RFP: NEF 01/2020/21
The National Empowerment Fund Act No.105 of 1998 established the National Empowerment Fund Trust (NEF), for the purpose of promoting and facilitating economic equality and transformation, by providing development finance for black owned and managed South African businesses and by designing investment products in promoting savings and investment activity amongst Black South Africans. The NEF is an agency of the Department of Trade and Industry (the DTI) and is committed to the implementation of the Broad Based Black Economic Empowerment Act 53 of 2003, and the Codes of Good Practice.
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