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Home>> the dti Agencies>> Development Finance and Small Business Development Institutions>> The National Empowerment Fund (NEF)

The National Empowerment Fund (NEF)

The National Empowerment Fund (NEF) is established by the National Empowerment Fund Act, 1998 (Act No. 105 of 1998). The NEF is a driver and thought leader in promoting and facilitating black economic participation by providing financial and non-financial support to black empowered businesses, and promoting a culture of savings and investment among black people.

The NEF provides business loans from R250 000 to R75 million across all industry sectors, for start-ups, expansion and equity acquisition purposes.

Acting Chairperson Mr Rakesh Garach
CEO Ms Philisiwe Mthethwa
Enabling Act National Empowerment Fund Act, No. 105 of 1998
Tel +27 (11) 305 8000
Fax +27 (11) 305 8001
E-mail (Funding) (General Enquiries)
Physical Address West block
187 Rivonia Road
Postal Address P.O. Box 31
Melrose Arch
Melrose North