“One of the major challenges facing Black women entrepreneurs is market access, which hinders their ability to secure funding. Without market access, it is difficult for entrepreneurs to pursue business growth opportunities or to compete for preferential contracts to develop…
The National Empowerment Fund (NEF) has pleasure in congratulating Dr Dumani Kula on his appointment as Chief Executive Officer of the Busamed Group. He qualified as a medical doctor at the University of Cape Town and subsequently obtained an MBA…
Following a competitive selection process from among a range of worthy contenders, I am pleased to announce the appointment of Ms. Zama Khanyile as the NEF’s Divisional Executive for Venture Capital & Corporate Finance, the second woman professional to occupy…
The commitment of the National Empowerment Fund (NEF) to empowering businesses owned and managed by black women entrepreneurs have been given a major boost following an allocation of R141 million by The dtic, the shareholder ministry of the development financier,…
A bold set of actions to grow industrial output and support greater economic inclusion was announced by the Minister of Trade, Industry and Competition, Minister Ebrahim Patel in Parliament, during his Department’s Budget Vote on Tuesday, 18 May 2021. It…
Good morning, Executives and Colleagues, and Season’s Greetings to you all. We meet today in the midst of the world’s darkest hour when humanity is under siege, reeling under the vicious onslaught of an invisible enemy. We meet, once again…
“Among its manifestations the spread of the coronavirus pandemic has resulted in the strangulation of many businesses, job losses, deepening poverty, and the erosion of the empowerment divided. That is why the National Empowerment Fund (NEF) values the organic collaboration…
Cape Town: Speaking at the Mining Indaba 2020 in Cape Town, leading development financier the National Empowerment Fund (NEF) said mining was critical for economic transformation and growth and urged the sector to “open up opportunities for black entrepreneurs across…
The Board of Trustees of the National Empowerment Fund (NEF) is disappointed by the misrepresentation of facts in a media statement issued today by the Democratic Alliance (DA) alleging that the Chief Executive Officer of the NEF “is most likely…
The much-anticipated Fetola Enterprise Development Fund, the enterprise and supplier development partnership between the City of Ekurhuleni (CoE) and The National Empowerment Fund (NEF), was launched on Friday, 6 December 2019 at the Kwa-Thema Business Hub at an event attended…
