UIF and NEF Launch R1 Billion Fund to Support Black-Owned Businesses and Jobs

StartUp Magazine | 30.09.2026 21:18
UIF and NEF Launch R1 Billion Fund to Support Black-Owned Businesses and Jobs. The Unemployment Insurance Fund (UIF) and the National Empowerment Fund (NEF) have launched a R1 billion fund aimed at providing seed capital and financial support to qualifying Black-owned and Black-managed businesses.