Being dissatisfied is what satisfy me, i will not delete bad takes id rather make a worser tweet, I stand by nothing. my word means nothing I have no shame.
Cape Town
Joined February 2022
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I got a R5K qoute and I was ignoring it but I think it might be a bargain
lol look at the interest 🤣🤣🤣🤣
DJ Sbu faces R15.9 million tax headache after SARS court victory
Media personality and businessman DJ Sbu is facing a tax bill of almost R16 million after the South African Revenue Service (SARS) reportedly obtained a default judgment against him at the Johannesburg High Court.
The development follows SARS issuing a final letter of demand to the Mo Faya energy drink founder on 25 June 2026, seeking payment of R15.7 million.
The amount is believed to have increased by approximately R200 000 by the time the revenue service secured the judgment about two weeks ago.
According to Africa Daily, which reported on the court judgment, the outstanding debt comprises more than R8.2 million in unpaid personal income tax, over R7.6 million in interest and R60 500 in administrative penalties.
DJ Sbu, whose real name is Arthur Sibusiso Leope, was reportedly given 10 business days to settle the amount or explore available debt-relief options. These included negotiating an instalment payment arrangement, applying for suspension of payment while disputing the assessment, or requesting a compromise on part of the debt.
SARS also warned that failure to address the outstanding amount could result in further recovery measures, including approaching third parties holding money on his behalf and obtaining a warrant allowing the sheriff to attach and sell his assets.
Interest would continue accumulating on the outstanding debt.
buzzlifenews.com
