Whites-only enclave faces ruin as court rules against company owned by 'Kubus king' | Business

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A whites-only, Afrikaans-speaking enclave in the Northern Cape faces ruin after the company formed to run it was provisionally wound up because it was founded and run illegally.

Eureka Beperk, registered in 2016, made an unlawful initial public offering then diluted its shareholding through an unlawful secondary offering, Cape Town high court judge Patrick Gamble ruled on Wednesday.

The company also has a"verhandelkamer" , which was an unlicensed securities exchange, meaning the share trades it conducts are illegal, Gamble said.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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This will ultimately be the fate of Orania and the Our_DA or other similarly constituted racists formations❗

Shut it down!!!!

Good 👍

Why does SA gov allow such nonsense

Simple, get them out of the country. Into the their own where they'll have they're white-only shananigans 😉

I'm not paying to read news

I’m not subscribing. Don’t waste my time.

how did this end up on news24

Whites keeping to themselves is not racist

How many of these places are there, I thought orania was the only one

Oh l look! Racists are suffering. Boo hook. Why do this to the nicest people on earth? 😏

He is done exploiting blacks people now he has turned on his own. Hate begets hate. Ayikhale!! Corruption has no colour.

💀

Xee_GP We believe in the history 😁😁😁

These places in Finland are for free, over 90% are white and blacks less than 1%, a plane ticket would be a cheaper option.

Afrikaans people like corruption; Steinhoff, Spar, PiknPay, Tongaat, Andre De Ruyter , now this

Well thats a shame 🤣

When i become a president of this country This Eureka and Orania will be a thing of the past, i hate racists.

MzilaVezi Oh another Orania

😂🤡🫣

Good! Orania was a terrible mistake that Mandela allowed. Now this one and many more will continue to spring up in the Kalahari desert, dividing the country up. Foreigners can't continue doing as they wish in our land. Enough is enough!

Orania must follow. All racist whites living there must be relocated to Soweto.

Thank you white-supremecy can't blame blacks

Good

We don't want those people, they must go to Australia... ..

Sentletse your people🤣🤣

They will blame black people for their own choices

'Black government' is nothing but corrupt

We're this people running 'Little Australia' over there or what

Dangerous prayers were prayed. 😂 😂 😂

Serves them right. Racists.

Luckily we don't have a blacks only government neh.

🔌🔌🔌 Full article below:

Adriaan Niewoudt! Have they not heard about vrot melk?

Hhahahahaha bloody criminals

Adderjan Nieuwoudt. South Africa's very own Donald Trump. He'll screw you over once, then convince you to buy from him again. Then a third time and fourth time, and had politics been different, he'd run successfully for president.

Why isn't racism and segregation illegal yet in South Africa?

So KubisKing is it the guy who tried to trick people into buying a concoction in the 80s to make money, but it was a scam?

Hoedspruit is becoming another Orania

❤️❤️❤️. Queen Mariah to these racists: 👏🏽👏🏽👏🏽

Lollllll

Never heard of this Africaaners only enclave.

Great news

R75 to read this 👀

Good. That should happen.

Meanwhile billions of counterfeit shares in our markets. Innovative companies are being destroyed by 'smart money'. And when they get caught ? U3 Halt by the regulator to protect counterfeiters. $MMTLP Destroying our economy treasonous! FINRA ReleaseTheBlueSheetsForMMTLP

Oh No.... Say it s not so!

This is such racist clickbait. This is a pyramid scheme!!

Okay, sikuphi I special samafutha?

I’m just happy white racists are being had by this white supremacist called Adriaan Nieuwoudt 😌 Now, how is it that we can have these overtly racist segregationists enclaves like Eureka or Orania, yet BLFSouthAfrica was barred from participating in elections?

Wait for it, racists will not stop to amaze by blaming the ANC and black South Africans for being scammed by their own kind😂😂

😂😂😂. I feel sorry for people who have lost their hard earned money in this scam.

Corrup...yey I'm kidding! Mismanagement.😂

Don't know why people still try these acts

This is insane!!!! Founded and run ilegally!!!! In a country that SOE's are by mobsters. Presidents and Ministers have a multitude of criminal investigations, and whose qualifications are bogus. This makes no sense!!!!.

OraniaHomeland

Is there a black or brown ONLY town in the world ? Why do some white people feel this way about other races ? Superiority complex runs that deep ? If they are trying to preserve the Afrikaners way of life then why does race matter ?

That moment when you moved there to escape corruption

While Jan & Tinus are altruistic in their racism, some see an opportunity to scam them. Ain't that a b*tch?😂😂😂😂

One white out of 320 black corrupt municipalities News24 promotional racist daily news flash

Good. We don't need that kind of places.

Just another scam.

Wrong, just another rip off by Niewoud! Report the matter as it stands and do not try to make it a racist matter. One of these good days this article will be classified as a 'hate crime' cant wait for it!! PresidencyZA

F!!! When these people gonna realize They PALE or BEIGDE at best. my semen is WHITE

Wabona Papa I told you about these people. Corrupt mismanagers !

Arrests

Anything that is built on an African soil with deep hatred for the natives I'm happy when it fails and ruins the lives of those who built it. Let it burn! Let it burn. Curse! Curse!

Prays the Lord, at least they are not above the law

When you are victimized based on an immutable property there is no escape. Antiwhites will find you because they are motivated by the harming of the physical or psychological wellbeing of Whites.

What the fuck are they doing in the North Cape anyway Always go Western Cape, no questions asked.

I thought that they were 'above' South African law and SA courts have no jurisdiction over them?

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