Announcement
19 Feb 2021
In February 2021, National Empowerment Fund launched the Economic Distress Fund to support businesses that are under financial distress due to the adverse effects of the Coronavirus pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Feb 2021
Revocation date:
No revocation date
Announced: 19 Feb 2021
State loan
In force
On 19 February 2021, the South African National Empowerment Fund (NEF) announced establishing the Economic Distress Fund to provide soft loan to black-owned and managed businesses that are under finan...
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