This is the Biggest Fraud in South African business history

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  • Опубликовано: 8 ноя 2024

Комментарии • 541

  • @ThomasVorster
    @ThomasVorster Год назад +41

    Dude!!! you are out of this world. Keep it up. You make us proud to be South African. This is world-class level Journalism,

  • @MbusoSikhakhana
    @MbusoSikhakhana Год назад +64

    Keep going bro, we're here to witness history being made. This is so refreshing man!

  • @curtisgreen4620
    @curtisgreen4620 Год назад +8

    Great ti hear these stores narrated with a SA accent. Sending love to Mzansi from HK, China

    • @MelusiJubane
      @MelusiJubane  Год назад

      Thank you for taking the time to watch

  • @FavourUremz
    @FavourUremz Год назад +36

    I love your videos mehn, the research, the editing, the pacing!! youve gat mad skills mehn

  • @beeshozi3241
    @beeshozi3241 Год назад +14

    I am completely proud of of such a youngen who ensures his knowledge is never stifled ❤ well done 👏🏽👏🏽

  • @Philly_btc
    @Philly_btc Год назад +37

    Your onto something big king, well done on your journey loving the content and message delivery

  • @alicekenworthy9603
    @alicekenworthy9603 Год назад +7

    Masterpiece of investigative journalism … exposing how enough is never enough where greed is concerned. Your skill is an absolute asset to our country …

  • @Michigan1574
    @Michigan1574 Год назад +56

    Well done Mel. Another great work of financial journalism. If you compare the demographic of the Pension Fund Contributors collectively housed in the PIC, against the business ventures that the PIC chooses to invest in, such as this Steinhoff catastrophe, then it's easy to see why Unemployment is particularly high amongst blacks. Even their Pension Funds are invested in business ventures that do not benefit them so where should the so called jobs come from?

    • @MelusiJubane
      @MelusiJubane  Год назад +6

      Thank you, yeah these things really go deep

    • @Stormlucy111
      @Stormlucy111 Год назад +3

      You are of course aware that PIC (Public Investment Company) is actually a government owned and run company.....therefore that company actually belongs to the South African people, your tax money hard at work

    • @VANDERWALTTINA
      @VANDERWALTTINA Год назад +1

      ​@@Stormlucy111yes, the PIC squandered trillions of money belonging to the people of SA, not the corporation Rep of SA

  • @nhlanhla_unleashed10
    @nhlanhla_unleashed10 Год назад +41

    Can we get an oppenheimer video after this?

    • @MelusiJubane
      @MelusiJubane  Год назад +7

      I think i must keep this as a substitute if the next topic doesn't have information

    • @loveandlight3486
      @loveandlight3486 Год назад

      Weird I was directed there:
      ruclips.net/video/YVRD24Js3go/видео.html

    • @merle-wq9ir
      @merle-wq9ir Год назад

      😂😂😂

  • @noxolotshabangu8055
    @noxolotshabangu8055 Год назад +6

    Thank you for keeping this story alive. This man must rot in jail.

  • @BhayekaTshazi
    @BhayekaTshazi Год назад +41

    Bra you're a national treasure thank you for bringing us such incredible and well researched videos
    God bless you and you hustle bro❤️🤞🏾❤️

    • @MelusiJubane
      @MelusiJubane  Год назад

      Thank you, that's kind of you to say

  • @nottheoneneo9471
    @nottheoneneo9471 Год назад +19

    i wrote a paper about the fall of steinhoff in my first year of varsity for a business english module and i have to say even though i did really well in that paper, i wish this video was released four years ago

    • @MelusiJubane
      @MelusiJubane  Год назад +2

      Thank you, i appreciate that, i tried my best even though this topic was quite hard to research

    • @nottheoneneo9471
      @nottheoneneo9471 Год назад +1

      @@MelusiJubane you did very well man, i hope that through this channel you get all the reward of your hardwork

  • @luyandaqhinebe1958
    @luyandaqhinebe1958 Год назад +19

    We need RUclipsrs like this as the black youth don’t stop dawg 🙌🏾

  • @kidexclusive2960
    @kidexclusive2960 Год назад +14

    You should make a video on how this big companys like Nasper and Remgro including the one you mentioned own everything in our homes from food to furniture and how we trapped in a rat race.

