- DJ Sbu along with businessman Khandani Msibi have joined together to help 20 black-owned businesses
- The pair are helping businesses so that they do not retrench workers and leave thousands unemployed
- This comes after major companies like Media24 announced the closure of a few major magazines and publications
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DJ Sbu is known for his work in helping the community. The media personality has partnered with businessman Khandani Msibi to give R400,000 to help 20 businesses stay afloat.
Briefly.co.za reported that Media24 has announced it will start consultations with staff about the possible closure of five magazines and two newspapers. The publisher will also consider taking two newspapers digital only and reducing staff in related support services. This restructuring process is expected to affect 1 100 jobs.
Sbu took to social media to offer relief after seeing how the Covid-19 pandemic is negatively affecting businesses across the country.
The 3Sixty Business Saver competition, which is run by DJ Sbu and 3Sixty Global Solutions CEO, Khandani Msibi, calls on all struggling companies to upload a short video explaining how the pandemic has affected their business and how the R20k would save them.
The criteria of entrants is that the business has to have been running for at least six months and it must be 100% black-owned.
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Meanwhile Briefly.co.za previously reported that DJ Sbu recently trended for performing a good deed. A Pretoria student pleaded with DJ Sbu to help pay her outstanding account amounting to R2 500. Instead of giving her a handout, Sbu invited her to sell Mofaya energy drink on the streets of Pretoria with him.
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