Sibanyoni and co-accused granted R 70 000 bail, with strict conditions

By Marcus Moloko

The R2.2 million extortion and money laundering case against Mpumalanga businessman Joe “Ferrari” Sibanyoni and his four co-accused has been postponed to 1 September at the Delmas Magistrate’s Court.

Sibanyoni (60) appeared alongside co-accused Phillimon Makhaya Msiza Mvimba, Daniel Masilela, Oupa Bafana Sindane, and were granted bail of R 70 000 each with strict bail conditions.

The proceedings have been re-enrolled and transferred from the Kwaggafontein Magistrates’ Court to Delmas due to security concerns.

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Under the bail agreement, the accused must attend all scheduled court proceedings, refrain from any contact with witnesses, and report to a local police station every alternative week. Furthermore, they are prohibited from committing any further offenses while out on bail.

The case has been postponed to 01 September 2026, a delay intended to allow the State time to disclose the full