Sector: Manufacturing – Textiles ZAR125 million (USD9.5 million or €7.9 million) Project Summary The project aims to set up a design and production facility in Gauteng, that will service the textiles, retail and corporate wear industry. The entity will add…
Musa Ndlangamandla The National Empowerment Fund (NEF) continues to make significant progress in increasing support for black South Africans to invest and grow sustainable businesses across various sectors in order to achieve inclusive economic growth. This is part of the…
The National Empowerment Fund (NEF) says it is confident that it will soon secure much-needed capitalization from the Industrial Development Corporation (IDC) as soon as Cabinet grants approval for the purpose and National Treasury approves the application for limited borrowing…
Business loans provided to black entrepreneurs by the National Empowerment Fund (NEF), a patient capital lender, typically have a horizon of between 5 and 8 years and up to 10 years for rural and community development as well as funding…
SOUTH AFRICA, 24 August 2018 – Tourism Minister Derek Hanekom officially launched the Graskop Gorge Lift Centre on Mpumalanga’s Panorama Route today. The development features a viewing lift that travels down the face of the gorge and is a first…
Tourism Minister Derek Hanekom officially launched the Graskop Gorge Lift Centre on Mpumalanga’s Panorama Route on 24 August. The development features a viewing lift that travels down the face of the gorge and is a first for Africa. Making the…
If you strike a woman, so the saying goes, you strike a rock. But if you financially empower a woman, she can be the backbone of the economy, writes Yvonne Grimbeek Download
The National Empowerment Fund (NEF) is confident that it will soon secure much-needed capitalisation of R500m from the Industrial Development Corporation (IDC) as soon as the Cabinet grants its approval and the Treasury clears its application for limited borrowing rights…
