R950m available for black business as NEF resumes funding, Engineeringnews.co.za – Engineering News
R950m available for black business as NEF resumes funding, Engineeringnews.co.za – Engineering News
Development financier the National Empowerment Fund (NEF) has moved to reopen funding for black-owned and -managed businesses requiring financial support for start-up, expansion and equity transformation purposes, using existing reserves and expected new capital.
NEF CE Philisiwe Mthethwa reported recently that the resolution by the NEF was reached following consultations with the Department of Trade and Industry (DTIC) and the National Treasury.
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