Latest articles on NEF

NEF’s Philisiwe Mthethwa ‘cleared of wrongdoing’

Article Sapa - 19 Nov 2013

The National Empowerment Fund chief executive Philisiwe Mthethwa and two other employees have been vindicated of wrongdoing, says the board.

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NEF boss stays put as auditors probe graft claims

Article Thalia Holmes - 4 Oct 2013

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

Article Verashni Pillay - 27 Aug 2013

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

Analysis Verashni Pillay - 26 Aug 2013

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.

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Davies issues directive to prevent similar NEF, Luminance deals

Article Lynley Donnelly - 23 Aug 2013

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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Minister calls for report into Khanyi Dhlomo’s NEF funding

Article Sapa - 31 Jul 2013

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

Article Staff Reporter - 30 Jul 2013

Businesswoman Khanyi Dhlomo has insisted that her name did not influence the NEF to provide funding for her Hyde Park retail business.

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