News

The Rise and Fall of Dr. Mandla Lamba: South Africa’s Self-Proclaimed Youngest Billionaire

July 3, 2023

1 min read

Dr. Mandla Lamba, the self-proclaimed youngest billionaire in South Africa, has been facing a series of setbacks recently. These events came after Lamba failed to comply with a court order to pay his former employee, Christa Brits, R750,000 within a specified deadline.

Legal Woes for Dr. Lamba

Brits, a business developer, took the Agilitee Africa CEO to the Commission for Conciliation, Mediation and Arbitration (CCMA), claiming that she was unfairly dismissed by Lamba. The court ruled in favor of Brits, and Lamba was ordered to pay R750,000 in compensation by March 1st. However, he failed to meet the payment deadline, resulting in the court resorting to auctioning off his assets.

Auctioning of Lamba’s Assets

Among the items listed for auction were electric-powered bikes belonging to the controversial businessman. The Solidarity union warned Lamba in February that failing to pay Brits on time would result in the seizure and sale of his property to cover the outstanding debt.

The auctioned assets included Lamba’s store stock in Fourways, Johannesburg, office furniture, such as chairs and a reception desk, eight grey mini cy bikes, red mini cu bikes, a white mini cu bike, and two crash helmets.

Lamba’s Controversial Career

Dr. Mandla Lamba’s career has been fraught with controversy. He had previously served time in prison for culpable homicide and was linked to an investment scheme promising investors a return of R1 million per month if they invested R150,000.

Lamba’s Defiant Attitude

Despite his legal and personal troubles, Lamba has remained defiant, taking to social media to praise God for his success and achievements. In a recent post, he stated, “I am a God-fearing billionaire, and I am not ashamed of the gospel of The Messiah.”

FSCA Warning

The Financial Sector Conduct Authority (FSCA) has issued a warning to South Africans about Lamba’s social media activities, urging them to be cautious of his actions.

Dr. Mandla Lamba’s downfall serves as a cautionary tale for aspiring entrepreneurs and investors. As Lamba’s career continues to spiral downwards, his actions not only impact his business but also the reputation of South Africa as a whole.

Tragedy in George: The Collapse on Victoria Street and the Quest for Accountability

On May 6, 2024, a terrible tragedy struck in George, South Africa, when a building on Victoria Street collapsed, killing 34 people. The disaster was not just bad luck; it happened because of serious mistakes and neglect by officials and the construction company. An investigation revealed that safety checks were ignored and construction rules were broken, leading to a call for justice from Minister Thembisile Simelane. As those responsible face legal scrutiny, the community mourns the loss and demands accountability to ensure such a heartwrenching event never happens again.

The Migration of Millionaires: A Contemporary Odyssey

In 2025, the world’s richest people are flocking to cities like New York City, San Francisco, and Tokyo, with emerging hotspots like Dubai and Shenzhen gaining popularity. New York shines as the ultimate financial hub, while San Francisco thrives on tech innovation, and Tokyo blends tradition with modern flair. However, cities like Moscow and London are seeing declines due to political and economic issues. This shift in wealth locations shows that the rich are seeking places with friendly tax laws and luxurious lifestyles, reshaping the map of global affluence.

Latest from Blog

Taj Cape Town: Where Timeless Grandeur Meets Modern Indulgence

Taj Cape Town is a stunning hotel where oldworld charm meets modern luxury. Housed in a beautiful Edwardian building, it invites guests to step into Cape Town’s rich history while enjoying top comforts, delicious food, and warm, personal service. From waking up to views of Table Mountain to relaxing with awardwinning spa treatments and savoring exquisite meals, every moment feels special. The hotel also connects visitors deeply to the vibrant culture and spirit of the city, making each stay a unique and memorable adventure.

south african npo compliance it3(d) submission deadline

Meeting the IT3(d) Deadline: A New Era of Accountability for South African NPOs

South African nonprofits face a big deadline between April 15 and May 31, 2025, to submit important tax reports called IT3(d). This report keeps their ability to give donors taxdeductible receipts, which helps raise money and build trust. Missing the deadline can cause fines and loss of this key status, hurting their work and the communities they serve. Many groups are working hard, using new tech and teamwork to meet the deadline and stay strong. This yearly challenge pushes nonprofits to be more professional and transparent, securing their future.

nsri beach safety coastal rescue technology

Shores of Safety: How the NSRI’s Beach Camera Network is Changing Coastal Rescue

The NSRI’s Beach Safety Camera Network is making South Africa’s beaches safer by watching six risky spots with live video and trained watchers. These cameras spot trouble fast, helping rescuers jump into action before things get worse. The system respects people’s privacy and brings communities together to protect beachgoers. Thanks to this smart mix of technology and teamwork, more lives are being saved along the beautiful but sometimes dangerous coast.

Clouds Above the Cape: South Africa’s Teen Vaping Crisis

Teen vaping is growing fast in South Africa, with many young people using flavored nicotine vapes that are easy to find and heavily advertised. A big study found that nearly one in six teens vape regularly, and many show signs of addiction, worrying health experts. Vaping has become part of teen life at schools and social spots, fueled by cool images online and wrong ideas that it’s safe. Now, South Africa faces a crucial moment to pass strong laws and teach kids the truth before this habit takes deeper hold. Without action, many teens risk lifelong health problems hidden behind the clouds of sweet vapor.

Reimagining the Strand Street Quarry: Cape Town’s Next Chapter

The Strand Street Quarry in Cape Town is set to transform from a quiet, forgotten space into a lively community hub full of sports, culture, and fun. This special place, rich with history and surrounded by vibrant neighborhoods, will become a spot where people can play, celebrate, work, and connect. The city is listening closely to its residents to make sure the new space respects the past while welcoming the future. Together, Cape Town hopes to turn the old quarry into a bright, shared treasure for everyone.

the ultimate mother city guide