BOXING SA promoter King Ramathe of World Sports Promotions and World Boxing Foundation have smoked the peace pipe after some ugly verbal sparring last week.

BOXING SA promoter King Ramathe of World Sports Promotions and World Boxing Foundation have smoked the peace pipe after some ugly verbal sparring last week.

It all emanated from the WSP failure to pay sanctioning fees, officials and WBF belt.

Apparently WBF and Ramathe had a "secret" agreement that Ramathe would pay them 60 days after his tournament that took place on March.

Last week Ramathe told WBF to take him to court for its money.

He claimed he asked for a tax invoice before he paid them but that they issued a typewritten one and he would not accept it.

Australian-based WBF blamed Boxing SA for not being able to get its house in order, and Boxing SA called a meeting last weekend.

Interim Boxing SA chief executive Loyiso Mtya, Ramathe, Howard Goldberg, who represents the WBF in Africa, announced on Monday that they had a three-hour meeting on Sunday.

"We all agreed that boxing was bigger than all of us. We are all looking forward to a new start," said Goldberg.

"We will continue to strive at making this relationship even stronger for the betterment of all boxers and boxing people in the country."

Ramathe said he was a forgiving "king".

"We have sorted things out that includes finances," he said.

He had allegedly failed to meet Boxing SA's requirement of depositing the purse 21 or 14 days prior the actual tournament.

Ramathe is said to have deposited the purse on the day of the weigh-in for their tournament on March 20.

Meanwhile Mtya admitted for the first time to have blundered by allowing Mamali Boxing Promotions' tournament to go-ahead on November 22 thou gh promoter S'Phatho Handi had not deposited the purse on time.

"I take full blame," he said. "That was because he had a letter of surety from the government.

"But that will not happen again," Mtya confessed after his second meeting with representatives of world bodies on Monday.