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End of an era as empowerment icon hands over the reins of the NEF   – The Mail & Guardian

Funding in South Africa | Bizcommunity

#BehindtheBrandManager: Terri Verhoeven of Big Concerts on navigating the new events, entertainment spaceThis month, we uncover the heroes behind the brands that millions of South Africans take into their homes and hearts every day. We find out more from Terri Verhoeven, senior operations manager at Big Concerts, about managing such a well-known SA company and navigating and surviving the devastating effects of Covid-19. By Ruth Cooper Takealot competitor Everyshop officially launchesAfter a month of public testing in March, the new South African online marketplace Everyshop has officially launched, offering delivery across South Africa. really behind her mask is a fierce female who loves bubbly a little too much, takes life a little seriously, but knows the importance of working hard and balancing that out with some good fun! By Jessica Tennant

Community in South Africa | Bizcommunity

City of Cape Town opens second electric vehicle charging stationThe City of Cape Town (CoCT) has opened its second public electric vehicle (EV) charging station. The station is situated in the parking area of the Somerset West Civic Centre. E-mobility offers the city and its residents an opportunity to create a healthier, more inclusive metro. As a proactive climate change response, it will help enable our Covid-19 recovery, said the CoCT in a statement. SABC s Noxolo Grootboom announces retirementNoxolo Grootboom has announced her retirement after working for the SABC for 37 years. The public broadcaster confirmed the news on its Twitter account.

NEF launches an Economic Distress Fund

NEF launches an Economic Distress Fund The National Empowerment Fund (NEF) in partnership with the Department of Trade, Industry and Competition (the dtic) has established an Economic Distress Fund to provide concessionary business loans to Black-owned and managed enterprises that are under financial distress as a result of the Covid-19 pandemic to aid their recovery, sustain existing jobs and improve productive capacity , says CEO, Philisiwe Mthethwa. Photo by Alex Green© from Pexels “The Covid-19 pandemic has devastated the South African economy and placed the livelihoods of businesses and employees at stake. Black businesses, which historically have been constrained by the lack of access to affordable capital, have been dealt a particularly heavy blow. That is why the Economic Distress Fund will support black companies in accordance with the legislated mandate of the NEF, to mitigate the challenges that have been caused by the ongoing pandemic. Funding will be in the form

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