🌍✨ Happy Human Rights Day! Today, we celebrate the fundamental rights and freedoms that belong to every individual. Let us honor the courageous individuals who fought for justice and equality, and renew our commitment to upholding human dignity for all. #NEFEmpowered
National Empowerment Fund
Financial Services
Johannesburg, Gauteng 8,963 followers
Growing Black Economic Participation
About us
NEF Mandate: Established by the National Empowerment Fund Act No 105 of 1998 (NEF Act), the National Empowerment Fund (the NEF) is a driver and thought-leader in promoting and facilitating black economic participation by providing financial and non-financial support to black-owned and managed businesses, and by promoting a culture of savings and investment among black people. NEF business funding is from R250 000 to R75 million and where the funding requirement is greater, this is normally financed through third-party support. As at November 2021 the NEF had approved in excess of R11.2 billion across various sectors country-wide, with a total project value of R20.37 billion, supporting over 105 949 jobs. Investment Funds: NEF funding is obtainable from the following specialist Funds: 1. The Women Empowerment Fund (WEF) facilitates the provision of funding to businesses owned and managed by black women across a range of sectors for start-up, expansion and equity acquisition purposes. 2. iMbewu Fund supports black SMEs for franchise, procurement and entrepreneurship finance in support of new and existing black-owned businesses seeking to expand through debt, quasi-equity and equity finance products. 3. uMnotho Fund is designed to improve access to BEE capital through Acquisition Finance, Project Finance, Expansion Finance, Capital Markets Fund, and Liquidity and Warehousing. These products provide capital to black-owned and managed enterprises that are buying equity shares in established enterprises, new ventures and expansions. 4. The Rural, Township and Community Development Fund (RTCDF) provides funding to aspiring rural entrepreneurs and facilitates skills transfer to and operational involvement by community groups. 5. The Strategic Projects Fund (SPF) is mandated to increase the participation of potential black industrialists in early-stage projects in order to maximise South Africa's industrial productive capacity across key economic sectors.
- Website
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http://www.nefcorp.co.za
External link for National Empowerment Fund
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Johannesburg, Gauteng
- Type
- Government Agency
- Founded
- 1998
- Specialties
- Asset Management, Fund Management, Financial and non-financial solutions, A leader in venture capital finance, A catalyst for Broad-Based Black Economic Empowerment, Women Empowerment Fund (WEF), Entrepreneurship Finance, Acquisition Finance, Expansion Capital, Capital Markets, Liquidity & Warehousing, Procurement Finance, Franchise Finance, New Venture Capital, Expansion Capital, Arts and Culture Venture Capital, Tourism Transformation Fund, Strategic Projects Fund, Rural, Township and Community Development Fund, iMbewu Fund, uMnotho Fund, Funding Instruments, Pre-Investment Unit (PIU), Post-Investment Business Support Unit (POIU), Growing Black Economic Participation, Black Business Manufacturing Fund , Enterprise and Supplier Development, NEF COVID-19 Economic Distress Fund, Codes of Good Practice, and An academy of excellence
Locations
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Primary
187 Rivonia Road
Johannesburg, Gauteng 2196, ZA
Employees at National Empowerment Fund
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Simphiwe Kanityi
Social Media Officer
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Nthato Owen Makhubo
Marketing Coordinator at National Empowerment Fund
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Olwethu Mafanya
Investment Banker | Private Equity | Family Office | Principal | Director | Non Executive Director | Oxford MBA
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Hulisani Makhuvha
Investment Associate at National Empowerment Fund
Updates
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🚀 Applications Now Open – Apply Now! 🚀 Attention businesses in Ledig, Mahobieskraal, and Phatsima! The opportunity you’ve been waiting for is finally here! 📢 Applications are now open for funding designed to support local entrepreneurs and suppliers. ⏳ Don't wait – the deadline is fast approaching! Get the funding guidelines and application form now from the link below and apply today! https://lnkd.in/egA2YNQk hashtag #NEFempowered hashtag #BakubungPlatinumMine hashtag #NEF_BPM hashtag #WesizwePlatinum hashtag #FundingOpportunity
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🚀 Empowering Women in Franchising! 🚀 On Friday, March 14, our very own Ms. Siziwe Zulu, NEF Business Development Officer & recently elected WIFA Communities Committee Chairperson, attended the WIFA (Women in Franchising Africa) Annual Breakfast—themed "The Network Multiplier." As a panelist, she shared insights on Franchise Funding, highlighting the NEF’s funding offerings and the mentorship program by WIFA. 💡 WIFA Founder Akhona Qengqe, General Manager of KFC Africa, emphasized the importance of fostering networks for aspiring and existing franchisees, professionals, and corporates who champion women's inclusion in franchising. Want to explore franchise funding opportunities? Learn more here
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🚀 Big Opportunities Coming Soon! Attention businesses in Ledig, Mahobieskraal, and Phatsima! Something exciting is on the horizon to support local entrepreneurs and suppliers. Stay tuned for more details on how you can access funding and grow your business! #NEFempowered #BakubungPlatinumMine #NEF_BPM Wesizwe Platinum Ltd.
