Wednesday 2019-06-19

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SWAZI JIVE CLINCHES MULTI-MILLION SA DEAL

By Setsabile Nkambule | 2019-04-16

SWAZI Jive Entertainment , under the directorship of Sakhile Nkambule, has announced that it has signed a multimillion Emalangeni deal with South African Dynasty Property group Director Phiwa Maphanga.

According to Nkambule, the partnership was about the sale of an undisclosed percentage of the Swazi Jive shares. The deal was signed and concluded over the past weekend. 

“Swazi Jive entertainment has signed an agreement with South African property empire Dynasty Property Group.

Dynasty Group has invested into Swazi Jive as shareholders, a franchise worth millions of Emalangeni/Rands which will see the two entities forming a new company to operate in South Africa,”  Nkambule briefly said.  He stated that projects underway will come from the new agreement and would be announced in due time once all necessary structures had been put in place. “It is an exciting time for Swazi Jive and we welcome Dynasty Group on board.  This is exactly what we need to be doing as  Emaswati because 2022 is not the king’s vision, it belongs to all of us and I’m happy to say Swazi Jive is already there!” he said.

The Entertainment Desk was not able to get Maphanga’s comment on the deal, as according to Nkambule he was busy.

Nkambule mentioned that this was just the beginning and that people should be on the lookout for them, as they will be soon be doing something big.  Dynasty Property group is a Johannesburg-based property development company that owns residential properties, including hotels in Sandton.

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