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The Citizen
01-08-2025
- Automotive
- The Citizen
2025 Mercedes-AMG GLC 63 Edition 1: SA price & specs
Tested in the January 2025 Performance Issue of CAR magazine, the Mercedes-AMG GLC 63 S E Performance has been handed the 'Edition 1' treatment, with Mercedes-Benz South Africa listing this package, available for both the SUV and Coupé models, on its configurator. So, what does the Edition 1 package include? Adding R301 900 to the 'standard' SUV and Coupé models' asking prices (R2 718 744 and R2 891 293, respectively), the Edition 1 kit features such items as 21-inch AMG light-alloy wheels, which house yellow brake callipers, the AMG Exterior Night Package and AMG Night Package, and an Aerodynamic Package, among several other items. Two MANUFAKTUR exterior paint options are available: 'Graphite grey magno' and 'high tech silver magno'. Stepping inside, among the array of standard items are Nappa leather-upholstered AMG Performance seats, replete with yellow contrast stitching and embossed 'Edition 1' logos on the headrests. Yellow seatbelts are also present. Mercedes-AMG GLC 63 S E Performance Edition 1 price in SA The Mercedes-AMG GLC 63 S E Performance Edition 1 is priced from R3 020 644 and R3 193 193 for the SUV and Coupé derivatives, respectively. Pricing includes a two-year/unlimited km warranty and a maintenance plan spanning five years or 100 000 km. Mercedes-AMG GLC 63 S E Performance Edition 1 – R3 020 644 R3 020 644 Mercedes-AMG GLC 63 S E Performance Edition 1 Coupé – R3 193 193 As a reminder, the Mercedes-AMG GLC 63 S E Performance shares its 2.0-litre, four-cylinder turbocharged plug-in hybrid (PHEV) powertrain with the C63 S E Performance, which impressed on our test strip for our July 2024-issue road test, and is endowed with 500kW and 1 020Nm of torque. Click here and browse thousands of new and used vehicles with CARmag! Related The post 2025 Mercedes-AMG GLC 63 Edition 1: SA Price & Specs appeared first on CAR Magazine.
The Citizen
08-05-2025
- Business
- The Citizen
KleuterZone CEO provisionally sequestrated
Kobus Schoeman received more than R2.6m in payments over 10 months in addition to his salary, say liquidators. KleuterZone's Kobus Schoeman continued to disseminate misleading messages to investors, even after reports that the franchise defaulted on dividends. Picture: KleuterZone website The personal estate of former KleuterZone CEO Kobus Schoeman was provisionally sequestrated on Wednesday (7 May). He did not oppose the application. Schoeman declined to comment on the matter, stating to Moneyweb that he may do so at a later stage after consulting his legal representatives. He is the second high-profile individual in the KleuterZone franchise to be provisionally sequestrated, following the sequestration of founder Anthonie Bougas's estate on 8 April. Bougas's parents, Rensche and Anton, are also facing provisional sequestration. They must give written notice of their intent to oppose the application by the end of Thursday (8 May). ALSO READ: KleuterZone's collapse: Parents of founder also facing sequestration Schoeman's sequestration application Hannes Muller and Madelein Kuilder, joint provisional liquidators of KleuterZone Pty Ltd, argued in their 17 April affidavit to the Western Cape High Court that Schoeman's conduct as CEO raised concerns about fund misappropriation, investor money abuse, and ongoing unlawful activity post-liquidation. They detail Schoeman's continued involvement in KleuterZone's affairs even after its provisional liquidation on 26 March 2025. According to the affidavit, Schoeman misappropriated funds and improperly disposed of assets and has continued to dissipate funds through third parties, including his immediate family members. A review of the financial records shows that in addition to receiving a declared salary of R60 000 per month as CEO of KleuterZone, Schoeman received total payments amounting to more than R2.6 million between April 2024 and February 2025. ALSO READ: Another KleuterZone company in provisional liquidation Payment for 'legal services' The payments included sums invoiced for 'legal services' rendered to KleuterZone, although Schoeman was disbarred as an attorney in 2018. 'The absence of proper documentation substantiating the services rendered, combined with his ineligibility to practice … evidences the legitimacy of the misappropriation of investor funds.' The liquidators further note that Schoeman used his children as financial conduits to 'conceal the flow of misappropriated funds'. Between June 2024 and February 2025, over R490 000 was transferred to Schoeman's bank account from his son's account. Additionally, R301 000 was deposited into his account from his daughter's account. Moreover, on 7 and 8 March this year, soon after the first reports about KleuterZone's financial viability were published, Schoeman transferred R400 000 and R600 000 to the bank account of his mother-in-law. 'No documentation has been offered as to the basis on which she would be entitled to such large amounts.' ALSO READ: KleuterZone share certificates reference companies that do not exist Misleading investors According to the liquidators, Schoeman continued to disseminate misleading messages to investors, even after reports that KleuterZone had defaulted on dividend payments. '[After] it became evident that the company was both factually and commercially insolvent and unable to meet its obligations … [he] continued to portray the company as solvent and on the verge of recovery.' The liquidators note that on 1 March, Schoeman sent correspondence to two investors in which he promoted additional investment opportunities in KleuterZone schools. ALSO READ: Bougas estate provisionally sequestrated Provisional liquidations So far, five of the KleuterZone management companies have been placed into provisional liquidation: KleuterZone Pty Ltd; KleuterZone Operations; KZ Ventures; KleuterZone Empowerment; and KleuterZone Holdings. The liquidation of ABS Productions, Bougas's company known for producing promotional films, music videos, and event videography, has been finalised. This article was republished from Moneyweb. Read the original here.
