[SOUTH AFRICA] – Mageza Service Station, a 100% Black woman-owned and managed enterprise, launched its Astron Energy Mageza Sweetwaters last Friday in Kwa Mpumuza, a peri-urban settlement in the Msunduzi Municipality, KwaZulu-Natal. VIEW FULL MEDIA STATEMENT
The Tourism Transformation Fund (TTF) is an important initiative by the collaborative efforts between the Department of Tourism (DT) and the National Empowerment Fund (NEF) in fostering economic transformation and empowerment within the tourism sector. Since its inception in 2017,…
End of an era as empowerment icon hands over the reins of the NEF JOHANNESBURG, 10H00: The CEO of the National Empowerment Fund, Ms Philisiwe Mthethwa, will be vacating the helm of the development financier when her contract comes to…
In its commitment to ensure the success of the Taxi Relief Fund (TRF), the National Empowerment Fund (NEF) will be embarking on another roadshow countrywide to encourage taxi operators to come forward and apply for their once-off relief funding at…
[Johannesburg, 07 November 2022] In an effort to boost localisation and South Africa’s manufacturing capabilities, Transnet is partnering with the National Association of Automotive Component and Allied Manufacturers (NAACAM) and the National Empowerment Fund (NEF) to support areas core to…
The National Empowerment Fund (NEF) has made significant strides to support the economic advancement of black women with 40% of funding having been approved for the benefit of black women entrepreneurs over the past 12 years, says Ms Zama Khanyile,…
A year after South Africa witnessed the devastating civil unrest that swept across parts of KwaZulu Natal and Gauteng in July 2021, the National Empowerment Fund (NEF), in partnership with the dtic and the Solidarity Fund’s Humanitarian Crisis Relief Fund(HCRF),…
On 18 April 2022, President Cyril Ramaphosa declared a “National State of Disaster” in response to the wave of death and destruction that devastated parts of KwaZulu Natal (KZN) and the Eastern Cape provinces as a result of catastrophic flooding…
KZN: Lady Luck has smiled on sidewalk restaurant owner who experienced severe hardship after his eatery kiosk was destroyed during the July 2021 unrest in KwaZulu-Natal (KZN). While the province has been battered again by recent floods, the dark clouds…
In September 2021 the National Empowerment Fund (NEF) and the Solidarity Fund’s Humanitarian Crisis Relief Fund (HCRF) launched a financial relief programme to support small, medium and micro enterprises (SMMEs) recover from the devasting effects of riots in KwaZulu Natal…
