This week the owner of Eyadini Lounge in Umlazi, Durban, admitted to City Press that he owed the SA Revenue Service millions, but insisted he had made arrangements with Sars to reduce his debt by paying monthly instalments.“Obviously selling my cars would help me pay my debts, including the money I owe to Sars. But my vision of selling these cars is big as I want to venture into other businesses, which I will disclose when the time is right.
This week rumours were doing the rounds that Sars raided Nzama’s house to repossess luxurious cars after he defaulted on his monthly instalment.“This is fake news. My cars were not repossessed. I volunteered to put my cars on auction because I realised that they were not bringing in money, yet I was paying a fortune every month.
“The competition is tough in this business. I am the only one whose Instagram account has managed to reach 500K followers. I am aware that not everyone is going to be happy for me and the success of my business.”
Source: Car News Wire (carnewswire.net)
Good move. He growing and he has gotten wiser. Success is not define by flashy possessions. For that reason Im ready to support him
Good move you he will recover Go katakata gase go tshaba ke go tseamaatla
Why did he buy this expensive cars in the first place if his finances where not alright?
Good idea
Noble move! Growth is born in such moves. This is a strategic killer move! For that next time I’m in KZN I’ll support eyadini! Big ups!
Wise decision
bozzie_t The important thing is he paid his debt.
bozzie_t Very sensible decision, never be worried about losing the wheels. Our white counterparts swallow bullets when they are faced with financial difficulty or bankruptcy. Keep going bro it is just a minor setback.EyadiniLounge
That tells me that people are spending without thinking about generational wealth..we are stealing from the future of our unborn generations.
As much as we will say all sorts abt black people & living lavish BUT I THINK as long as he was/is happy and most of all stayed away from the PUBLIC COFFERS...
This is Rolls-Royce Ghost and not Phantom
I salute him for realizing that those assets are not bringing in money. He will bounce back
Meat
I also sold my jacket to buy food at tertiary😭😭😂
Pay your taxes!Simple!Stop chowing Vat!
Filter worry king, you will bounce back ✊🏾
Or is this what Sizwe was talking about?🤔
Inxeba lendoda alihlekwa: dust up and rise again
Just pay what is due to Sars Sir, and bounce back. Learn from this.
PhilaN91
What was a purchased purpose at a first place?
_Bonga Bekumele abukele kuMax uMjay. Max is a good businessman I don't even know a single of his.
Is it meat king or meet? .....
Good move
I hope he bounces back
Idiot
I also sold my phone to pay my debt
Ho checha ha monna hase ho baleya keho nka matla
Isn’t that a Ghost?
Looks like a Ghost to me
Eish abantu bakuthi
Black Business man will always fail because of living luxury lifestyles for nothing.
This is not a Phantom, it's a Ghost
Lol meat king for the shisanyama - natives need to learn to pay their returns to avoid such embarrassing actions in future.
Meet....
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