Investee Stories

As at June 2013, the NEF had approved over R5.05 billion for black-empowered enterprises countrywide, in various economic sectors. 

Below is a sample of these investments:


Jack’s Tyres (R15 million)

Project summary

Jacks Family Trust, t/a Jack’s Tyres, is a family trust which has been involved in the tyre business for 26 years. Over its years in operation, Jack’s Tyres has grown into a preferred supplier of all brands of passenger, SUV, truck and earthmover tyres in Durban and the surrounding areas. Jack’s Tyres products include shocks, suspension parts, mag wheels and rims. Their services include wheel alignment, suspension repairs, tyre fitment, puncture repairs and auto shop.

 

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