The reserve bank has seized Lanzerac Wine Estate

South Africa News News

The reserve bank has seized Lanzerac Wine Estate
South Africa Latest News,South Africa Headlines
  • 📰 CapeTownEtc
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

The SA Reserve Bank attached Lanzerac Wine Estate and other Markus Jooste's assets for breach of foreign exchange regulations:

It is yet to be determined how much of the“The British businessman Malcolm King is the supposed owner of the estate, via a company called Pavilion Capital Investments, registered in the British Virgin Islands.

King is known to be a friend and business associate of the former Steinhoff CEO.”Malcolm and Nicholas King, as well as Jooste’s son-in-law, Stefan Potgieter, are listed as directors of Lanzerac Estate Investments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CapeTownEtc /  🏆 17. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Load Shedding Is 'Word of The Year' 2022 - South African News - October 17, 2022South Africa: Load Shedding Is 'Word of The Year' 2022 - South African News - October 17, 2022
Read more »

South Africa: Striking Transnet Workers Reject Latest Wage Offer - South African News - October 17, 2022South Africa: Striking Transnet Workers Reject Latest Wage Offer - South African News - October 17, 2022
Read more »

South African Reserve Bank to attach ex-Steinhoff CEO Jooste’s assetsSouth African Reserve Bank to attach ex-Steinhoff CEO Jooste’s assetsThe Western Cape High Court earlier this month granted the reserve bank’s application to attach all assets linked to Jooste and raided his properties on Tuesday.
Read more »

9 Farm attacks, 1 farm murder in South Africa, 1-15 October 2022 - South Africa Today9 Farm attacks, 1 farm murder in South Africa, 1-15 October 2022 - South Africa TodayIn the first fifteen days of October 2022, there have been nine farm attacks and 1 farm murder in South Africa
Read more »

South African actor, Franci Swanepoel, 50, has died | ChannelSouth African actor, Franci Swanepoel, 50, has died | ChannelFranci Swanepoel has died. She was 50 years old. The South African actor is thought to have died in her sleep on Sunday morning. A cause of death has not yet been made public. | News24Arts
Read more »

All-inclusive holidays in high demand as South African wallets feel the pinch | The CitizenAll-inclusive holidays in high demand as South African wallets feel the pinch | The CitizenEnquiries for package holidays that include food and drinks have seen a sharp rise compared to previous years.✈️🏝 Read the full story📲Holidays
Read more »



Render Time: 2025-03-29 20:15:48