The Black Business Council (BBC) says its stalwarts are at an advanced stage of an investigation into the disappearance of R5 million.
This comes after it suspended its president, Danisa Baloyi, on Monday.
Baloyi is the only person implicated.
The Money Show’s Bruce Whitfield interviewed BBC Secretary General George Sebulela.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
We depend on grants and sponsorships.— George Sebulela, Black Business Council
There is prima facie evidence [against Danisa Baloyi].— George Sebulela, Black Business Council
There’s no evidence of any other missing funds.— George Sebulela, Black Business Council
Theft and fraud [is the BBC’s concern]…— George Sebulela, Black Business Council
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Workers downed tools last week amidst reports of damage possibly resulting in load shedding. EWN’s Gia Nicolaides reports...
The Money Show’s Bruce Whitfield interviews Strata Legal (Pty) Ltd Director Brandon Irsigler.
Ad expert Andy Rice slams what he calls “MTN and Vodacom’s childish fight as to which one has the better network”.
The Money Show’s Bruce Whitfield interviews Lee Kasumba, who is in Addis Ababa, Ethiopia’s booming capital city.
Galileo Capital Financial Advisor Warren Ingram on "good debt", "bad debt", "neutral debt" and consolidation your debts into one.
In the first episode of Solutionist Thinking with RMB, Bruce Whitfield speaks with author, businessman and trailblazer Reuel Khoza.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
Anger is a strong and natural emotion that everyone experiences every now and again. Here's how to manage your reactions.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?