    • @firstcomment749
      @firstcomment749 Год назад

      Logic says, there are lots of level headed, competent young ppl ready to take the reigns from the corrupt to the core political old age home. Keep up the good work + be on the lookout for ppl who can save this broken down country.

  • @drawingyoutube4291
    @drawingyoutube4291 Год назад +4

    I'm glad I stumbled upon this channel, thanks RUclips algorithm. Keep up the phenomenal work bra👍

  • @lwandongcangca3322
    @lwandongcangca3322 Год назад +18

    Love your content brother, it's very helpful to some of us curious South Africans

  • @HouseMusicNationSA
    @HouseMusicNationSA Год назад +14

    You are a star melusi jubane
    You make best documentaries 🙌

  • @Livinginsatv
    @Livinginsatv Год назад +1

    Melusi great job! I have seen all your videos by now. Outstanding! Please can you see the GMO business in ZA. Can South Africans trust what they are eating?

  • @Sicelo_Mhlongo
    @Sicelo_Mhlongo Год назад +16

    This is gold, top tier information.

  • @MsKay287
    @MsKay287 Год назад +23

    This channel is fast becoming my favorite RUclips channel. Your videos are do informative and so interesting.

  • @selaeloseshabela8212
    @selaeloseshabela8212 Год назад +4

    MelusiJubane, I understand the economy, global market and other finincial engines better since I subscribed to your channel. You are a good educator.

  • @Namedi_M
    @Namedi_M Год назад +7

    This is the best RUclips channel I’ve seen in this country so far.

  • @craybrancele8489
    @craybrancele8489 Год назад +15

    Yet again a standing ovation 🔥🔥

  • @karabovincent4789
    @karabovincent4789 Год назад +14

    Damnit bro this is mindblowing content! 😮 You the greatest

  • @Khanandath
    @Khanandath Год назад +7

    We appreciate your approach and Research your presentation is great my brother keep it up.

  • @orapelengmafoko7783
    @orapelengmafoko7783 Год назад +5

    Thanks to Mac G I discovered this channel 👊🏿👊🏿 so educational

  • @bongisizwebuthelezi1238
    @bongisizwebuthelezi1238 Год назад +3

    Great work bro, you are great at this, you make it sound so simple and I feel like this is still like a tip of what you can do, you have a great potential, I can't wait to see you unleashing it to your full potential, the world will be shaken.

  • @skazzi2g
    @skazzi2g Год назад +1

    What an unbelievably well made documentary!! Do make that longer version please.👌💯

  • @jayharper2959
    @jayharper2959 Год назад +5

    Heard about you from MacG on podcast and chill. binge watching. love your content

  • @joehatting2982
    @joehatting2982 Год назад

    Well done my brother. You are well informed. Hard worker and will to bring out the truth. You are a breath of fresh air. You are well spoken and educated. Just become a fan. Keep it up.
    J

  • @serioustalkwithbhudax
    @serioustalkwithbhudax Год назад +3

    Don't comment much on your channel but I've been around. Great to see the growth. 💪🏾

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Thank you, I'm glad you are still around

  • @str8xrippin
    @str8xrippin Год назад +15

    Bro it's so good to see you blossoming so much in home soil. I actually can't believe it. Keep pushing ntwana it's truly amazing work you're doing. Subscribed🔥

    • @MelusiJubane
      @MelusiJubane  Год назад +2

      Thank you, I'm glad i decided to focus on local stuff

  • @phenyosebaeng
    @phenyosebaeng Год назад +6

    Imagine appointing a CEO you trust , only for him to destroy your businesses 😭😭😭

  • @Dino-ns9jx
    @Dino-ns9jx Год назад +5

    One day our GEPF is going to disappear, stru🤞. Thank you Jubane what a great lesson

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Thank you for taking the time to watch

  • @waltervetri2476
    @waltervetri2476 Год назад

    Great journalism .South Africa .Vetri EC Komani 🙏🇿🇦🇿🇦🙏

  • @katleholesenyeho3218
    @katleholesenyeho3218 Год назад +2

    This is beautiful work my guy keep it up. First got wind of this crazy event in the book S MAFIA....

  • @hawasattar2241
    @hawasattar2241 Год назад

    Thx Mel. U talking the TRUTH. Why do ppl still shop at Shoprite? Refurbished New look SHOPRITE with stolen PIC monies?

