Time to reboot
Sisa Ngebulana takes time to focus on his hometown
Outgoing Rebosis CEO wants to focus on developing his ‘underserved’ Eastern Cape community
Having created a multibillion-rand development group and listed the first broad-based black property fund in SA, Sisa Ngebulana is going back to his roots. The property entrepreneur plans to develop hotels and schools with a focus on providing a better life to the people of Mthatha — he grew up in Corana, just outside the town — and to the Eastern Cape in general. "In my village, people look for guidance from many adult figures and not just parents. I’ve had many people come to me for help and advice. I’ve also helped put people through university," he says. "Now that I won’t be CEO at Rebosis, I can focus more attention on my foundation and this kind of work."Ngebulana (51) says he has achieved his goals in the seven years he has been CEO of Rebosis Property Fund, and is now stepping aside. He will become deputy chairman and spend more time on his development company, the Billion Group, and with his family and community. "I want to be part of providing a better quality of life to p...
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