NEF SECURES EQUITY FOR BLACK PARTICIPATION IN THE
ESTABLISHMENT OF A NEW R 2.5BN MINERAL PROCESSING PLANT
R10 million Venture Capital investment to conclude the Bankable Feasibility Study

The National Empowerment Fund (NEF) has again shown its developmental mettle by investing R10 million into SA Metals Equity (Pty) Ltd, a project which will be developed together with Metmar Ltd of South Africa., Global R3 Pte. based in Singapore, V-Projects (Pty) Ltd of South Africa and Outotec Ausmelt a global mining technology licensing company based in Finland. 

Read Full Article

In fulfilling the mandate to provide innovative financial solutions to black-empowered entrepreneurs, the National Empowerment Fund (NEF) has achieved the highest level of investment activity in its history, with annual approvals at R684-million (2009: R495-million) and disbursements of R506-million, says CEO Ms Philisiwe Buthelezi.

Read Full Article

Ten black-owned service stations to be financed and developed over two years

Leading empowerment funder the National Empowerment Fund (NEF) and Engen Petroleum, South Africa’s leading fuel marketer, today jointly unveiled an initiative aimed at increasing black entrepreneurial ownership of Engen service stations.

Read Full Article

NEF Seminar to Reflect on BEE Progress, Problems and Prospects for Next Decade

As the country inches closer to marking a decade of Broad-Based Black Economic
Empowerment (BB-BEE) following the enactment of the Act in 2003, the National
Empowerment Fund (NEF), the agency of the dti mandated to grow Black economic
participation, will be hosting an historic one-day seminar on Monday, 24 May 2010, “for
stakeholders to examine what progress has been made and what obstacles remain in
building a just and inclusive South African economy”, says NEF CEO, Ms Philisiwe
Buthelezi.

Read Full Article

Manyi to Choose - DG of Labour or BMF President

- BMF AGM Oct 2009 pronounced loud, clear and unambiguosly.

- Minister of Labour May 2010 – No Ultimatum/Directive to choose.

- Inherently Complimentary.

Read Full Article

MEDIA ADDRESS BY THE EXECUTIVE OF THE NATIONAL EMPOWERMENT FUND, MR Frencel Gillion

Read Full Article

ADDRESS BY THE CIO OF THE NATIONAL EMPOWERMENT FUND, Mr FRENCEL GILLION.

Read Full Article

NEF & IDC to lead the development of Titanium & Zirconium Mineral Beneficiation Complex

RSA Led Venture Plans a US$1.2 billion Titanium Venture for South Africa

Read Full Article