Limpopo's Teacher Chose To Become A Billionaire

Tuesday, June 23,2015
Published by Jackson Mathebula
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Tim (Timothy) Tebeila is a self made South African Billionaire from ga Sekhukhune in Limpopo at a village called Mohlaletsi. Mr Tebeila graduated with a secondary school teaching qualification at Sekhukhune College of Education and landed his first job as a teacher at Tembisa in 1989.

Being a teacher at Gauteng region was a challenge for Tim because he was also active in politics which made it hard to hold both positions as a teacher and as a politician back then and later as a result of that he one day realised that he was fired and was jobless for a time.He found life very challenging to make ends meet as he was bared to practice teaching at the Gauteng region and later he moved to Mpumalanga and landed a job at Siyabuswa as a teacher.

The salary of a teacher was too little back then,so he found another way of generating  income by selling Sanlam insurance to his colleagues.The business of selling insurance was booming as he was trusted by fellow teachers and made him to be the top rep insurance brocker in the Mpumalanga region.The money he got from selling insurance was 12 times more comparing to the salary he used to get as a teacher.

In 1995 Tim opened his Insurance brokerage firm which was a success and he then expanded his business interest to construction and opend a construction company named Tebeila Building Construction and applied for tenders at government institution as a contractor.

Tebeila Building Construction was also a success which led to a joint venture and changed the initial trading name to Tebcon Developers.Tim also led Sekoko Platinum to buy shares from Anglo American Platinum through a public tender process.Sekoko initialy was an empowerment of Historically Disadvantaged Individuals into mining.

Tim now has business interest in Mining,Construction,Energy and Insurance.He is considered to be the Richest person From Limpopo Province in South Africa

2 Months ago 

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