Thabiso Khati known as the co-owner and CEO of Cashtime Life has decided to step down from the record label.
This comes after Nomuzi and Kid X departed in 2016 after they experienced an internal crisis at the label.
Khati released a statement in which he shared his new venture plans.
“I am excited to announce to you my newest business venture: Managedxthabiso (Pty) Ltd. It is a talent management firm which focuses on the following, to help talent navigate and understand the complex and ever-changing entertainment business; to create new opportunities for talent and maximize existing opportunities; to put a structure in place to help build their business and to create and grow their revenue streams. Moving forward, I will be solely focused on building Managedxthabiso (Pty) Ltd and the careers of the talent we represent. I will therefore no longer be involved in any Cashtime Life business. I will forever be grateful to my Cashtime Life partners and team. We achieved some pretty dope things and we helped push the culture forward. “