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:

Aduma Trading (Pty) Ltd

Aduma Trading (Pty) Ltd is a 100% black-owned start–up retail property development company.

Their first project, the Qumbu Shopping Centre, measures 4737 m2 in building size and Gross Lettable Area (GLA).

The shopping centre will comprise 15 shops and 72 parking bays. The key anchors are Rhino Cash and Carry, Pep Store, Price ´n Pride, Barnetts, Lewis, Capitec Bank and Dunns. The community of Qumbu will own 37% of the centre.

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