National Empowerment Fund
latest news & developments
Hunt on for PIC’s lost billions
Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
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
Black industrialists programme needs an overhaul
If the programme is to be a success, the government needs to use all the tools in its kit — and it should start with a definition of what a black industrialist is
End of an era as empowerment icon hands over the reins of the NEF
National Empowerment Fund leader Philisiwe Mthethwa steps down
R1.5bn in funding approved for riot-hit businesses
Agencies emphasise that speed is crucial to rescuing firms affected by July’s unrest
Khaya Koko: The theatre that is our journalism
Journalists’ voices should be the very loudest in calling for the culling of the corrupt among us
Pandemic travel: Tala Game Reserve embarks on a turnaround
Travelling during the pandemic: Tala was rocked by mismanagement and then Covid-19, but proved to be resilient
Rhythm FM is R52-million of dead air
A R6-million lawsuit is offering new insight into why the state-funded station has not yet broadcast
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.