30% Local Content, 40% Profit? The Commission Challenges the Numbers | Part 6

A 30% local-content arrangement. A 40/60 profit split. And a handshake agreement with no written contract. In Part 6, the questioning at the Commission takes a sharper turn as the witness is challenged to explain the financial arrangement surrounding a quarry-supply opportunity. The numbers are on the table. But do the explanations add up? 🔎 WHAT YOU'LL SEE IN THIS PART: ⚖️ The Protection-Fee Allegation A witness is confronted with an allegation that a protection fee was demanded. He firmly denies making such a demand, while the Commission examines the competing versions. 💰 The 30% Local-Content Question The witness explains how he says local content created an opportunity for him to become involved in the business. 📊 The 40/60 Profit Split The Commission challenges the logic behind the arrangement. Why was the witness entitled to 40% when he confirmed he was not a shareholder in the supplier company? 📝 A Handshake Instead of a Written Agreement The witness says the arrangement was agreed verbally. But when substantial financial interests are involved, questions about the terms, responsibilities and basis of payment become unavoidable. ⚠️ When the Explanation Doesn't Add Up The questioning exposes a fundamental disagreement over how the 30% local-content arrangement was supposed to work — and whether the witness's explanation is consistent with his earlier evidence. The central question: If the arrangement was legitimate, can its terms and financial logic withstand scrutiny? These are allegations and disputed explanations being examined at the Commission. They should not be mistaken for findings of guilt. Watch the evidence. Follow the questions. Decide for yourself. If you believe South Africa needs accountability, transparency and honest scrutiny of those in positions of influence, subscribe to South Africa Unfiltered and hit that notification bell so you don't miss the next part. 💬 JOIN THE CONVERSATION: Does a verbal agreement adequately explain a financial arrangement of this nature, or should the terms have been documented clearly from the beginning? Share your views respectfully in the comments. South Africa Unfiltered — Documenting the change. Questioning the powerful. Following the facts. #SouthAfricaUnfiltered #MadlangaCommission #SouthAfrica #LocalContent #Accountability #CommissionOfInquiry #SouthAfricanNews #Transparency #QuarryDeal #ProfitSharing