DJ Sbu in hot soup, owes R15 million
DJ Sbu in hot soup, owes R15 million. South African media personality and award-winning musician DJ Sbu, also known as Sbusiso Arthur Leope, is facing a hefty R15 million tax bill from the South African Revenue Service (SARS). According to recent reports, SARS obtained a default judgment against Leope at the Johannesburg High Court last week after he failed to pay a debt of just under R5 million for personal income tax.
This debt reportedly grew to over R14 million with the addition of more than R4.4 million in additional tax and R4.7 million in interest after several defaults.
DJ Sbu in hot soup, owes R15 million
This is not the first time that Leope has faced tax issues with SARS. In 2018, SARS obtained a default judgment against him for failing to settle over R2.2 million in tax. Leope, who co-owns iconic record label TS Records with businessman-turned-politician Thembinkosi “TK” Nciza, has not yet responded to these latest claims.
Attempts to reach out to Leope for comment were unsuccessful as he ignored phone calls and did not respond to text messages. This news comes just a few months after music duo Major League DJz were hit with a R9 million tax bill, and Gang of Instrumentals lead singer Tumi Masemola received a R1.4 million tax bill.
It is crucial for all individuals and businesses to pay their taxes as it is a legal obligation and helps to fund essential government services and infrastructure projects. By not paying taxes, one not only risks facing penalties and interest but also undermines the efforts of the wider community to improve the economy and standard of living.
HERE IS EVERYTHING YOU DIDN’T KNOW ABOUT DJ SBU. DJ SBU’s BIOGRAPHY
DJ Sbu, also known as Sbusiso Arthur Leope, is a well-known South African media personality, musician, and entrepreneur. Born on December 31, 1979, in Soweto, Johannesburg, South Africa, he is a versatile personality who has made a significant impact in the South African entertainment industry.
DJ Sbu’s music career began in the early 2000s when he was a member of the kwaito group Tzozo & Professor. He rose to prominence as a radio personality and became one of the most popular radio hosts in South Africa, entertaining listeners with his humor and infectious energy. DJ Sbu was a radio host on Metro FM for several years and was awarded the “Best Radio DJ” award at the Metro FM Music Awards in 2006 and 2007.
In addition to his radio career, DJ Sbu has also established himself as a successful entrepreneur. He is the founder of a popular energy drink brand, Mo Faya, and co-owns the iconic South African record label, TS Records, with businessman-turned-politician Thembinkosi “TK” Nciza. DJ Sbu has also established himself as a motivational speaker and has authored several books, including “How to Make Money” and “The Rise of a King”.
DJ Sbu’s entrepreneurial skills and passion for education led him to start the Sbusiso Leope Education Foundation, which provides education and career development opportunities for underprivileged children in South Africa. The foundation provides scholarships, bursaries, and training programs to help students pursue their dreams and reach their full potential.
DJ Sbu is known for his philanthropy and dedication to giving back to his community. He has been recognized for his contributions to the entertainment industry and has received numerous awards and honors, including the “Entrepreneur of the Year” award at the Sunday World Prestige Awards in 2013, and the “African Trailblazer” award at the New African Woman Awards in 2018.
DJ Sbu is a true South African icon and an inspiration to many. He has made a significant impact in the entertainment industry, not just as a successful media personality and musician, but also as a philanthropist and entrepreneur. He is a true embodiment of hard work, determination, and the spirit of entrepreneurship. Despite his success, he remains humble and dedicated to his family, his community, and his passion for education and empowerment.
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