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Reggae music recognised as a worldwide treasure – NEWPAPER24

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Reggae music recognised as a worldwide treasure

2018-12-08 03:54:30


JOHANNESBURG – The UN has added reggae music to its record of worldwide cultural treasures.

It says the style is worthy of safety and promotion. 

READ: Jamaica seeks world heritage standing for reggae

Jamaica utilized for recognition of its musical custom at a UN in Mauritius this yr. 

Unesco says the distinctive beat has furthered ‘worldwide discourse on injustice’, whereas followers reward it for breaking down racial obstacles.

Now, reggae is in style in most components of the world, South Africa not-withstanding.

WATCH: Musicians pay transferring tribute to Johnny Clegg 

 

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Soweto scholar patroller’s household pleased with acquittal – NEWPAPER24

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Soweto scholar patroller’s household pleased with acquittal

2018-12-12 16:30:00


JOHANNESBURG – The household of the now-acquitted former Soweto scholar patroller Johannes Molefe have welcomed Wednesday’s court docket ruling.

The household says they’re comfortable the difficulty has been put to relaxation after they have been subjected to insults by group members.

Molefe was accused of raping and sexually assaulting women aged between 5 and 13.

UPDATE: Soweto scholar patroller acquitted on all fees

Mittah Buthelezi, Molefe’s sister, mentioned individuals have been saying horrible issues about her brother.

“They might insult me and say all types of stuff, however I simply advised myself that solely God is aware of.

“I hoped he can be discovered harmless as a result of I do know him, I reside with him, he’s my brother.”

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Alexandra residents slam authorities following devastating fireplace – NEWPAPER24

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Alexandra residents slam authorities following devastating fireplace

2018-12-12 13:55:00


JOHANNESBURG – Alexandra residents have criticised an obvious lack of presidency assist following final week’s devastating fireplace.

They’ve taken to rebuilding their houses with the assistance of non-governmental organisations.

READ: Alex residents say firefighters ill-prepared to deal to fireplace

Over 500 buildings burnt down, leaving residents destitute simply weeks earlier than Christmas. 

The neighborhood killed the person who was accused of beginning the hearth.

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PICS: High ANC man Danny Msiza and his R164m empire – NEWPAPER24

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PICS: High ANC man Danny Msiza and his R164m empire

2018-12-12 15:33:43

*This text has been up to date

Whereas his political future appears unsure, it doesn’t seem as if former ANC Limpopo treasurer-general Danny Msiza will likely be shedding any sleep over his future earnings.

Courtroom paperwork filed on Tuesday have revealed that in 2016, Msiza and his spouse, Mmabogoshi Bellah Msiza, claimed to be cumulatively value a bit greater than R164m on the finish of December that 12 months.

Connected to courtroom paperwork filed by Advocate Terry Motau SC on Tuesday is a press release of belongings and liabilities for the couple, which was submitted to VBS in assist of an utility for a questionable R9.5m bond the financial institution granted the Msiza’s firm, Mojovax, in early 2017.

Motau filed papers in response to a bid by Msiza to have elements of Motau’s report ‘The nice financial institution heist’ deleted or expunged. The report gave an in depth account of the wide-scale looting and fraud totalling greater than R2bn that led to the collapse of VBS.

Msiza filed an utility with the Pretoria Excessive Courtroom in October this 12 months.

Motau has now motivated and offered the proof which led to him together with Msiza within the report and in excruciating element has set out how Msiza personally benefitted from the looting of VBS Mutual Financial institution.

This consists of the multi-million rand bond for a 7 600 sq. metre property in central Polokwane and a bit greater than R1.5m in money, additionally paid to Mojovax by politically linked intermediary Kabelo Matsepe.

Matsepe’s firm Moshate Investments obtained R27m from ‘slush fund’ accounts operated by VBS executives as commissions on investments made by Limpopo municipalities.

The courtroom papers present that Msiza personally benefited from the VBS money.

ALSO READ: Looted VBS money paid for prime ANC man’s R9.5m residence – courtroom papers

Information24 beforehand reported that the property was a house, however has since verified that it’s in actual fact a spa and convention centre on Grobler Road in central Polokwane. Msiza is the owner of the property however doesn’t personal the spa.

polokwane spa
A Google Road view of the 7600 sq. metre Polokwane Spa in central Polokwane. The property the spa sits on is owned by ANC treasurer normal Danny Msiza, purchased with a questionable R9.5m bond from VBS Mutual Financial institution. Msiza doesn’t personal the spa.