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Today in Upington (Northern Cape), the South African Human Rights Commission SAHRC hosted a commemoration of International Women’s Day, focusing on critical issues affecting women in our society. The event featured a keynote address by Advocate Thuli Madonsela, law professor and former Public Protector, who emphasised the importance of women's leadership, economic empowerment, and the urgent need to address gender-based violence and sexual and reproductive health rights. Representatives from the National Empowerment Fund (NEF), Ms. Mpume Majola, Pre-Investment Manager, and Ms. Siziwe Zulu, Business Development Officer, discussed "Economic Development and Empowerment for Women." They highlighted the NEF's mandate to promote and facilitate black economic participation by providing financial and non-financial support to black-owned and managed businesses. Their remarks underscored the importance of transforming the economic landscape to ensure women's active participation and empowerment. Together, we are committed to driving change and ensuring that women's voices are heard and valued. Let’s continue to advocate for equality, empowerment, and the rights of women everywhere! 💪💖 #NEFempowered
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National Empowerment Fund reposted this
In today’s tough economic climate, business distress is a reality that many companies face—but it does not have to be a death sentence. Business rescue and turnaround strategies have become one of the most critical commercial and legal interventions for companies in crisis, writes Ms Karishma Govender, Manager: Turnarounds, Workouts and Restructuring at the National Empowerment Fund.
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In today’s tough economic climate, business distress is a reality that many companies face—but it does not have to be a death sentence. Business rescue and turnaround strategies have become one of the most critical commercial and legal interventions for companies in crisis, writes Ms Karishma Govender, Manager: Turnarounds, Workouts and Restructuring at the National Empowerment Fund.
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Celebrating International Women's Day 2025, Accelerating Action for Gender Equality In response, the National Empowerment Fund (NEF) promotes financial equality for women through its Women Empowerment Fund (WEF), which has supported women's access to funding for over a decade. The NEF has approved nearly 40% of applications from women entrepreneurs in the last 15 years, underscoring its commitment to women's initiatives. The NEF calls for women entrepreneurs to seek funding to foster a more equitable future. #AccelerateAction #IWD2025 #NEFEmpowered
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Join the NEF and the B-BBEE Commission this evening at the University of the Free State, where we’ll be exhibiting alongside our investees from the province. Don’t miss this opportunity to be part of this historic lecture—RSVP using the link below!
Commissioner of the B-BBEE Commission, Mr. Tshediso Matona will present the inaugural guest lecture on B-BBEE on 5 March 2025. The Commission will also be signing an MoU with the University of the Free State, in an effort to strengthen working relations on academic research and awareness on B-BBEE. click on link to rsvp: https://lnkd.in/d72XpsEg Date: 05 March 2025 Venue: Centenary Complex, University of the Free State Time: 17H00 – 19H00 #BBBEEatwork #bbbeecommission The Competition Commission South Africa National Empowerment Fund Companies Tribunal
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🪑✨ Calling all aspiring furniture designers! the dti (Department of Trade and Industry: Republic of South Africa) Furniture Design Competition is here, and it’s your chance to showcase your innovative designs. Ready to make your mark? Visit https://lnkd.in/dHMXr2v7 to apply by September 30, 2025! For more information on the competition email the dtic on FurnitureDesign@thedtic.gov.za PS. While we are on the subject of furniture - don’t forget - the National Empowerment Fund (NEF) offers a dedicated Furniture Fund to support companies working in the furniture industry. This is an incredible opportunity to elevate your design ideas and potentially receive the backing you need to bring them to life! To learn more about how to apply for funding, visit our website www.nefcorp.co.za 🌟 #NEFEmpowered #FurnitureDesignCompetition #FurnitureFund
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