- Cassper Nyovest has signed a R100 million equity deal with Drip Footwear and the internet exploded with excitement
- The deal was signed on top of The Leonardo Hotel and Cassper said that the deal was a dream come true
- Celebs took to the internet to congratulate Cassper, from DJ Zinhle to Fikile Mbalula everyone was amazed by the deal
Cassper Nyovest has just signed an absolutely massive deal between himself and Drip Footwear. The historic contract is worth an unbelievable R100 million.
Cassper has hinted earlier during the day that he had some big news to announce but no one had any idea that it would be this big.
Briefly News had learned earlier that something big was afoot and posted that #TheLegacyDeal was trending online.
The deal was signed on the tallest building in Africa, The Leondardo Hotel, to mark the magnitude of the contract.
Cassper and the founder of Drip Footwear Lekau Sehoana held a press conference on top of the building.
Sehoana signed an equity partnership deal with Nyovest, real name Refiloe Phoolo
He posted a video online saying that his hard work had finally paid off and he's driving through Johannesburg in Bentley. He revealed that when he'd first arrived, he'd come to the city in the back of a van.
"This is what dreams are made of. It's moments like these that redefine history. A shift of power," Cassper said during the press conference.
"Our industry is growing... I am so proud, congratulations @casspernyovest.. This is big!
Sending you a bottle of @BoulevardRose to celebrate "
"Young, black and BRILLIANT! We are the ones we’ve been waiting for! @casspernyovest, @DRIPFootWear, #TheLegacyDeal, LOVE TO SEE IT!!! Congratulations! "
"Congratulations to Family Tree & @DRIPFootWear on their new deal. I'm very proud of these black-owned businesses. May God bless your journey & partnership to great heights.
Collaboration is key. Thank you for inspiring new generations & showing us that it's possible. God speed"
"Congratulations! @casspernyovest super we are pleased to see wealth multiply out of sheer talent . God blessModimo ke oo."
" THIS IS HUGE! Congratulations @casspernyovest and @DRIPFootWear / @LekauSehoana"
Earlier, Briefly News reported that Nota Baloyi recently came forward to reveal what he offered both AKA and Cassper Nyovest to do a collaboration and obviously got shut down.
Taking to social media, Nota explained how he offered AKA and Cassper one million rand to do a collaboration, and he is still willing to pay that if they step forward.
“I offered AKA and Capper a million rand each to do a joint album... I still have that money on the table. Who does it make business sense for me to offer the same deal to?”
Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!