How empowerment fund destroyed a business, Timeslive.co.za – Times Live
How empowerment fund destroyed a business, Timeslive.co.za – Times Live
With one stroke of incompetence, the National Empowerment Fund destroyed a Pretoria company that had been running for 16 years, leaving the owner suicidal and on the verge of losing her home.
Public Protector Thuli Madonsela found that, due to maladministration, the agency contributed to the demise of Best Care Medical Supplies, which is owned by Naomi Ngwenya. The agency's task is to fund black-empowered businesses.
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