Questions on effectiveness, FINANCIAL MAIL

FINANCIAL MAIL, Supplement A Page 21

Government's Integration of black economic empowerment policy with industrial policy is expected to fast-track the growth of black businesses. The National Empowerment Fund (NEF) will take a leading role in the promotion and support of new black-run businesses. In the 2012/2013 fiscal year, the fund will spend R1,03bn on its financial and nonfinancial support programmes.

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