no more messy, back-and-forth debts between the mall, Georgiou, and Accelerate. With Georgiou off the board, Accelerate and its property managers now run the show. Here’s hoping the costly short-term losses pass quickly and that we have a more transparent future for Fourways Mall.
CHESLYN JACOBS TO LEAD TYMEBANK
TymeBank has appointed Cheslyn Jacobs as its new CEO, effective 1 January 2026, following approval by the Prudential Authority of the South African Reserve Bank.
A founding member of the bank, Jacobs replaces Karl Westvig, who transitions to an advisory role to ensure continuity.
His appointment marks a new era for the digital lender, focused on innovation, customer satisfaction, and sustainable growth.
Backed by Patrice Motsepe's African Rainbow Capital, TymeBank has grown to over eight million customers and deposits of R10-billion since 2019.
Jacobs’s leadership aims to expand the bank’s footprint locally and abroad, reinforcing its mission of financial inclusion.
TymeBank intends to rebrand itself as GoTyme in the first half of 2026, aligning with its brand identity in some of its international markets.
Full story - https://t.co/S3eaKwz164