Joburg mayor Gwamanda ran illegal funeral scheme: FSCA

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Joburg mayor Gwamanda ran illegal funeral scheme: FSCA
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It is alleged that in 2012, Gwamanda, through his funeral insurance and burial scheme entity iThemba Lama Afrika, scammed Soweto residents into investing and making contributions every month.

18 June 2023 - 00:02Johannesburg’s executive mayor Kabelo Gwamanda operated an illegal business, posing as a financial services provider without the required licence, the Financial Sector Conduct Authority confirms...From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

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