Investee Stories

As at June 2013, the NEF had approved over R5.05 billion for black-empowered enterprises countrywide, in various economic sectors. 

Below is a sample of these investments:

Funding Solutions
SPAR Kildare (R12.3 million)

Project summary

SPAR Kildare is a new supermarket in Kildare scheduled for construction in Bushbuckridge, Limpopo by owner Mr Rex Machabi. The proposed development will save residents between 50km and 60km of travelling distance to the nearby town, and thereby reduce transport costs. Characteristics of the area include a newly-built clinic, schools, subsistence farming, and tourism influx to the Kruger Park.


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