Investor leaves Eleven Angels
Friday, October 13, 2023 | 1020 Views |
Changes: Mpatane confirmed Kgathola’s departure PIC: PHATSIMO KAPENG
Earlier this week, MmegiSport learnt that Kgathola who was brought in amid much fanfare, no longer holds any shareholding at the club. In April, Kgathola was allocated 50% ownership of the club while Mpatane retained a 50% stake.
Before Kgathola’s arrival, Mpatane enjoyed sole ownership of the club. However, CIPA (Companies and Intellectual Property Authority) records have now allocated Kgathola the designation of former director. Records also show that Mpatane has since assumed full ownership of the club once again. Furthermore, CIPA records state that Kgathola officially ceased being part owner of the club last week Friday. Various sources maintain that Kgathola has not been involved in the affairs of the club for some time.
A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...