A passion for mobile technology yields positive results for the NEF and woman entrepreneur The National Empowerment Fund (NEF) an agency of the Department of Trade and Industry (the dtic) three years ago (2011) invested R5million in Boniswa Corporate Solutions…
SWT REVIVES AND CHANGES THE FORTUNES OF A STRUGGLING MEDICAL WASTE COMPANY The National Empowerment Fund’s (NEF) investment of R24,8 million to assist the acquisition of a medical waste management company and its equipment, helped black entrepreneurs turn around a…
NEF TAKES INVESTOR EDUCATION TO THE PEOPLE The National Empowerment Fund (NEF) is embarking on a national Investor Education roadshow that will reach 36 destinations in the country’s nine provinces as part of its mandate of promoting a culture of…
The NEF and its CEO, Executive and Fund Manager Cleared by Independent Investigation An independent forensic investigation by audit firm Deloitte has dismissed serious allegations of wrongdoing levelled at three National Empowerment Fund (NEF) employees by an anonymous whistle blower.…
NEF upholds Luminance as a prudent investment Leading black development financier, the National Empowerment Fund (NEF), asserts that its funding of Ndalo Luxury Ventures (NLV) is a perfectly legitimate and praiseworthy investment that accords with its mandate and policies as…
THE NATIONAL EMPOWERMENT FUND INVESTS IN STICKS & LICKS Leading empowerment funder, the National Empowerment Fund (NEF), the agency of the dtic mandated to grow Black economic participation in South Africa, has continued to meet its mandate with distinction, and…
Leading development financier, the National Empowerment Fund (NEF), welcomes the appointment by President Jacob Zuma of Mr Thando Mhlambiso as the new chairman of the NEF’s board of trustees. Mr Mhlambiso, who previously served the NEF as a…
Johannesburg 30 October 2012. The United Kingdom (UK) is among South Africa’s ‘Premier League’ of trading partners, with an annual bilateral trade of over £9bn. UK investment in South Africa totals some £10.5bn, which means over 54% of…
ADDRESS BY THE CEO OF THE NATIONAL EMPOWERMENT FUND, Ms PHILISIWE BUTHELEZI, ON THE OCASSION OF THE LAUNCH OF THE VALUE CEMENT 12 June 2012 in WESTONARIA, 11H00 · The Board, Shareholders and management of Value Cement (Pty) Ltd, ·…
REMARKS BY THE ACTING CHAIRPERSON OF THE NATIONAL EMPOWERMENT FUND, Ms ZUKISWA NTLANGULA, ON THE OCASSION OF THE LAUNCH OF VALUE CEMENT 12 June 2012, Johannesburg Distinguished Guests, From the vantage point of the Board of…
