Nef
latest news & developments
ANC, DA in ugly war over ‘nonsense’ BEE bill
The fallout is the latest threat to the fragile government of national unity that has frequently come to the brink of collapse over policy clashes between its two largest parties
End of an era as empowerment icon hands over the reins of the NEF
National Empowerment Fund leader Philisiwe Mthethwa steps down
Seven years’ radio silence for taxpayer-funded Rhythm FM
Almost R50-million of taxpayers’ money has been invested but the station is yet to broadcast a single show
NEF’s Philisiwe Mthethwa ‘cleared of wrongdoing’
The National Empowerment Fund chief executive Philisiwe Mthethwa and two other employees have been vindicated of wrongdoing, says the board.
NEF boss stays put as auditors probe graft claims
The board of the NEF appoints Deloitte to "determine the veracity of the allegations" made against senior officials.
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.
Minister calls for report into Khanyi Dhlomo’s NEF funding
The trade and industry minister has called for a detailed report from the NEF into the R34.1-million funding of a clothing shop.
Khanyi Dhlomo: NEF funding was above board
Businesswoman Khanyi Dhlomo has insisted that her name did not influence the NEF to provide funding for her Hyde Park retail business.