Thursday, 27 August 2026 SourcesAbout🌓
🇿🇦 ZA ▾
BREAKING
Entertainment

Black Coffee moves to seize Maserati SA assets over R7.7m debt

IOL Entertainment ·
Black Coffee moves to seize Maserati SA assets over R7.7m debt

1008577875__20260326__0 The Johannesburg High Court has reportedly ordered Maserati SA to repay R7 million to his company, Soulistic Music, plus 10.5% annual interest and legal costs.

South African international music sensation Black Coffee i s not backing down in his ongoing legal clash with luxury carmaker Maserati SA.

Things have officially taken a dramatic turn for Casa Vehicle Holdings, trading as Maserati SA, as a sheriff of the court has now been authorized to attach and sell the brand's movable property at a public auction to recover more than R7.7 million owed to the DJ's company, Soulistic Music.

The high-stakes dispute traces back to November 2024, when the Grammy Award-winning producer, born Nkosinathi Innocent Maphumulo, entered into a massive R16 million deal to purchase two luxury vehicles.

While the first ride arrived as expected, the second custom-built vehicle, complete with bespoke exterior modifications, custom interior finishes, tailored seat belts, and specialized brake calipers, became the core of a bitter fallout after it was allegedly never delivered within the agreed timeframe.

According to court filings, Maserati SA had promised to deliver the second ride by June 2025. Before taking legal action, Maphumulo tried to resolve the matter amicably.

Correspondence between the parties revealed that a Maserati employee even assured the star that a production slot was secured because the factory had made a "special exception" for him as a globally recognized figure.

When the vehicle failed to materialize, Maphumulo demanded the return of his R7 million trade-in amount.

With Maserati failing to present a substantive defence, the Johannesburg High Court granted summary judgment against the luxury carmaker on August 3, ordering them to repay the amount alongside legal costs.

A writ of execution issued on August 17 has now escalated the legal victory into direct enforcement. The full R7.725 million debt includes the initial R7 million judgment plus R735,000 in interest accrued at 10.5% annually.

While the writ grants the sheriff permission to seize and auction off Maserati SA's movable assets to cover the debt, no specific vehicles or property have been physically taken yet.

Read the full article on IOL Entertainment ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL Entertainment.

This story in other outlets

More from IOL Entertainment

See all ›

More in Entertainment

See all ›