The proof supplied to the courts present how repayments on the bond totaling R700 000 have been made sporadically by Matsepe, and an additional R1.3m from an unknown Customary Checking account.

Msiza resigned on Tuesday after receiving what Information24 understands to be an instruction from a senior ANC chief to take action.

In his resignation letter Msiza emphasises that his resolution to step apart just isn’t an act of contrition and reaffirmed his authorized problem of Motau’s report.

“My direct monetary interface with the financial institution [VBS] is a reputable business property mortgage (not a house mortgage) which I’ve pay as you go till January 2019. The supply of the funding is completely reputable,” he added.

He additionally defined that over and above his place within the ANC he was “an entrepreneur with a broad company portfolio and consequently in depth relations within the company sector”.

ALSO READ: High ANC man Danny Msiza linked to VBS scandal resigns

From the monetary assertion hooked up to Motau’s papers, it appears Mr Msiza has constructed a substantial fortune from his entrepreneurial ventures – effectively earlier than he accepted handouts from VBS.  

Property mogul

The ‘monetary assertion’ of the Msiza couple was signed off by CJ Accountants, additionally based mostly in Polokwane, with one crucial caveat: “The monetary statements have been ready from data and explanations supplied by Mr M D Msiza. No audit was executed.”

That is key – the accountants didn’t truly confirm if any of the belongings listed by Mr Msiza did exist or in actual fact belong to him, however merely drafted the assertion based mostly on what Msiza claimed.

scott estate

A view of Sentinel from a house close to that of Danny Msiza contained in the Scott Property in Hout Bay which is presently on sale for R13m, the identical worth vary as Msiza’s residence in the identical property.  (Photograph – Property24.com)

Msiza is considerably of a property mogul, proudly owning numerous properties in Polokwane value greater than R60m.

All instructed his property portfolio (held by numerous corporations) quantities to just about R100m.

In accordance with the monetary assertion, Mojovax owned R34.9m in value of property in 2016. Since then, the R9.5m Polokwane central property was bought by VBS and assuming he has not bought off any of his property, that may bump up Mojovax’s asset base to R44m.

These properties embody a R13m residence within the upmarket Scott Property in Hout Bay and a portion of Hollandsdrift farm, 25km south of Polokwane value R16.5m.

Msiza, by Mojovax, owns portion 19 of Hollandsdrift, a 240 hectare piece of land which borders on the Kuschke Nature Reserve.

Google Earth

A Google Earth view of the event on former ANC Limpopo treasurer normal Danny Msiza’s  240 hectare portion of Hollandsdrift farm, which he claims is value R16.5m.

Msiza additional owns Ingwe Ranch (valued at R7m) and Limpopo Visitor Manor, a 4 star lodge located in Polokwane central value an estimated R15m.

The rest of his properties are numerous properties in Polokwane, one a R9.5m pad in Cycad Property. He additionally owns workplace buildings in Centurion and Polokwane in addition to a R6.5m residence in Irene, Pretoria.

Property data present that a few of these purchases have been made between 2012 and 2017.

Wealthy man, poor man

The rest of Msiza’s wealth stems from shares he holds in Nkulunge, which holds BEE shareholding in Cell C. That is valued at R7.5m.

He additionally holds a stake in Marula Platinum – a part of the Implats steady, value R12.8m. Marula Platinum mine is located in Limpopo.

Msiza listed a projected revenue of R41m from his Karibu Group, which is concerned in insurance coverage and development.

He additionally lists a projected revenue of R12m from an organization named DW Initiatives North West, of which little data was instantly out there.

Maybe Msiza’s crowning jewel? A BMW 525 which he valued at a modest R250 000.

limpopo guest house
A view of the luxurious four-star Limpopo Visitor Manor in central Polokwane, valued at R15m and owned by former ANC Limpopo treasurer normal, Danny Msiza. (Photograph – limpopoguestmanor.co.za)

*Correction: A earlier model of this text said that it was believed that Mr Msiza owned the Protea Resort by Marriot Polokwane Ranch Resort. The resort is situated on a unique part of Hollandsdrift farm and it’s not owned by Mr Msiza. The article was up to date and the knowledge surrounding the Polokwane Ranch Resort deleted and changed with the proper data pertaining to the portion of Hollandsdrift which Mr Msiza does certainly personal. The error is regretted and the writer apologises for any inconvenience brought about to the house owners of the resort.

*Do you’ve got a tip for our investigative journalists? Ship an e mail to suggestions@24.com



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