**Caption**: Mamkhize, known for her luxurious lifestyle and ownership of Royal AM, is facing financial turmoil as she battles a significant debt with SARS, putting both her personal wealth and the future of the football club at risk.
South African businesswoman and socialite, Saun Mkhize—better known as Mamkhize—has found herself in the midst of a financial storm after being charged with owing millions of rands to the South African Revenue Service (SARS). Famous for her extravagant lifestyle, which includes driving luxury cars, living in a lavish home, and wearing high-end designer clothes, Mamkhize is now facing serious consequences for her financial mismanagement.
In addition to her successful business ventures, Mamkhize is the owner of Royal AM, a promising football club in the DStv Premiership League. Under her ownership, the team has been one of the best-performing clubs in the league. However, recent months have seen a sharp decline in the team’s performance. Reports indicate that players were not paid on time, which could be a contributing factor to their poor results on the field.
The drop in the team’s performance coincided with an investigation into Mamkhize’s financial affairs, revealing that she owes a significant amount to SARS. The financial troubles have left Royal AM struggling, with the team currently sitting at the bottom of the DStv Premiership table in 16th place. This sharp decline has led some to suggest that Mamkhize should consider selling the club’s status to resolve her financial issues.
Sources close to the matter allege that Mamkhize is currently struggling to pay the debt owed to SARS. The tax authority, which is known for its strict enforcement of tax laws, reportedly has the power to confiscate assets in order to recover unpaid debts. It is alleged that SARS is in the process of confiscating Royal AM to recover the money owed by Mamkhize.
This situation has sparked a conversation in South Africa about the importance of financial responsibility and the role SARS plays in holding individuals and businesses accountable for unpaid taxes. Mamkhize, who has been an inspiration to many young black women, has always been celebrated for her success and work ethic. She has shown her followers that with determination, anything is possible.
Despite the ongoing challenges, Mamkhize has been a positive role model for many, and there are hopes that she will overcome this difficult situation. As the drama surrounding Royal AM and Mamkhize’s financial struggles continues to unfold, the public is watching closely, hoping that the businesswoman can bounce back from this setback and regain control of both her finances and the future of her beloved football club.
