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FSCA 'clears' Livestock

The Citizen

|

January 23, 2026

INVESTMENTS: CROWDFARMING PLATFORM CLAIMS NO WRONGDOING

- Adriaan Kruger

FSCA 'clears' Livestock

BIG CLAIMS. CEO and founder of Livestock Wealth Ntuthuko Shezi. According to a company statement 'every transaction involving investor funds has been accounted for'.

(Picture: SAB Foundation)

The Financial Sector Conduct Authority (FSCA) has confirmed that it has concluded its investigation into crowdfarming platform Livestock Wealth, but says it is still to issue details of its findings.

This comes after Livestock Wealth issued a press statement in which it claims that the FSCA found no wrongdoing.

One claim by Livestock Wealth is sure to raise a few eyebrows.

"The investigation found no unlawful activity by Livestock Wealth regarding their investor products and dealings with investors," reads a statement issued by Sibongile Shezi on behalf of Livestock Wealth on Wednesday.

According to a February 2022 Instagram post, Sibongile Shezi is Livestock Wealth's PR manager.

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