The latest gossip from Madiba land indicate that the rift between TMT boss Cameroon Gitawo and Rich Gang owner Ivan Ssemwanga has taken a new twist.
Our highly placed sources have revealed that Cameroon Gitawo and Ivan Ssemwanga cannot see eye to eye all because of who is who in the money sector.
Our sources say, Ivan is biffing Gitawo because he is very loaded though he doesn’t show off.
Though it’s hard to meet Gitawo, our sources got in touch with his close associate Fredrick Ssekyanja who revealed that Gitawo is a busy man who is always travelling to different parts of the world since he transacts business in over 60 countries.
“If he is loaded, why doesn’t he splash money and do open bars like the way we do it here in Rich gang?” our highly placed source quotes Ssemwanga before adding that; “If he cannot spend, then he shouldn’t brag that he is rich. No one will know him.”
Recently, we reported on how Ivan Ssemwanga was overheard saying that he is richer than TMT Africa which is composes of tycoon Cameroon Gitawo, successful businessmen Shafiq Katumba well known as Katsha and Meddie Ssentongo.
“Those are young boys, I have more money than them so they should not joke around,” the snoop quoted Ivan.
Despite the rift, Gitawo is still seen as the most successful Ugandan in South African when compared to Zari’s ex-husband, Sangoma Ivan Ssemwanga.
This website understands that Ivan is not in not in good terms with the TMT Africa members since they are rival to his group, the rich gang that he heads with King Lawrence and Eddie Cheune.
TMT Africa is set to hold a massive party at the industrial area based Club Guvnor on December, 30 and it’s on this party that TMT music promotions will be officially launched in Uganda.
TMT Africa is a group of South African based Ugandan entrepreneurs aimed at motivating the youth to work hard in order make a difference in the society.
TMT Africa is composed of South African based tycoon, Cameroon Gitawo, successful businessmen, Meddie Ssentongo and Shaffiq Katumba who is famously known as Katsha De Bank.
Gitawo has been in South Africa for over fifteen years living in Pretoria and is a self-styled entrepreneur who owns a number of businesses including Sandton technical College under the Sandton Education Group, Kristel property group that deals in student accommodation and real estate business, Kristel family restaurant and Cameroon group of companies.
Kristel Family Restaurant has two branches in Sandton and Cape Town.
Gitawo also owns student accommodation blocks. He does property administration for more than 300 residential homes in upscale suburbs of South Africa.
Singers Bebe Cool, Jose Chameleone, Irene Ntale and Sheeba Kalungi have already confirmed that they will be performing at the Money and Gold Party at Club Guvnor.