As the municipality of Saldanha seeks to develop and diversify its economy,

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 ENGEN said yesterday it was aiming to increase its number of black-owned service stations from the current 40%.

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SMILES, song and sweltering heat were the hallmarks of last week’s official launch of the Middledrift Dairy – a project borne from a partnership between skilled white farmers and black land owners.

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THE National Empowerment Fund is close to reaching its R2 billion milestone for funding black entrepreneurs who require finance for start-up, expansion and equity transactions.

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Science and Technology Minister Naledi Pandor says her department is looking at the
possibility of reactivating and re-establishing space rocket launch facilities in South Africa,
confirming a statement by an official in Parliament last year.

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The Industrial Development Corporation and the National Empowerment Fund are working with US-Russian consortium Magnesium and Metals to build a US$1.2-billion (about R9.2-billion) rare metals refinery in South Africa.

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Cape Town - The JSE market capitalisation of broad-based empowerment deals has fallen to 3% this year from 9% in 2008 owing to the weak economy,said National Empowerment Fund (NEF) CEO, Phillisiwe Buthelezi.....read more

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Presenter: Semeyi Zake Guest(s): Frencel Gillion Summit TV speaks to Frencel Gillion from the National Empowerment Fund (NEF) about the online tools they’re offering to help small business entrepreneurs with their planning and financial control Semeyi Zake: Welcome to business IQ. The National Empowerment Fund recently launched an online business planner - that’s a tool for small businesses to plan and for financial projection purposes. This is meant to help a sector under immense pressure in So....read more

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Summit TV speaks to Frencel Gillion from the National Empowerment Fund (NEF) about the online tools they’re offering to help small business entrepreneurs with their planning and financial control ....read more

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MTN deal `requires cabinet stamp` Lack of BEE `is of concern` September 15, 2009By Reuters and Thabiso MochikoThe proposed tie-up between MTN and India`s Bharti Airtel needed cabinet approval, a senior government official said yesterday as the deal entered a critical week. The statement came as a team from the Indian firm met stakeholders in South Africa, according to a source who said it was possible that the talks could extend a few days past a September 30 deadline
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