WATCH: DJ Sbu opens up ‘I owe SARS millions’
South African musician and businessman DJ Sbu opened up saying he owed millions not only to SARS but individuals as well.
South African musician and businessman Sbusiso “DJ Sbu” Leope says he owes the South African Revenue Service (SARS) millions.
DJ Sbu remains one of the most successful artists in the country, and he is vocal about his businesses. His MoFaya energy drink remains one of the ventures he has been pushing so much recently.
His social presence has convinced some fans that he is financially sound and does not have debts. Surprisingly, the musician had a lot of debt that most fans could not believe.
Speaking on his YouTube handle, DJ Sbu explained how Covid-19 affected him financially.
“I’m in debt right now, I owe SARS millions, I owe people millions…”
DJ SBU OPENS UP ABOUT OWING SARS MILLIONS AND LIFE AFTER COVID
Speaking to his fans, the talented star encouraged them to keep up and move on from what Covid-19 caused. He also said of his online radio failing because of Covid-19 but believed it was a moment to reflect.
He said the Covid-19 restrictions left him in debt as people had invested in his ideas. The talented musician said things were hard but that he is starting to earn money from some of his ventures.
“I’m in debt right now, I owe SARS millions, I owe people millions…” 😳😳😳
DJ Sbu says he’s still recovering from what he went through during Covid-19, he lost a business. 💔
FULL: https://t.co/82buWfScbd
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MZANSI REACTS
After DJ Sbu said that he owed millions of SARS, fans were surprised by what he said.
@Tshidi_G “Kante did he say he is a billionaire maloba nyana mo? Talking about owning Land, hehe. This guy wa lapisa mara hey, yohhh.”
@Lungelozungu20 “People don’t understand business judging from the comment section; he’s not broke but is in debt; you can start a business with debt; most businesses, poor or successful, are in debt cause the game is all about loans, finance & lending☺️ if you not in debt you won’t be successful.”
@Mayo6Tee “Eeeh, What happened to my Land? I make income from it?”
@The_boy_Cal “Got a brand new book, brand new album’ he is scamming us to buy the book, ka fictional sad story.”
@SandileN96881 “Gaslighting us into feeling pity where he’s living large. Those debts are his, and how he pays them that’s for him to deal with.”
