Adam Catzavelos has reached a settlement agreement with the SA Human Rights Commission (HRC) relating to a video filmed on a Greek beach last year in which he used the K-word.

A News24 report says as part of the agreement, he has to pay R150 000 over a period of 30 months and will once again apologise for his comments.

The video was recorded while he was on holiday last year and in it he said he revelled in the fact there were no black people on the beach. ‘Not one kaffir in sight, fucking heaven on earth … You cannot beat this!’

The commission took Catzavelos to the Equality Court, sitting in the Randburg Magistrate's Court.

The video, which went viral, also prompted the EFF in Gauteng to open a case of crimen injuria against him. Catzavelos appeared in the crimen injuria case in another courtroom in the same court earlier yesterday. In that case, the state revealed that Catzavelos' representation to the Gauteng DPP to not be prosecuted was unsuccessful.

His lawyer informed the court that he intended to take the decision on review and was waiting for the outcome from NDPP Shamila Batohi. The matter has been postponed to 2 October.

Catzavelos has also been summonsed for the matter in Greece.

Full News24 report

In his apology, a remorseful Catzavelos said he had decided to 'look at myself from many different angles, inside and out'.

'When I watch the video, not by choice I may add, but because in certain circumstances I have had to, for example with my lawyers, I am truly disgusted, horrified and ashamed of my behaviour,' he said, according to TimesLIVE.

'I now, more than ever, in the course of having to confront and take responsibility for my actions, which has forced me to consider deeply issues such as dignity and humanity, am acutely aware of how profoundly dehumanising and hurtful it must be for black South Africans to be referred to by the K- word with all its connotations ... I acknowledge what I have done and the harm it has caused first and foremost to black South Africans but also to our country, to all South Africans irrespective of race, and to my family. In the course of going through the processes both in relation to the criminal prosecution and the proceedings in the Equality Court, and in preparing this apology statement, I have become aware of the extent to which I, as a perpetrator, have damaged my own dignity and humanity. I am hopeful that in making this acknowledgement and apology I will be forgiven and be able to restore my identity as a person and my pride, so that I am also able to restore my confidence and participate in all aspects of life in SA, including the building of social cohesion.'

Full TimesLIVE report