Following the appearance of the video on Tuesday‚ Catzavelos was fired from the family-run business‚ St George’s Fine Foods‚ and removed from its board of directors.
The family and St George’s Fine Foods said the business was in the process of negotiating a settlement on his minority 33% stake in the company.
On Wednesday‚ the Economic Freedom Fighters in Gauteng opened a case of racism against him‚ while the Democratic Alliance Youth referred his conduct to the South African Human Rights Commission for investigation.
A number of companies which did business with St George’s Fine Foods also cancelled their relationship with the company.