Sinenkinga entsha 😂 debt collectors sebenza engath sikweleta bona personally manje. Umunt aze aphakamise izwi nje efuna imali yaka MTN 🤷🏾♂️ relax, I don’t have it.
Former President Thabo Mbeki claimed the ANC government was set up to fail as part of a broader agenda in which the counter-revolution systematically worked to dismantle the state’s capacity.
https://t.co/rQslQ2bll0
The FSCA has published the names of 16,556 employers who have defaulted on pension contributions. This has affected more than 500,000 retirement fund members, leaving R8.3 billion in unpaid contributions. FSCA’s Keabetswe Tsuene elaborates. #Newzroom405
CAPITEC FOUNDER SECURES R6.5BN LOAN
Capitec co-founder Michiel le Roux has secured about R6.5bn by refinancing a loan backed by his shareholding in the bank, without selling any shares.
The deal involves 1.37 million Capitec shares worth R6.56bn, which have been pledged as collateral through his investment company, Kalander Sekuriteit.
The transaction allows Le Roux to access funding while retaining ownership and benefiting from any future share price gains.
The refinancing comes as Capitec continues to post record profits and remains South Africa’s largest bank by market value.
Full story - https://t.co/NX1ajyN6TH
BREAKING NEWS | Zimbabwe President Emmerson Mnangagwa signs consitutional amendment law that extends Presidential term to 7 years, scraps direct Presidential election.
CHRISTO WIESE - SHOPRITE & PEP OWNER
I once owned a diamond mine. I was simply fortunate enough to afford it.
I later sold it and used the proceeds to buy control of Shoprite and Pep from the family [1981].
At the time, Pep had just 200 stores, while Shoprite had only 9.
To put that into perspective, Pep now has over 6,000 stores, and Shoprite operates more than 3,500 stores across Africa.
Today, Shoprite is Africa's largest food retailer. These two combined are South Africa's biggest private-sector employer, with over 200,000 employees.
I am proud of my country & Africa, my continent.
I live here and my family. I am a prisoner of hope (permanently optimist)
I am an African, just with a white skin.
I have been a chairman of aPepkor and Shoprite holdings from 1981 till 2017.
Finding a person to lead your companies is more about luck than wisdom.
I live a simple life. I dont have bodyguards. I drive myself around.
I have a house in Clifton. No high walls.
South Africa is a good country. Things are affordable here.
Safety concerns are overstated. There is no country that is 100% safe and nice. Even in London. Those people want to live an affordable SA life as well