  • @ketie_
    @ketie_ Год назад +3

    MacG sent us here… Can’t wait to binge all your videos

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Welcome, he really did something wild there 😭🙏

  • @TshimbiluniNedambale
    @TshimbiluniNedambale Год назад +5

    I love every video that you post it show you have done proper research
    suggestion:
    I think you also do a proper video on south african people that were implicated on panama and pandora paper leaks

  • @ObletsLavish
    @ObletsLavish Год назад +6

    nice video Melusi, great effort in putting it together. however, i have a suggestion for future videos. it would be great if you could cite your sources to provide additional credibility and allow viewers to explore further if they're interested. additionally, i noticed a comment about the panama papers that may have come across as dismissive towards viewers. it's important to foster a positive and inclusive environment by assuming that viewers have varying levels of knowledge.

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Problem is i can't place too many links in the description and i don't know how others do it

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Ohh yes it was dismissive when i think about it, i didn't go into detail explain it in detail

  • @nhlanhlazwane9465
    @nhlanhlazwane9465 Год назад

    Thorough, Precise and articulated! Amazing!

  • @hmvanzyl6271
    @hmvanzyl6271 Год назад +1

    Excellent Content, proudly SA!

  • @eternallife6023
    @eternallife6023 Год назад

    I just came across your channel yesterday. You're the real deal my friend. You've earned yourself one more subbie.

  • @mohammedamod4993
    @mohammedamod4993 4 месяца назад

    So impressed with this video and your work. Well done. Salute.

  • @mgt4958
    @mgt4958 Год назад +2

    Great work bro! I’m interested to know where Giant investors like the Oppenheimer’s & Ruperts were when the acquisition for Shoprite was taking place

  • @sihlemangcobonga5820
    @sihlemangcobonga5820 Год назад

    We need these kind of mini documentaries for SA businesses.......will subscribe

  • @Red_Spear
    @Red_Spear Год назад +3

    Keep up the good work. This was a well presented summary

    • @MelusiJubane
      @MelusiJubane  Год назад

      Thank you, i appreciate you taking the time to watch

  • @nzuzogwala2653
    @nzuzogwala2653 Год назад

    🎉 I'm happy to find a channel like this in Mzansi subscribed and bell turned on.

  • @caller2GOD
    @caller2GOD Год назад +1

    As a content creator myself I greatly appreciate and salute your efforts, you are real makoya🎉🎉🎉

  • @ronellebackhouse3523
    @ronellebackhouse3523 7 месяцев назад

    Brilliant
    You must be very proud of yourself
    Thanks for all the valuable info

  • @jn8922
    @jn8922 Год назад +7

    Well done on this video. We don't see quality videos based on facts often in South Africa...its mostly just emotional and theoretical opinions. But you did such a good job and providing a short, to the point, fact based video. It really was a pleasure to watch.

    • @elizesteyn1519
      @elizesteyn1519 Год назад +1

      Freez their accounts and let they pay back. Thanks for the truth 😢

  • @siphesihlehlophe4194
    @siphesihlehlophe4194 Год назад +5

    Podcast and chill sent us here😊

  • @pamelatire8386
    @pamelatire8386 Год назад +4

    Thank you so much for this. Can you also bring to light the Sodi story

    • @MelusiJubane
      @MelusiJubane  Год назад

      Imma check it out

    • @AYANDA261
      @AYANDA261 Год назад

      That Guy must be checked Melusu seriously

  • @nivenrowe59
    @nivenrowe59 Год назад

    Thank you for sharing this. It's terrifying. 😮

  • @njabulokhumalo8970
    @njabulokhumalo8970 Год назад +1

    I love your editing ,your research and visuals ,truly creative ...Masterfully done documentary style video Respect 🎉🎉

    • @MelusiJubane
      @MelusiJubane  Год назад

      Thank you, i been working hard to make them reach a level where they feel like mini documentaries

  • @ntokozofish
    @ntokozofish Год назад +4

    The best youtuber in Africa. 20k subs here we come.

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Thank you for the kind words, I'm just trying 😂

  • @segoacc1418
    @segoacc1418 Год назад +3

    I always tell people that most of these Wealthy folks commit some serious Financial crimes because of the things they own and the unbeliveable access to credit and also having relationships with Elite Rich People.. Dope Video @MelusiJubane ...

