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NEF backs Black woman-owned Makwande in a major investment boost

Oct 28, 2024 | bizcommunity.com | Tumelo Dichabe

Advertise your job vacancies2 days7 days30 daysBy Industry Show more View on iono.fm, Apple, Spotify or downloadable app The National Empowerment Fund (NEF) has completed a major investment in Makwande Supply and Distribution, a 100% Black woman-owned business headquartered in Alrode, Gauteng, with depots across provinces including Mpumalanga, Free State, and Limpopo.
Economic inclusion: Landmark partnership signed between NEF and B-BBEE Commission

Oct 12, 2024 | bizcommunity.com | Tumelo Dichabe

Advertise your job vacancies 2 days7 days30 daysBy Industry Show more The National Empowerment Fund (NEF) and the Broad-Based Black Economic Empowerment (B-BBEE) Commission have solidified a landmark partnership by signing a Memorandum of Agreement (MoA) at the NEF Head Office in Sandton this week. This agreement sets the foundation for enhanced collaboration between the two organisations, focusing on implementing and enforcing the B-BBEE Act and promoting economic inclusion.
No magic genes needed: Anyone can master entrepreneurship

Sep 12, 2024 | bizcommunity.com | Heather Lowe |Tumelo Dichabe

Advertise your job vacancies2 days7 days30 daysBy Industry Show more A common misconception is that entrepreneurship is an innate skill and if you are lucky enough to be born with it, you will always be successful. The art and science of entrepreneurship If we agree that the definition of entrepreneurship is the activity of setting up a business and taking on financial risk in the hope of realising a profit, then it is very clearly something that can be taught.
Yoco's new payments system set to boost small business

Aug 10, 2024 | bizcommunity.com | Tumelo Dichabe

Advertise your job vacancies 2 days7 days30 daysBy Industry Show more At Yoco Next, Yoco introduced three innovative additions to its product ecosystem: the Yoco App, Yoco Counter, and Table by Yoco. These tools offer comprehensive solutions for businesses of all sizes, focusing on streamlining operations and improving customer engagement, all at a great price.
Black youth-owned SME Pascal Interior Designs secures R5.3m NEF backing

Jun 26, 2024 | bizcommunity.com | Tumelo Dichabe

The National Empowerment Fund (Nef) has announced an investment in Pascal Interior Designs and Carpentry Services, a Black youth-owned company specialising in high-end interior design and custom cabinetry. Established in 2018 by entrepreneur Pascal Hlongwane, Pascal Interior Designs and Carpentry Services has captured significant market attention through its bespoke carpentry offerings including kitchens, built-in cupboards, vanity bars, and wine cellars.
450 emerging creatives shortlisted for the Debut Programme

Apr 12, 2024 | bizcommunity.com | Katja Hamilton |Tumelo Dichabe |Evan-Lee Courie

Search jobs The Debut Programme, aimed at empowering emerging creatives across South Africa, launched its Kickstarter Training phase for the third iteration with a virtual welcome event on Thursday, 11 April 2024. This follows a highly successful recruitment drive that attracted 2,140 applications nationwide, showcasing the programme's expanding reach and impact.
Lula's two-hour working capital access revolutionises SME funding in South Africa

Feb 14, 2024 | bizcommunity.com | Tumelo Dichabe

Last year, SA’s small and medium-sized business owners found that access to working capital is their biggest stumbling block. This is according to a recent report from B2B funding innovator Lula, who surveyed hundreds of SMEs and entrepreneurs. In response, Lula has recently streamlined its offerings to provide the quickest turnarounds for business funding products yet seen in the South African market.
The need for forward-thinking ESD strategies in South Africa's rural communities

Feb 2, 2024 | bizcommunity.com | Mpopi Khupe |Tumelo Dichabe |Theo van Zyl |Heather Lowe

In South Africa's corporate engagement within rural and peri-urban communities, a recurring narrative persists: a bias towards non-core ESD programmes and interventions overshadows the essential need for holistic, forward-thinking Enterprise and Supplier Development (ESD) strategies to boost small business growth.