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Home ENTERTAINMENT

Mara Phones’ Alleged Failure To Launch Has Tongues Wagging..

South Africa's Mara phones has hit a wall and former Miss Teen SA comes under fire

by Tshegofatso Makuwe
February 9, 2022
in ENTERTAINMENT, GIST
0
Mara Phones' Alleged Failure To Launch Has Tongues Wagging..

South Africa's Mara phones has hit a wall and former Miss Teen SA comes under fire

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JOHANNESBURG – South Africa’s first smartphone company ‘Mara phones’ has hit a wall with many fingers pointing in former Miss Teen SA and SABC news anchor – Chante Siyamthanda Jantjies’ direction.

What was supposed to be the countries first smartphone brand has allegedly gone belly – up.

Launched in 2020, with Jantjies at the forefront of the brand’s image. The Mara phones factory is reported to have received a R 1.5 billion cash injection from Standard bank and IDC, however still have failed to reach any success.

Chante has since released a statement following reports of the smart phone company’s alleged misfortunes, absolving her of any involvement in wrongdoing.  In what looks to be a letter from Jantjies’ legal representatives,  it is stated that she has had no involvement in the company’s day – to – day operations or share ownership.

After news of one of the country’s favourite anchors being involved in such a debacle, Twitter had this to say;

 

@Jaskula11
“Chante Jantjies used state funds to live a luxurious life. This Mara phones debacle is another example that we live in a mafia state”.
@SpheBhengu
” Reading up on this Mara Phones saga. Financial backing from the IDC and Standard Bank, government agree to give your product total buying preference until at least 2026 as well as a R100 million tax break! I’d like to know after all of this, how the business still failed?”
@ledigakoketso
“The CIPC company search on Mara Phones tells an interesting story. What is clear is that chante jantjies is not and was not a director of the company” 
@2Jays5
“Mara phones. Barely 2 years since the opening with big government fan fare…they are bust. R1.5 billion of IDC money gone down the drain. Thugs!!! Thuma Mina yekak!” 
@GrandmaGreece
“This Chante thing reminding me why I’ll never ever b influenced by the IG girlies or anyone for that matter! We don’t know what people are doing for their wealth hey” 
@relethoba
“Sometimes it helps to eat the money behind closed doors ….Silently. Chante” 
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Source: Pursuit Media SA
Tags: ChanteIDCMARA phonesSmart phoneStandard bank

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