  • @DrWHO77
    @DrWHO77 Год назад +6

    I SUBSCRIBED IVE BEEN SUPPORTING USA NIGGAS AND THEIR DOCS IM HAPPY WE FINALLY HAVE OUR OWN❤❤❤🔥🔥KEEP THE GOOD CONTENT COMING👑

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      Thank you, that was the goal, to bring the wave that jake tran started when he inspired others like James Jani

    • @DrWHO77
      @DrWHO77 Год назад

      @@MelusiJubane Dont end up like him tho Maintain the quality not Quantity 🤣🤣

  • @PantheraLe0
    @PantheraLe0 Год назад

    A South African RUclips channel I have been looking for, thanks brother.

  • @SphaMkhize
    @SphaMkhize Год назад +2

    Great staff, I wonder if you have a team because you will burn out as the Channel grow, it's good to have a local version of Dagogo. Big up

  • @enadiedericks2006
    @enadiedericks2006 Год назад

    Thank you, Malusi! Great summary.

  • @israelmadinane2030
    @israelmadinane2030 Год назад +4

    You must be protected at all costs...

  • @bryanbabusi4977
    @bryanbabusi4977 Год назад

    Beautiful video,you are a good RUclipsr,you are doing amazing plus true basic story big time
    Keep it up

  • @KingZE-V88
    @KingZE-V88 Год назад +4

    These big corporate holdings now have a lot of powers across world regimes

    • @MelusiJubane
      @MelusiJubane  Год назад +2

      Very true, it's extreme, especially blackrock

    • @KingZE-V88
      @KingZE-V88 Год назад +2

      @@MelusiJubane And it's really crazy that people only find out about this now.Blackrock, Vanguard and Charles Schwab they have over $40Trillion control of assets in the World Market

  • @mfanafuthialfred6894
    @mfanafuthialfred6894 Год назад +1

    Very good investigation journalism 🤞🏽.. even journalist are watching here

  • @BlaqSwizzSemela
    @BlaqSwizzSemela Год назад +81

    Man you should hide your identity by now, im a bit scared for you,the information you spilling is heavy

    • @pmotsepe
      @pmotsepe Год назад +25

      It's public information every1 knows it

    • @Thabang-st4bw
      @Thabang-st4bw Год назад +11

      Lol some comments make me wonder🤣

    • @MelusiJubane
      @MelusiJubane  Год назад +50

      I doubt they will go to those extremes, maybe the taxi association if i dared to touch it

    • @billyphillip166
      @billyphillip166 Год назад +8

      @@MelusiJubane 😂😂dont do taxi association 💣

    • @MelusiJubane
      @MelusiJubane  Год назад +8

      @@billyphillip166 yeah that one is a line i draw 😂, unless if i just speak about it having alotta money

  • @mistercup8280
    @mistercup8280 Год назад +1

    Well done ,appreciation from Botswasna..

    • @MelusiJubane
      @MelusiJubane  Год назад

      Welcome welcome, glad you landed here

  • @lingenehlophe9275
    @lingenehlophe9275 Год назад +3

    If I could subscribe a million times🔥🔥🔥🔥

  • @normansindana4366
    @normansindana4366 Год назад

    There is so much that we yearn to be revealed including the final outcome of Marcus prosecution results and more facts from actual findings after he bamboozled our Parliament that he was victim of targeting by Germany.
    Please do a follow-up. There is too much meat in this for it to be left alone. Great 👌 work my brother 🎉🎉🎉

  • @karabomasimola2412
    @karabomasimola2412 Год назад

    I thanks God for giving south Africa this companies to employ our sisters and brothers❤❤❤🎉

  • @TheMohulos
    @TheMohulos Год назад

    This channel rocks, dude paying for fibre is worth it when there is channels like you around. please man we need one video a week now. Please do more, cause load shedding when it hit you dont know what to watch. but content like yoz is nice. please do more . Thanks for the content

  • @tshwanemoremi5447
    @tshwanemoremi5447 Год назад +2

    I’m here because of podcast and chill 😂😂

  • @MphumziNjovana
    @MphumziNjovana Год назад

    Oh! I love your work bro, I hope you WIN! Keep at it 🤝🏽👌🏽👑

  • @sizwemtshali4557
    @sizwemtshali4557 Год назад +3

    chillers have landed🔥🔥👋🏿👋🏿

  • @BhayekaTshazi
    @BhayekaTshazi Год назад +2

    And thanks to you I'm reading that Stellensbosch Mafia book
    We gotta know what's going on out here

  • @lonwabomatya3083
    @lonwabomatya3083 Год назад +1

    I subscribed, I'm here because of Mac G, love the content.

