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:


Funding Solutions
Nkumbuleni Community Trust (R13.3 million)

Project summary

Nkumbuleni Community Trust is a 100% community-owned game reserve. The reserve covers 2 092 ha and is situated between Durban and Pietermaritzburg. It is accessible through Camperdown on the N3.

The community trust includes 260 households, which fall under the tribal authority of iNkosi Mkhize.

As many as 380 bird species occur in the reserve, with big game that includes hippo, giraffe, rhino, and the rare sable antelope.

The Community acquired the land through the regional Land Claim Commission in KwaZulu-Natal. The Nkumbuleni Trust has a 70% shareholding, with 30% warehoused by the NEF.

The project will contribute towards food security in the area.

 

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