South Africa’s Minister of Transport Fikile “MR Fix” Mbalula has come out to blast self-proclaimed tycoon, Lebo Gunguluza’s On The Dragon’s Time Millionaire Masterclasses, which are scheduled to take place at Montecasino.
And according to reports, this is the same Lebo who allegedly had his car repossessed by Standard Bank!
“This Gunguluza talk is absolute bullshit, which business is he running that is successful?” questioned the Minister.
Sports broadcaster, Mpho Letsholonyane also weighed in on the matter asking what has Lebo Gunguluza pioneered.
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“Pioneer of 4IR? What has he pioneered? Genuinely asking,” wrote Mpho Letsholonyane.
According to a poster shared across social media, Lebo Gunguluza will avail himself for a full day to share his journey and the principles he used to make his first million.
“He shares opportunities, challenges and lessons learnt on building a multi-million business empire in South Africa, as well as outcomes and lessons learnt from his five-year 12-12-12 mentorship programme, where he managed to create a number of millionaires. He goes on to provide critical tips and advise on how to pitch successfully to investors for business and provides an opportunity for entrepreneurs to pitch to him and his executive team,” reads some parts of the poster.
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The costs of the so-called Masterclasses are from R950 – R3450.
According to reports by Sunday Sun, this is the same Lebo Gunguluza whose BMW has been repossessed by Standard Bank after he failed to keep up with the instalments.
According to the paper Lebo Gunguluza was supposed to pay R5700 a month and the principal debt was R297 171.00.
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They further reported that the vehicle was going to be paid up in December 2021 if Lebo Gunguluza had kept up with the monthly repayments of the car.
On his Instagram profile, Lebo Gunguluza claims to be the chairman of New Gem Group and Izani Enterprises. Payment Systems Specialist, Disruptor, Finch Pioneer and Dragon. KBN Entrepreneur of the year.
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