How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen

- | 3 months ago

Markus Jooste… he desperately wanted to be part of that group… it didn’t turn out so well… It is a closed society… — Pieter du Toit, Assistant Editor - News24 On the weekend, Pieter du Toit’s new book “The Stellenbosch Mafia: Inside the Billionaires' Club” made headlines.

Various publications published excerpts from it describing how closely connected the EFF’s Floyd Shivambu is to Johann Rupert. If public the EFF decries Rupert and “white capital” but, claims Du Toit, Shivambu and Rupert are close enough to have worked together on a few occasions.

The Money Show’s Bruce Whitfield interviewed Du Toit, asking him how the “Stellenbosch Mafia” works.

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