Business

Adapt IT sale emerges unscathed by assault allegations against CEO

Sbu Shabalala is accused of orchestrating an attack of estranged wife’s partner, but a purchase of his firm will go ahead regardless

11 May 2021 - 16:27 By Jane Steinacker

The sale of Adapt IT may not be affected by the recent damaging claims against founder and CEO Sbu Shabalala, with one of the bidders for the company saying the offer stands.

Shabalala is accused of arranging an assault of his estranged wife’s partner on May 1...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Related articles

  1. Karpow! Powership firm called in to bail out Eskom hits back over claims of ... News
  2. Principal admits to beating at school where Lufuno Mavhunga was bullied News
  3. Can a murderer change his spots? Questions remain after ‘family man’ is gunned ... News
  4. NEWS FEATURE | Into the murky world where the Bulgarian mafia, a Cape ship and ... News
  5. EDITORIAL | If it’s OK for Steinhoff, it should be OK for Ace and Sodi Opinion & Analysis

Most read

  1. BUDGET | Upset about IMF loans? Been there, done that, says Godongwana Business
  2. DBSA gives green light to finance energy-efficient initiatives Business Times
  3. Islands in the stream: DStv hopes Portuguese channels will nix Netflix Business
  4. Green light for Tongaat to pursue rights issue and slash debt Business
  5. De Beers hoiks up diamond price as world falls back in love with gems Business

Latest Videos

Budget 2022: Godongwana has money for Eskom, predicts low growth for SA
'IMF is an instrument of colonialism': EFF's Floyd Shivambu bashes ...