Rebosis founder and CEO Sisa Ngebulana is set to step down at the end of November in the wake of the group inking a R6.3bn deal aimed at tackling a debt burden that dwarfs its current market value.

Ngebulana had been roped in by the group’s board in April 2018 as it battled with the fallout of its investment into a Brexit-hit UK, while there had also been apparent differences over strategy, with the Rebosis founder in favour of a retail-focused fund...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now