The story of JB Holdings is intrinsically tied to the vision and leadership of its Founder and Chairman, Roux Shabangu. A self-made entrepreneur, Shabangu has transformed JB Holdings into a multi-faceted conglomerate with interests in property development, mining, oil and gas, pharmaceuticals, and more.
Humble Beginnings
Roux Shabangu hails from rural Dennilton in Mpumalanga. His journey to success began with a small business venture of supplying mealie meal to various shops across provinces. It was through this initial endeavour that he managed to save enough to acquire his first piece of land.
The First Shopping Mall
Shabangu’s first major project was the development of Matsamo Plaza in Mpumalanga, valued at R40-million. This was the stepping stone that led to the formation of JB Holdings and its subsequent expansion into various sectors.
A Diverse Portfolio
Under Shabangu’s stewardship, JB Holdings has developed a healthy multi-billion Rand property portfolio. The company has also diversified into mining through JB Minerals, into oil and gas through JB Oil, and into healthcare through JB Pharma.
Philanthropy and Education
Beyond business, Shabangu is deeply committed to social upliftment. Through the Roux Shabangu Foundation, he has funded the education of hundreds of young people from poor backgrounds. The foundation focuses on skills development, training, and mentoring of youth in various spheres of business.
Leadership Philosophy
Shabangu’s leadership philosophy is rooted in his core values of professionalism, integrity, honesty, and fairness. He believes in being fearless and fighting for what one truly believes in, a mantra that has guided him through the ups and downs of his entrepreneurial journey.
Conclusion
Roux Shabangu is not just a successful entrepreneur; he is a visionary leader committed to making a meaningful impact on society. His story is a testament to what can be achieved with determination, vision, and a commitment to excellence.
If you have any questions about our subsidiaries, including JB Minerals, JB Oil, JB Pharma, JB Property Fund, and JB Finance, we invite you to contact us. Our team is on hand to discuss how our services can support your needs and contribute to the growth of your business.
