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INSIDE YOUR BUSINESS - The NEF celebrates 20 years of funding success

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Manage episode 413041634 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Mziwabantu Dayimani – Acting CEO of the NEF
The National Empowerment Fund, a leading financial institution dedicated to fostering black economic development and empowerment, is proud to announce significant accomplishments in advancing entrepreneurship, job creation, and community development across South Africa. Since inception, the NEF has approved 1,603 transactions totaling more than R14.1 billion, with over R9.614 billion disbursed to beneficiary companies.
Notably, over R5 billion has been repaid by investees, demonstrating the program's sustainable impact. Continuing its commitment to excellence, the NEF has secured clean external audit opinions for 19 consecutive years, affirming its sound financial management practices and transparency. Through strategic investments and partnerships, the organization has facilitated the creation of 121 125 job opportunities, with 75 736 being new positions. Additionally, 24 strategic and industrial projects, valued at R12.6 billion, have been initiated, with the potential to support over 52 000 jobs. Kaya FM
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168 episodes

Artwork
iconShare
 
Manage episode 413041634 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Mziwabantu Dayimani – Acting CEO of the NEF
The National Empowerment Fund, a leading financial institution dedicated to fostering black economic development and empowerment, is proud to announce significant accomplishments in advancing entrepreneurship, job creation, and community development across South Africa. Since inception, the NEF has approved 1,603 transactions totaling more than R14.1 billion, with over R9.614 billion disbursed to beneficiary companies.
Notably, over R5 billion has been repaid by investees, demonstrating the program's sustainable impact. Continuing its commitment to excellence, the NEF has secured clean external audit opinions for 19 consecutive years, affirming its sound financial management practices and transparency. Through strategic investments and partnerships, the organization has facilitated the creation of 121 125 job opportunities, with 75 736 being new positions. Additionally, 24 strategic and industrial projects, valued at R12.6 billion, have been initiated, with the potential to support over 52 000 jobs. Kaya FM
  continue reading

168 episodes

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