More Investee Stories

As at March 2012, the NEF had approved over R3 billion for black-empowered enterprises countrywide, in various economic sectors.  

Below is a sample of these investments:

How to get an entire community into a shopping center

The communities of Umlazi and Lamontville townships, represented by Sizovuna Investments, acquired a 25% stake in Umlazi Mega City shopping centre with NEF funding of R51,8 million. 

This genuine BB-BEE deal is delivering substantial social returns to community benefi ciaries at large, including job creation and skills development.

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