Neo Mofokeng

Family ❤ takes the Front Seat!!!

[NDABARASA 👽 @YuhiWambere]

He will remember this moment with his dad forever 🥹❤️

[Abahambe Majola🇿🇦🇷🇺 @LadyAbahambe]

How a Township Pick n Pay Franchisee Lost Everything

Meet Irish Modisane.

In 2009, Irish became part of a programme intended to bring more black South Africans into the formal economy through franchise ownership.

He took over a Score Supermarket in Siyabuswa, Mpumalanga. The store was reportedly in a poor condition at the time, but the promise was simple: build a successful business, create jobs, and help expand retail access in township communities.

For many South Africans, this is exactly what economic transformation was supposed to look like.
But according to Modisane, things did not turn out that way.

He alleges that township stores operated under very different conditions from stores in affluent areas. Customers bought more basic necessities and fewer high-margin luxury products, making profitability more difficult from the outset.

Modisane further alleges that unsuitable stock was frequently allocated to township stores, creating cash flow pressure and making it difficult to clear inventory before new stock arrived.

As debts accumulated, he says franchisees were required to enter into variation agreements that added interest charges to outstanding balances.

According to Modisane, Pick n Pay eventually took direct control of the Siyabuswa store. He alleges that head office personnel were brought in to run operations and that he was effectively excluded from the business he had built.

He claims that while the store continued trading, debts continued to accumulate in his name, leaving him in an increasingly impossible financial position.

Ultimately, the franchise was lost.

Today, the man who once operated a major retail store in Siyabuswa reportedly earns a living through recycling, he has not lost alone but an additional 100 plus people lost jobs under him

Modisane’s story raises uncomfortable questions now

• What protections exist for franchisees when disputes arise?
• Are township stores evaluated differently from stores in wealthier areas?
• How should debt restructuring be handled between large corporations and small operators?
• Did South Africa’s transformation programmes create lasting ownership, or simply temporary participation?

These are questions that deserve answers.
#BoycottBoxerStores #BoycottPicknPay @BoxerStores @Springboks

[Neo Mofokeng @TheMofking]

@PortiaMoemedi Fuck he’s Good

[Lady_L_ @Lee_Raa_Tuu]

Real MEN don't celebrate birthdays🎂

[The Figen @TheFigen_]

Incredible creativity from a little artist.

[Neo Mofokeng @TheMofking]

@naturelife_ok This is no magic. Its energies

[Neo Mofokeng @TheMofking]

@Crazymoments01 Some idiot will believe this AI nonsense and try it in the wild

[NO CONTEXT HUMANS @HumansNoContext]

How do you even find out you can do that?

[Neo Mofokeng @TheMofking]

@MuZi_Zerry @Am_Blujay Bro!! 1 moment ublome kamnandi, jikijiki you’re dead

[Neo Mofokeng @TheMofking]

@elonmusk Keep you link, its not Star enough.

[✭ 🅑🅤🅑🅑🅐 ✭ @BubbatheOG]

Jane Elliott pointed out the hypocrisy decades ago.

[Neo Mofokeng @TheMofking]

@busiwe_bubu I still maintain that the government or municipalities aught to recognise these patriots and train them in the relevant fields. They have shown dedication and commitment to their communities.

[Kentah Gwanjez @GWANJEZ]

"Nobody celebrates your discipline until they need to borrow your results."

[Dr Kgosientsho Ramokgopa @Kgosientsho_R]

Congratulations to the 200 academically deserving young people whom we have this afternoon awarded with Eskom bursaries to further their future within the energy industry in the spirit of energy being the future and the future being energy. 👏🏾

[History ZAR @HistorySAZAR]

South African group Joy perform Paradise Road live on BBC TV, c 1980's. Joy was a South African female vocal group who had a chart-topping hit in South Africa with Paradise Road. The record spent 9 weeks at No. 1 spot.

[Neo Mofokeng @TheMofking]

Broke him in half 🤣🤣🤣🤣

[Dera II @Neutral_OC]

They refused to accept that he won until he did it the African way 😭

[World of Science @Science_TechTV]

The beauty of Engineering