National Empowerment Fund leader Philisiwe Mthethwa steps down
Almost R50-million of taxpayers’ money has been invested but the station is yet to broadcast a single show
The National Empowerment Fund chief executive Philisiwe Mthethwa and two other employees have been vindicated of wrongdoing, says the board.
The board of the NEF appoints Deloitte to "determine the veracity of the allegations" made against senior officials.
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.
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.
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.
The trade and industry minister has called for a detailed report from the NEF into the R34.1-million funding of a clothing shop.
Businesswoman Khanyi Dhlomo has insisted that her name did not influence the NEF to provide funding for her Hyde Park retail business.