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
SA Metals (Pty) Ltd (R1.9 billion)

Project summary

The SA Metals (Pty) Ltd (“SAME”) project is for the potential establishment of a USD200 million (R1.9 billion) pig iron production plant in North West or Mpumalanga, South Africa, producing approximately 500 000 metric tons per annum of pig iron, with titanium and vanadium slags as by-products.

 

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