These may not be the best of times for South African media personality DJ Sbu, as he is said to be in debt over a loan he took in 2018 to establish a radio station called Massiv Metro.
By agreement, according to reports, he would pay R100k each month for three years, beginning from when he took the loan. However, he has been unable to fulfil his debt obligations, leading to talks of liquidating the station and recovering assets from him.
The company is currently facing liquidation, But this isn’t even the first time the station will face a crisis of sorts. Previously – and this has not even been resolved – it was reported that the station was owing employees, including some of those it had laid off.
While he appears to be under pressure in his Massiv Metro venture, the songster also appears to be doing well with his energy drink brand, MoFaya. He recently celebrated the money the brand was established, with a picture of him and his associates at what appeared to be the MoFaya factory back in 2014.
Well, it is unclear how DJ Sbu will handle the current crisis. But his fans out there are already wishing him the best and hoping he resolves everything.