The Department of Trade, Industry and Competition has allocated R150m for the National Empowerment Fund to establish the Black Business Manufacturing Fund which will support black run small and medium sized enterprises.
Nhlanhla Nyembe, the NEF’s Divisional Executive for SME and Rural Development, said the money would support black entrepreneurs in manufacturing various products locally across all key sectors of the economy...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
I thought NEF was bankrupt?
Hard to know wether to laugh, vomit or yawn….
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