Nota Baloyi Says He Made Efforts to Rescue Drip from Liquidation: "It Had a Fighting Chance"

Nota Baloyi Says He Made Efforts to Rescue Drip from Liquidation: "It Had a Fighting Chance"

  • Music executive Nota Baloyi declared that he tried to save Drip Footwear from facing liquidation
  • The controversial public figure stated that the company had a fighting chance to survive because kids loved it
  • Mzansi reacted to Nota Baloyi's claims, saying he is notorious for saying he trying to save a lot of people

This week, the founder and CEO of Drip Footwear, Lekau Sehoana, sent a letter to his employees alerting them that the company would be liquidated. The news caused a social media storm, with people trying to figure out what happened to the once popular, proudly South African brand.

Nota said he tried to save Drip.
Nota Baloyi opened up about trying to save Drip from failing. Image: @lavidanota on Instagram/ Oupa Bopape on Getty Images.
Source: UGC

Drip Footwear gets liquidated

On Monday, 7 October, the employees of Drip Footwear received letters stating that they would be without jobs following liquidation.

“Dear employees, kindly note that the business has taken every measure to attempt and avoid the liquidation process. Unfortunately, this was an eventuality that could not be avoided, notwithstanding the measures considered by the business,” the letter read in part.

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Bonang Matheba, Boity Thulo, Minnie Dlamini and other Mzansi celebs with failed businesses

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Social media users were buzzing with the news, and some even slammed Cassper Nyovest.

Nota says he tried to save Drip

The controversial music executive Nota Baloyi stated that he tried to save Drip Footwear, adding that the company had a chance to survive.

He believed this because of the amount of support it received from kids and the general public.

"Kids love Drip, it had a fighting chance… I tried to help save it!"

Mzansi disagrees with Nota:

@RealBmkSA

"If ungathula at some point and say nothing, would that hurt?"

@MoMadibi

"Oh, you have lies Nota. I listened to one clip where you claim to have more international awards than the likes of Black coffee. So hay nje I don't know. It seems you over hype your capabilities more than you should. Which is what got you into this rape case in the first place."

Read also

Chris Brown's South African concert dragged into liquidation of Drip, fans enraged

@Alie_Clips

"You tried to save AKA. You tried to save PnC. You tried to save Kwesta. You tried to save MK party. Now You tried to save drip. You have main actor syndrome."

What you need to know about Nota Baloyi

Nota Baloyi, born on 20 March 1990, is currently 34 years old. Although many sources suggest he hails from Kampala, Uganda, Baloyi tied the knot with Zimbabwean-born Afro-soul singer Gugulethu Khumalo, known professionally as Berita, during the COVID-19 lockdown in 2020.

He is best recognised as the former manager and business partner of rapper Kwesta, with whom he announced the end of their partnership some time ago. Nhlamulo Nota Baloyi currently serves as the director of The Orchard, a subsidiary of Sony Music Entertainment, and is also the managing director of SoFet Urbantainment.

Chris Brown dragged into Drip's scandal

In a previous report from Briefly News, A user dragged South Africans for supporting Chris Brown's upcoming concert and not Drip Footwear, saying people like self-sabotaging themselves.

Read also

Nota Baloyi cries in court after arrest over rape allegations by actress Itumeleng Bokaba

The user @Thuso1Africa dragged Chris Brown into the liquidation of Drip, saying people failed to support their own.

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Source: Briefly News

Authors:
Jessica Gcaba avatar

Jessica Gcaba (Entertainment editor) Jessica Gcaba is an Entertainment Editor for Briefly News (joined in 2023). She is a Journalism graduate from the Durban University Of Technology (2019). She has 4 years of experience as an Entertainment and Lifestyle Journalist at Africa New Media Group writing for ZAlebs website. She passed a set of trainings from Google News Initiative. To reach her, contact: jessica.gcaba@briefly.co.za

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