Known on the streets and the social pages as “Joe Ferrari,” Madoda Johannes Sibanyoni has built a transport empire from the ground up, surviving both poverty and assassins’ bullets to become one of the most powerful and feared men in South Africa.This week, Sibanyoni appeared alongside Philemon Makhaya Msiza, Mvimbi Daniel Masilela and Oupa Josiah “Bafana” Sindane in the Kwaggafontein Magistrates Court over allegations of extortion amounting to R2.2m. The Sunday Times understands that Sibanyoni allegedly extorted money from a prominent South African executive and business leader with an extensive footprint across the housing development, social housing, and mining sectors. Read more.
Taxis, Ferraris and the Big Five: the rise and fall of Joe Sibanyoni
Joe Sibanyoni, known as “Joe Ferrari,” rose from a taxi driver in 1985 to lead a multimillion-rand business empire. He is now accused of demanding R2.2m in protection fees from a prominent businessman involved in the Moloto Road construction project.
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