A shopping centre for the people, by the people
R50 million for Orange Farm Shopping Centre, trading as Towns Square Mall, in Gauteng In the peri-urban area of Orange Farm, in Gauteng’s Johannesburg south, the NEF has approved R50 million to support 19% upfront community ownership of a regional…
Announcing a blockbuster of a B-BBEE deal
The NEF is facilitating the introduction of a black women’s consortium as a 26% shareholder in Ma Afrika Films through funding of R30 million for the production of two films - e’lollipop - A million Colours and winnie, both of…
A moving example of B-BBEE
Africa’s Best 350 Ltd has a vision to restructure the public transport system in several municipal districts of the Eastern Cape, including both the urban and the rural areas. The company has been funded by the NEF to the value…
Empowering rural communities to become business owners
The Jozini Tiger Lodge is a four-star hotel in KwaZulu Natal where R28,3 million has helped a community trust representing 22 000 beneficiaries to acquire 33,4% of the shares in the business.
How to get an entire community into a shopping center
The communities of Umlazi and Lamontville townships, represented by Sizovuna Investments, acquired a 25% stake in Umlazi Mega City shopping centre with NEF funding of R51,8 million. This genuine B-BBEE deal is delivering substantial social returns to community beneficiaries at…
A R10 million NEF Bankable Feasibility Study in a plant that will produce 500,000 tons of pure iron metal
To date, SA Metals has spent R25 million studying the feasibility of setting up a mine dump-processing plant that will be substantially black-owned. The NEF provided R10 million for a Bankable Feasibility Study for a R2,5 billion iron metal plant.
Four times faster, at less than half the cost
LinkAfrica (Pty) Ltd The project aims to deploy Last Mile Fibre Optic cables across the major metropolitan cities of South Africa. Fibre optic providing bandwidth infrastructure that is 4 times faster at less than half the cost of normal fibre…
R9.9 million for a Mussel Farm in Saldanha Bay, Western Cape
n Saldanha Bay, Western Cape, the Mazisa Mussel Farm produces 730 tons of black mussles per annum, and has a 100% off-take agreement with LaVie Seafood, the only processor of mussles in South Africa. The NEF has approved R9,9 million…
R50 million for black-owned cosmetic retailers
Just On Cosmetics (Pty) Ltd (JOC)is a black-owned cosmetics retailer whose operations commenced in 1991. To date, the company boasts 38 outlets in the Eastern Cape, KwaZulu-Natal and the Free State, 2 warehouses, 36 vehicles, more than 50 suppliers and…
