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December 4, 2008
Lifeline offered to BEE casualties
Cape Town - Black economic empowerment (BEE) companies that found themselves in financial difficulties because of the economic crisis should approach the National Empowerment Fund (NEF) and the Industrial Development Corporation (IDC) for help, trade and industry director-general Tshediso Matona said yesterday.
During a media briefing in Pretoria that was beamed to Cape Town, Matona was asked whether he was considering a new instrument to support black empowerment companies, particularly those that found themselves in financial trouble or marginalised.
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Posted by StaffWriter at December 4, 2008 8:43 AM