You are using an older browser. For the best viewing experience please upgrade your Internet Explorer or download Google Chrome, Firefox or Safari
Just In

Columnists

Dewald van Rensburg

New NEF funding put on ice

19 May 2013 10:00

Overly optimistic expectations of the readiness of the department of trade and industry (DTI) to recapitalise the R5 billion National Empowerment Fund (NEF) has forced the agency to immediately stop all new funding before it becomes unable to honour the loans it has already approved.