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    Investee Stories

    R44 million in a greenfields broiler project in the Eastern Cape.

    The NEF has approved R44 million new ventures finance to fund the land, infrastructure and equipment required to kick-start the project. Velevutha represents a genuine broad-based BEE initiative including 33% women, 10% Staff and 7.5% Broad-Based BEE ownership as well as the creation of 12 new jobs and transformation of a white-dominated, blue-chip industry.

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