NEF Performance Milestones

NEF Performance Milestones

 

1 Approvals Approved 1 490 transactions worth more than R13.75 billion across the country.
2 Disbursement

Over R9.097 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 124 267 of which 73 850 were  new.
5 Industrialisation
  • 24 strategic and industrial projects worth R16 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 12.6 million MTN shares to over 87 000 investors comprising black individuals and groups.  49% of investors were women.
7 Investor education Reached 9 056 887  people in villages and townships through 723 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 6 814 potential entrepreneurs who attended 895 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 billion has been repaid by investees.
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