The National Empowerment Fund (NEF) is an entity of the Department of Trade, Industry and Competition (the dtic) under the National Government of South Africa.
The vision of the National Empowerment Fund is to become the leading provider of innovative transformation solutions for an economically inclusive South Africa.
The National Empowerment Fund 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 by promoting a culture of savings and investment among black people.
In pursuit of its mandate, the National Empowerment Fund provides financial and non-financial support.
Financial support is comprised of the provision of innovative financing products to black-empowered businesses via five funds listed below:
- uMnotho
- iMbewu
- Rural and Community Development
- Strategic Projects
- Women Empowerment Funds
Non-Financial support provided includes the following services:
- Pre-investment support
- Post-investment support
- Turnaround, workouts and restructures
- Socio-economic development and asset management
Overseeing Department/Entity
Office Bearers/Management
Board Members
- Ms Lucretia Khumalo
- Ms Philile Mbokazi
- Ms Ndidi Mpye
- Ms Thabi Nkosi
Chief Executive Officer
- Mr Mziwabantu Dayimani
Chief Financial Officer
- Mr Phumudzo Siphuma
Senior Management
- Ms Karishma Govender (General Counsel)
- Mr Nhlanhla Nyembe (Divisional Executive: SME and Rural Development)
- Mr Andile Stemela (Divisional Exec: Strategy, Planning and Significant Investments)
Communications Officers
- Ms Dikatso Mothae (Acting Manager: Marketing and Communications)
Contact Details
The contact details of the National Empowerment Fund (NEF) are listed in the table below.
| Physical Address: | West Block, 187 Rivonia Road, Morningside, Johannesburg |
| Postal Address: | P.O. Box 31, Melrose Arch, Melrose North, 2076 |
| Telephone: | 011 305 8000 |
| Email: | info@nefcorp.co.za |
| Website: | www.nefcorp.co.za |
