Davies to negotiate recapitalisation of empowerment fund, BUSINESS DAY (Late Final, page 2 TRADE and Industry Minister Rob Davies will engage with the Treasury on recapitalising the National Empowerment Fund (NEF), the government vehicle set up in 1998 to fund…
National Empowerment Fund seeks recapitalisation, Bdlive.co.za - Business Day Live THE National Empowerment Fund (NEF), the government vehicle set up in 1998 to fund black empowerment transactions and enterprises, said on Tuesday it had been forced to cease making disbursements…
Empowerment fund seeking recapitalisation, BUSINESS DAY (Late Final) Page 2 THE National Empowerment Fund (NEF), the government vehicle set up in 1998 to fund black empowerment transactions and enterprises, said yesterday it had been forced to cease making disbursements and…
TopTV mess costing South Africa, MyBroadband.co.za - My Broadband Perhaps best known for its foray into pornography, TopTV’s anti-climax in the world of broadcasting has resulted in a little-known fact: South Africa has suffered a loss of almost R1.2-billion because…
TopTV''s flop gobbles up state funds, Mg.co.za - Mail & Guardian Perhaps best known for its foray into pornography, TopTV's anti-climax in the world of broadcasting has resulted in a little-known fact: South Africa has suffered a loss of almost…
New Specs, ENGINEERING NEWS, Page 14 Global energy group BP has announced a R5.5-billion five-year investment plan for South Africa and Mozambique, including a R2.5-billion capital expenditure programme to upgrade the Sapref refinery, in Durban, positioning it to produce fuels…
No loan hampers job creation, Fin24.com - Finweek A Fin24 user says the fact that banks won’t lend to his self-employed wife is hampering job creation. He writes: My wife is self-employed, running a successful one-woman business for about four…
Who should I contact to fund my BEE partner’s buy-in to my business?, Entrepreneurmag.co.za - Entrepreneur Mag Once a BEE Partner is found, the next hurdle is likely to be financing of the ownership acquisition transaction, which can be arranged…
Franchise expansion, Fm.co.za - Financial Mail Some SA fuel companies have pinned their hopes on the National Empowerment Fund (NEF) to help expand their retail fuel service stations across the country and get the edge on competition while also working…
Giving up was never an option, FINWEEK (English) Page 50 Founded just before the dawn of democracy in January 1993 by Sindi Zilwa and her brother Mzi Nkonki in Umtata in the Eastern Cape, Nkonki Inc (Nkonki) has become the…
