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:


A healing funder

BUSA Holdings (Pty) Ltd

South Africa’s Health Care sector is dominated primarily by three large groups who control more than 75% of total market share, while the balance is largely fragmented. 

Busa Holdings intends to be the first black-owned hospital group to compete with the big three. The vision is to be a consolidator of fragmented health care market. This will be kick-started with the commercialisation of four hospital licenses amounting to 500 hospital beds, spread over three provinces, namely Gauteng, Cape Town and the
Free State.

With the first being in Gauteng, this hospital will be a world class orthopaedic and sports medicines centre, a first of its kind in Africa. The aim is to develop centres of excellence which will provide world-class services. The project size for the four hospitals is approximately R1.2 billion.

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