  • @sifisonxumalo6221
    @sifisonxumalo6221 Год назад +9

    Greatest content provider! ❤

  • @patmdoda9567
    @patmdoda9567 Год назад

    Thank you for this content. We will never get this from the Main Stream Media. Never!

  • @jimmy_octane
    @jimmy_octane Год назад +1

    Siyabonga Jubane!
    Please add chapters to your videos so we can follow your complex analysis.

  • @sonwabiledzanibe7221
    @sonwabiledzanibe7221 Год назад

    Your videos are incredible bro, have johnny harris vibe. the pacing is spot on. just need good scoring and it will be next level good.

  • @NDIZOPOPA
    @NDIZOPOPA Год назад +3

    Great journalism ❤️

  • @nsikagcabashe
    @nsikagcabashe Год назад +1

    MacG sent us here. Dope content.

  • @karabo.county
    @karabo.county Год назад

    Melusi is the Jake Tran of South Africa🤝🏽
    Quality content all round

  • @sphynxeastwood
    @sphynxeastwood Год назад +1

    Keep on applying pressure my boy.

  • @SAapproves
    @SAapproves Год назад +6

    I know a lot of investors who experienced severe losses from investing in this company. They thought I was crazy that its not on my top 10 list.

    • @MelusiJubane
      @MelusiJubane  Год назад +1

      That's wild, i need to study more about stocks and shares

    • @SAapproves
      @SAapproves Год назад +1

      @@MelusiJubane You should... The stock price dropped from R60 per share to now R0.05 p.s its now worthless!

  • @letukalehloka1380
    @letukalehloka1380 Год назад

    Ive watched a few of your videos and they are highly impressive

  • @mlfashions7165
    @mlfashions7165 Год назад +14

    Mr Jubane your editing and narrative skills are out of this world. Shows dedication.
    How long does editing take?
    Regards

    • @MelusiJubane
      @MelusiJubane  Год назад +2

      A 20 - 25 minute Video as a whole takes me 6 days to a week to finish, the editing is probably 3 to 4 of those days because I'm now used to my video creation process

    • @MelusiJubane
      @MelusiJubane  Год назад +2

      But if someone is starting it would take about 2 weeks

    • @arkfacts05
      @arkfacts05 Год назад +1

      @@MelusiJubane which editing software you use?

  • @jhelm1712
    @jhelm1712 Год назад +2

    The anc surpassed this company , they've looted trillions not billions!!!...This is a small piece of state capture !!😂😂😂😂

  • @shanaazabrahams1319
    @shanaazabrahams1319 Год назад

    My mind can't wrap itself around the size of that amount of money

  • @motivationsucesshub226
    @motivationsucesshub226 Год назад

    Man your videos editting skills are sick keep it up bro.

  • @amapianogroove1605
    @amapianogroove1605 Год назад +3

    So much knowledge earned from u

  • @RETforever537
    @RETforever537 Год назад

    Bra, I love ur channel, especially because it's got an Afrocentric perspective.
    Sharp 👍🏾

  • @Tshepo_8
    @Tshepo_8 Год назад

    I love the business world and im currently studying Marketing , this story shocked me 😮😮

  • @daCuddz
    @daCuddz Год назад

    Dope work guys! I thought the title was about Vusi honestly 😂

  • @CallherMsLee2
    @CallherMsLee2 Год назад +2

    He's done it again 🌟 great content

  • @meltul
    @meltul Год назад +3

    This is a good investigative report. Unfortunately, I do not think these people will be held accountable. This should change in society.

  • @marthabooth4085
    @marthabooth4085 Год назад

    Brilliant work !!!

  • @oohnahtea
    @oohnahtea Год назад +4

    Best channel in SA

  • @bradleym2745
    @bradleym2745 Год назад +1

    Bro 😂
    Your content is dangerous 😂😅
    Love it though. Keep them coming 🔥🔥🔥🔥🔥

  • @normansindana4366
    @normansindana4366 Год назад

    In their quest for acquisitions what was their gearing ratio and did that not threaten bankruptcy due to liquidity threat