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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May 17, 2026 - 01:01
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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