South African property tycoon Roux Shabangu is now officially bankrupt
SARS sequestrated property mogul Roux Shabangu as his tax debt hit R221 million, closing a saga begun by a R520m police lease.
Roux Shabangu
Property tycoon Roux Shabangu faces provisional sequestration amid escalating tax disputes
Property tycoon Roux Shabangu faces provisional sequestration after losing a court battle with Sars over millions in unpaid taxes, marking the latest setback in a long-standing legal dispute and raising concerns about his financial practices and lavish lifestyle.
South African tycoon Roux Shabangu to lose assets over tax debt
Shabangu is the founder of JB Holdings, a conglomerate with tentacles in commercial real estate, mining, oil and gas, and telecom.
South African tycoon Roux Shabangu constructs Shopping mall in KwaZulu-Natal
Shabangu, one of South Africa’s wealthiest men, is building the mall in partnership with Moolman Group, Twin City, and Green Giraffe.