NEF and Solidarity Fund approve over R600 million post-unrest business relief to save over 5 500 jobs

Loading player...
In September 2021 the National Empowerment Fund (NEF) and the Solidarity Fund’s Humanitarian Crisis Relief Fund (HCRF) launched a financial relief programme to support small, medium and micro enterprises (SMMEs) recover from the devasting effects of riots in KwaZulu Natal and some parts of Gauteng, setting aside over R580 million for the purpose.
Stepping forward to support business recovery and save jobs
14 Apr 2022 4AM English South Africa Business News · Investing

Other recent episodes

Global fashion, local impact and lessons from Valentino’s business legacy

The fashion world is marking the passing of Italian designer Valentino Garavani, the founder of the Valentino fashion house and one of the architects of modern luxury. Over decades, his work became closely associated with global fashion capitals and with retailers and luxury groups that helped take haute couture into…
20 Jan 3PM 22 min

Unpacking 2026 global soft power index

South Africa has dropped two places in the 2026 Global Soft Power Index, now coming in at 43rd overall. Nzinga Qunta and Jeremy Sampson, chairman, Brand Finance Africa, take a closer look at what this ranking means for South Africa, how we stack up against regional peers, and what needs…
20 Jan 3PM 17 min

IMF forecasts resilient 2026 growth driven by AI amid easing

The International Monetary Fund again edged its 2026 global growth forecast higher on Monday as businesses and economies adapt to U.S. tariffs that have eased in recent months and a continued AI investment boom that has fueled asset wealth and expectations of productivity gains. Andre Cilliers, Currency Strategist at Treasury…
20 Jan 3PM 9 min