Minnie Dlamini in R10 million funding drama

Minnie Dlamini in R10 million funding drama

Jan 31, 2019, 08:30 AM

Starting a business can be one difficult task for pretty much anyone, including  celebrities.

Minnie Dlamini-Jones is currently engulfed in some drama which involves a sum of R10 million being injected into her newly formed beauty range, MD Beauty.

The former Live presenter graced the cover of the soon to be extinct Destiny Magazine, where she spoke candidly about her new business venture. 
Fast forward to 2019, Minnie has come out to address the issue by simply stating that she made an error regarding a R10 million funding from the Industrial Development Corporation(IDC) to kick start her business.

In the magazine interview, Minnie said: 

"Our engagements with the IDC were pretty painless because my partner's been dealing with them for a long time. So it was just a case of creating a new joint company for the deal." 

However, the starlet has since taken to social media to clarify what she told the publication.


Minnie has made it clear that she received a loan and not a grant like most of her followers have come to believe.


These reports were not met with warm hands as some Tweeps were disgruntled about the fact that most entrepreneurs struggle to secure state funds and that Minnie got lucky because of her public stature.

This is a big scandal for Minnie. We are yet to watch how she gets herself out of this one.

Main image credit: Instagram/@minniedlamini
Written by

Lungile Ntuli

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