Rebosis says it will soon give details of a potential rescue plan

Rebosis Property Fund, which is laden with debt that has eroded 98% of its market value since 2015, said on Wednesday it would “shortly” release details of a potential rescue plan that's been in the works for months.

Led by founder Sisa Ngebulana, Rebosis owns a mix of shopping malls and offices that predominantly let to government...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.

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