City of Ekurhuleni Launches a R300 Million Enterprise Development Partnership With The National Empowerment Fund

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 by the Minister of Small Business Development, Ms Khumbudzo Ntshavheni, as well as 500 entrepreneurs who are among the intended beneficiaries of the R300 million committed by the two institutions over the next 3 years. Over the period the CoE and the NEF will contribute R150 million respectively towards the partnership”.