Billions lent to thousands of black firms
Since 2016 the DTIC has advanced R100bn through its black industrialists programme
31 March 2024 - 09:34
In 2016, Nhlanhla Dlamini decided to start a business manufacturing pet foods after seeing a gap in home-grown products that could be exported to international markets. He founded Maneli Pets, which has set an ambitious target of creating 1,000 jobs.
Dlamini — who has a background in management consulting — is a recipient of funding via the government's black industrialists' programme, established eight years ago to provide funding and other forms of support to black-owned firms seeking to scale-up and compete with established players. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.