NEF Performance Milestones - National Empowerment Fund

Life to Date Performance Milestones (25 March 2023)

1	Approvals	Approved 1 631 transactions worth more than R14.36 billion across the country.
2	Disbursement	Over R9.83 billion has been disbursed to these companies since inception.
3	Integrity	Secured clean external audit opinions for 20 years running.
4	Supporting jobs	Since inception, the number of job opportunities supported is 123 863 of which 76 368 were new.
5	Industrialisation	24 strategic and industrial projects worth R12.6 billion, with the potential to support over 52 000 jobs. 87% of the transactions are at an advanced development stage Since inception 3 600 job opportunities have been created
6	A culture of savings & investments	In a transaction worth over R1 billion the NEF Asonge Share Scheme made available more than 12 million MTN shares to over 87 000 investors comprising black individuals and groups. 49% of investors were women.
7	Investor education	Reached 9 671 825 people in villages and townships through 778 community seminars on how to save and invest, personal ﬁnancial discipline, shares, dividends, bonds, the property and money markets.
8	Entrepreneurship training / incubation	Business skills training provided over 7 686 potential entrepreneurs who attended 1 109 seminars from 2012 to date.
9	National footprint	Approximately 72% of the number (76% by value) of approved transactions emanated from the regional offices and Pre-Investment Unit.
10	Collections	Over R5.43 billion has been repaid by investees.