The Department of Trade, Industry and Competition (DTIC) has allocated R150m for the National Empowerment Fund (NEF) to establish the Black Business Manufacturing Fund (BBMF) which will support black run small and medium sized enterprises. 

Nhlanhla Nyembe, the NEF’s Divisional Executive for SME and Rural Development, said the money would support black entrepreneurs in manufacturing various products locally across all key sectors of the economy...

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