Beam Group closes down: Having a company is pointless when you’re AKA

Beam Group closes down: Having a company is pointless when you’re AKA

- AKA has revealed that he will be closing down Beam Group

- Prince Nyembe and AKA were co-owners of the company, but it is rumoured that they have beef

- Both Prince and the rapper have come out to clear the air in the last month, but it seems that there might be some truth behind the rumours

PAY ATTENTION: Click “See First” under the “Following” tab to see News on your News Feed!

AKA has dropped a bombshell by announcing that Beam Group will be closing its doors even though he claimed that everything was going smoothly only a month ago.

The rapper and Prince Nyembe started the company to promote start-up businesses and help them grow, but now AKA feels that the company has lost its way.

There have been rumours hinting that Beam Group was going under and that there was beef between the owners, but Prince came out to slam the rumours.

READ ALSO: The Feather Awards withdraws 2 celebs over alleged homophobic tweets

AKA also tweeted that everything was fine with them and that things were going well with the company, but learned that he has deleted the tweet in recent days.

To add fuel to the fire, Blaq Smith, a photographer for the company, and Tshiamo Letshwene, a road manager, left to pursue other opportunities.

PAY ATTENTION: Save mobile data with FreeBasics: Briefly is now available on the app

Both Blaq and Tshiamo had been rumoured to be fighting with AKA, but Prince has stated that there is no bad blood between them and that they left on good terms.

According to TimesLIVE, Prince issued a statement to reassure the public that there was no in-house fighting and that everyone was getting along.

However, Mzansi is not too sure about this.

Prince was AKA’s business partner and only a few weeks ago he announced that the company was doing just fine, but this is where things get confusing.

READ ALSO: Nasty C opens up about his bae, Sammie and their relationship

In a tweet, AKA claimed that he was the sole owner of Beam Group and that is his decision to close it down and to pursue other options.

So somewhere between then and now, Prince must have given up his share of the company because he had no idea that it would be shutting down, unless he chose to not reveal this information until it was finalised.

In true AKA style, he also threw some shade at Prince in a tweet where he claimed that he is the company, so why should he keep their business open.

READ ALSO: Celebs jump to defend Florence Masebe’s fight for artists’ rights

So, there must have been some beef between them.

The rapper has also revealed that Beam Group will no longer be representing him or managing him, instead he will be returning Vth Season, who previously managed him.

However, AKA, and Vth Season owner, Raphael Benza had a major feud which caught Prince right in the middle of it, but it seems that Raphael and Super Mega must have called a truce.

Do you have a story to share with us? Inbox us on our Facebook page and we could feature your story.

To stay up to date with the latest news, download our news app on Google Play or iTunes today.

Watch the animated video and head over to Briefly South Africa’s Youtube channel for more.


Mailfire view pixel