Latest news with #R60
TimesLIVE
5 days ago
- Business
- TimesLIVE
Just one Gupta property finds a buyer at Saxonwold auction
Furniture from two of the houses was sold as a separate lot per property. The loose assets of house No 5 were sold to an in-person bidder for R100,000, while the furniture of house No 7 went for R60,000. The furniture for house No 3 was not sold. Park Village Auctions disposal manager Graham van Niekerk described the outcome as 'exactly what we expected'. He said despite house No 3's rundown condition, it had more redevelopment potential. 'You can see for yourself the scope to upgrade it or start from scratch. The other two are very unique and difficult properties,' said Van Niekerk. He attributed the lack of interest in houses No 5 and No 7 to several factors: high municipal valuations, poor structural condition, restrictive zoning (residential 1) and the stigma associated with the Gupta name. Outside the compound, a small group of people protested, demanding justice and accountability for the family's alleged role in state capture. 'This is not the first time we have protested,' said Li Gula, from the Organisation Undoing Tax Abuse (Outa) 'We want the Guptas to come back and account. The NPA is moving far too slowly. The Zondo commission cost taxpayers millions and yet justice still drags on.' Lazarus said the auction was part of an effort by business rescue practitioners to open the process to public scrutiny. 'There is a stigma around these properties, but the most important thing is transparency. Everyone had the same opportunity to bid,' he said. Lazarus acknowledged that properties No 5 and 7 were always going to be tough sells. 'They are in serious disrepair and need major investment to restore. The business rescue team will now explore alternative methods to dispose of them, including closed tenders.' The auction may not have cleared all assets but it opened a rare public window into what remains of the once-powerful family's South African empire now reduced to crumbling mansions and unresolved questions.
SowetanLIVE
6 days ago
- Business
- SowetanLIVE
Identify a new KFC site and earn a R60k finder's fee
SA has one KFC outlet for every 58,000 people, but demand for finger lickin' good fried chicken still outstrips supply. That's why the brand is asking all South Africans to help it identify new potential sites to open even more locations. In return, until the end of 2025 it is offering a finder's fee of R60,000 for site recommendations that lead to a successfully opened restaurant or drive-through. KFC is the one of the fastest-growing quick service restaurant (QSR) brands in SA, Africa and the world. Globally, it has more than 30,000 restaurants in over 150 countries, employing nearly a million people. Its 1,500 restaurants in 22 African markets employ more than 40,000 people from SA in the south to Senegal in the west and Mauritius in the east. It has close to 1,200 outlets in SA alone. KFC Africa's GM Akhona Qengqe says the brand's transformative impact as a growth igniter has had a profound impact on the communities where it operates, improving local infrastructure, boosting the economy and creating employment. 'We create sustainable wealth and employment across Africa,' she says. 'Each restaurant creates an average of 35 direct jobs, provides a modern hub for communities to connect, and delivers high-quality meals made with the best ingredients.' Qengqe says KFC Africa is also a respected leader in social impact, women empowerment and incubating talent. 'We make an indelible mark in the fight against child hunger through our Add Hope initiative; our focus on equity and inclusion means 60% of our team members are women; and the unparalleled opportunities we offer staff for education and career progression have created a robust and globally sought-after talent pool.' Growth and innovation SA's QSR sector leads the world in terms of growth and innovation. It was valued at $2.7bn in 2018 and is projected to reach $4.9bn (about R87bn) by 2026, driven by urbanisation and growing demand. KFC's track record of growth means it leads the industry in new builds and has the most sustainable footprint, with the fewest restaurant closures across all markets. Every new restaurant is built to KFC's Building Green global standards, with 11 'must-haves' to create a healthy and environmentally friendly environment. KFC is constantly exploring how to push the boundaries to reduce energy and water consumption in each restaurant, and is well on track to reduce greenhouse gas emissions by 46% by 2030. All KFC packaging is made from certified sustainable sources and is fully recyclable.
