Latest articles on National Empowerment Fund

South Africa excludes refugees and asylum seekers from Covid-19 aid

Despite being protected in South Africa by law, these groups have been swept aside when it comes to relief packages

EFF offering a solution to the dominance of banking’s Big Five

Many argue such banks will allow the unbanked entry and offer appropriate banking products and services, including to small and medium enterprises

Black firms can again ask for loans from bailed-out NEF

The NEF anticipates receiving billions from the national treasury over the next three years, and a possible R1-billion through a "loan facility".

Did the Mandela movie really sustain 12 000 jobs?

The NEF says 12 000 jobs were "sustained" during the production of "Mandela: Long Walk to Freedom". But that claim's false, according to Africa Check.

NEF’s Philisiwe Mthethwa fights back in Parliament

After weeks of allegations and questions around her conduct as NEF chief executive, Philisiwe Mthethwa has defended herself in Parliament.

Davies calls for investigation into NEF head

Trade and Industry Minister Rob Davies has called for an investigation into allegations aganst NEF head Philisiwe Mthethwa.

Khanyi Dhlomo and NEF hit back against reports

The rural women ownership in luxury store Luminance is well on track, according to Khanyi Dhlomo and the NEF, in response to reports to the contrary.

Khanyi Dhlomo’s Luminance is a little murky

The rural women who Khanyi Dhlomo says are part owners of her luxury store are reportedly in the dark about the deal, writes Verashni Pillay.

Davies issues directive to prevent similar NEF, Luminance deals

Government has issued a new directive in the wake of the controversy over an NEF loan to Khanyi Dhlomo to open luxury retail store Luminance.

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Gauteng responds to grave concern

The news of Gauteng’s grave site preparations raised alarm about the expected number of Covid-19-related deaths in the province

Demolition of hope in Hangberg

The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders

Sassa disses disability grant applicants

Towards the end of level four of the lockdown, Sassa offices reopened for applications for old age pensions and childcare and foster care grants, but not for disability grants

Press Releases

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

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