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Interested buyers, all 50 of them so far, are sharpening their knives ahead of the sale of Rebosis Property Fund and its various properties, which includes Hemingways Mall, East London’s most prestigious retail property, as well as Baywest Mall in Gqeberha. Secret written offers will be submitted this week, but eventual decisions on the bids could drag on until Christmas.
Two of the biggest shopping malls in the Eastern Cape - Baywest in Gqeberha and Hemingways in East London - are up for sale as owners Rebosis Property Fund, started by property mogul Sisa Ngebulana, struggles to pay a R9.5bn debt.
SELF-STYLED prophet and President Emmerson Mnangagwa’s ambassador-at-large Uebert Madzanire, aka Uebert Angel, has claimed that Mnangagwa will spend US$240 million for his re-election bid. Appearing in the third episode of the four-part Al Jazeera documentary on gold smuggling and money laundering titled Gold Mafia: El Dorado that aired yesterday, Angel said: “His (Mnangagwa) election, I…
WHILE the Zimbabwean government says it has taken measures to freeze accounts of the gold mafia and investigate the gold smuggling, money laundering and corrupt...
Angel has appeared in all three episodes aired so far in which he was secretly recorded by Al Jazeera investigative journalists.