TimesLIVE
6 days ago
- Business
- TimesLIVE
Identify a new KFC site and earn a R60k finder's fee
SA has one KFC outlet for every 58,000 people, but demand for finger lickin' good fried chicken still outstrips supply. That's why the brand is asking all South Africans to help it identify new potential sites to open even more locations. In return, until the end of 2025 it is offering a finder's fee of R60,000 for site recommendations that lead to a successfully opened restaurant or drive-through. KFC is the one of the fastest-growing quick service restaurant (QSR) brands in SA, Africa and the world. Globally, it has more than 30,000 restaurants in over 150 countries, employing nearly a million people. Its 1,500 restaurants in 22 African markets employ more than 40,000 people from SA in the south to Senegal in the west and Mauritius in the east. It has close to 1,200 outlets in SA alone. KFC Africa's GM Akhona Qengqe says the brand's transformative impact as a growth igniter has had a profound impact on the communities where it operates, improving local infrastructure, boosting the economy and creating employment. 'We create sustainable wealth and employment across Africa,' she says. 'Each restaurant creates an average of 35 direct jobs, provides a modern hub for communities to connect, and delivers high-quality meals made with the best ingredients.' Qengqe says KFC Africa is also a respected leader in social impact, women empowerment and incubating talent. 'We make an indelible mark in the fight against child hunger through our Add Hope initiative; our focus on equity and inclusion means 60% of our team members are women; and the unparalleled opportunities we offer staff for education and career progression have created a robust and globally sought-after talent pool.' Growth and innovation SA's QSR sector leads the world in terms of growth and innovation. It was valued at $2.7bn in 2018 and is projected to reach $4.9bn (about R87bn) by 2026, driven by urbanisation and growing demand. KFC's track record of growth means it leads the industry in new builds and has the most sustainable footprint, with the fewest restaurant closures across all markets. Every new restaurant is built to KFC's Building Green global standards, with 11 'must-haves' to create a healthy and environmentally friendly environment. KFC is constantly exploring how to push the boundaries to reduce energy and water consumption in each restaurant, and is well on track to reduce greenhouse gas emissions by 46% by 2030. All KFC packaging is made from certified sustainable sources and is fully recyclable.
The Citizen
22-07-2025
- Science
- The Citizen
Marine biologist to share secrets of the sea
Marine biologist to share secrets of the sea Southbroom Conservancy invites nature lovers, ocean enthusiasts, and curious minds to an evening of captivating storytelling and marine science with renowned marine biologist and science communicator, Dr Deborah Robertson-Andersson. The talk will take place at Southbroom Golf Club on Thursday, August 14 – guests are asked to arrive at 17:30 for a 18:00 start. Entry is R60 per person and includes three slices of pizza to enjoy while soaking up the fascinating facts. Robertson-Andersson, well known for her passion for the ocean and her talent for making complex science accessible will focus on the spectacular South African humpback whale migration route. She will share how observing whale and dolphin behaviour is vital for protecting marine ecosystems – and how reconnecting with nature can inspire lasting care for the oceans. This promises to be an inspiring and informative evening, perfect for anyone who loves the wild wonders of the sea. HAVE YOUR SAY Like the South Coast Herald's Facebook page, follow us on Twitter and Instagram At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
IOL News
21-07-2025
- Business
- IOL News
The Roy Moodley Legacy Cup: A new initiative for young football stars in KwaZulu-Natal
Durban businessman Roy Moodley is funding a football tournament that will be played in Durban later this month. Image: Supplied IN A move to empower the youth of KwaZulu-Natal, Durban businessman Roy Moodley has committed to nurturing budding football stars, believing that engagement in sports can deter young people from destructive paths. Moodley will provide funding for a local Safa football tournament, which begins later this month, with a prize purse of around R60 000. Speaking to Daily News, Moodley expressed his heartfelt conviction that sports played a crucial role in keeping young individuals fit, healthy, and focused. 'Sports keeps the kids out of the street and occupies them to stay clear from drugs and gangsterism. My aim is to encourage them to participate in sports and not engage in illegal activities,' he affirmed. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Despite his recent attempt to acquire the status of the Royal AM football club, a pursuit that did not materialise, Moodley has redirected his focus towards community empowerment through sports. Previously, he had invested substantial resources, and was poised to to spend R50 million to secure the club's status, as reported by Sportswire. However, negotiations with the Premier Soccer League (PSL) faltered, leading him to abandon his attempt. 'I have abandoned that quest; I am now going to concentrate on empowering young people through sports,' he remarked. Moodley also attempted to purchase the SuperSport United franchise that was up for sale more recently but the Minister of Sport's (Gayton McKenzie) son, Calvin Le John, was the successful bidder. Unperturbed, the businessman shared his ambitious vision for the upcoming Roy Moodley Legacy Cup, aimed at fostering young leaders both on and off the football pitch. 'This tournament will not only showcase talent but will also aid in developing responsible, future leaders,' he outlined. The inaugural Roy Moodley Legacy Cup is slated to take place later this month at Hoy Park, and promises to reward participants generously. The winning team will receive R30,000 as prizemoney, while the runners-up will take home R15,000. Additionally, the two semi-finalists will earn R5,000 and R1,200, respectively. Moodley, a well-established entrepreneur at the age of 71, is the founder of Royal Security, which has grown to become one of the largest private-sector safety and security companies in KwaZulu-Natal. Apart from his sports contributions, he has also made a name for himself as a racehorse owner and breeder, which underscored his diverse business interests and commitment to community development. DAILY NEWS
