[WATCH] Local billionaire buys son Porsche as reward for passing matric

South African businessman and billionaire Robert Gumede bought his son Matana Robert Junior Gumede a car worth R2.8 million after passing matric.


Recommended

by NEWSROOM AI
Read More
Clamp down on unregistered 'security guards' near Woodstock's Old Biscuit Mill

Clamp down on unregistered 'security guards' near Woodstock's Old Biscuit Mill

Joint law enforcement operation after visitors in Cape Town complained of being coerced into paying R50 to park on the street.

Songstress Sibongile Khumalo and more world-class greats perform at Joy of Jazz

Songstress Sibongile Khumalo and more world-class greats perform at Joy of Jazz

Produced by T-Musicman and supported by 702, these unmissable evenings include both local and international artists.

City green-lights Salt River market for mixed development

City green-lights Salt River market for mixed development

City of Cape Town CMayco Member for Urban Planning Grant Twigg explains.

'Army is deployed on one side of Delft, then shootings take place on the other'

'Army is deployed on one side of Delft, then shootings take place on the other'

Delft CPF chair Pastor Charles George explains what is happening on the ground and how communities could help.

Central banks pumping money into global economy 'artificially keep wolf at bay'

Central banks pumping money into global economy 'artificially keep wolf at bay'

Economist Dr Azar Jammine of Econometrix explains the inverted yield curve and the crumbling of global stocks on Thusday.

'Deportation doesn't succeed in keeping SA safer or keeping people out'

'Deportation doesn't succeed in keeping SA safer or keeping people out'

SA Research Chair at the African Centre for Migration & Society Prof Loren Landau discusses the move to deport foreign nationals.

Popular articles
Weighing up the cost and the benefit of a loyalty programme

Weighing up the cost and the benefit of a loyalty programme

Certified financial planner Paul Roelofse on choosing and unlocking the value of loyalty programmes.

'Aarto bill there to create revenue, not to promote road safety'

'Aarto bill there to create revenue, not to promote road safety'

Rudie Heyneke outlines Outa's objections to the traffic demerit system signed into law this week.

'The comedy of errors shows Mkhwebane serving Absa a subpoena intended for FNB'

'The comedy of errors shows Mkhwebane serving Absa a subpoena intended for FNB'

Mail & Guardian investigative editor Thanduxolo Jika unpacks the Public Protector's legal battles.

SA announces visa waivers for four counties

SA announces visa waivers for four counties

Home Affairs Minister Aaron Motsoaledi says Qatar has also relaxed entry requirements for SA citizens.

How to buy your first share (even if you only have R50, or less)

How to buy your first share (even if you only have R50, or less)

Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.

 Motshekga to implement 'consequence management' at catastrophic schools

Motshekga to implement 'consequence management' at catastrophic schools

Basic Education Minister Angie Motshekga has called South Africa's education system a "national catastrophe" and a "crisis".