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    Leane Hendricks is proving that South Africans can also run successful spaza shop businesses by starting small and serving their communities. Phone: supplied

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    Goats feast on a pile of litter in central Johannesburg as concern rises about poor service delivery's impact on businesses

    Infrastructure collapse hits Gauteng SMEs ahead of elections

    The latest diesel price hike is expected to increase operating costs for transport operators, farmers and other small businesses across South Africa.

Photo: FDS

    Diesel price hike piles pressure on small businesses

    A proposed increase in peanut butter import duties could create new opportunities for local food manufacturers and SMEs. Photo: sunbeltexpo

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    Digital platforms fuel new wave of township business growth

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    Carmen Stevens launched Carmen Stevens Wines in 2011. Today the business is recognised as South Africa’s first 100% Black-owned and woman-owned winery.

    How SA’s first black woman winemaker conquered the global market

    Leane Hendricks is proving that South Africans can also run successful spaza shop businesses by starting small and serving their communities. Phone: supplied

    Woman entrepreneur proves locals can crack it in spaza sector

    Shop2Shop & Pay@ deal gives township traders new income stream

  • Agriculture

    New agreement grants free harbour access to local fishers

    Young academic uses education to boost market access for farmers

    Carmen Stevens launched Carmen Stevens Wines in 2011. Today the business is recognised as South Africa’s first 100% Black-owned and woman-owned winery.

    How SA’s first black woman winemaker conquered the global market

    The Eastern Cape has launched an R80 million grain commercialisation drive to support emerging farmers and expand commercial grain production.

Photo:wandilesihlobo.com

    Eastern Cape commits R80m to support emerging grain farmers

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    SME food operators reclaim margins as national pork prices drop

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    Emerging farmers urged toward commercial livestock production

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    Cape Town port backlog squeezes fruit farmers

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    SA innovator sparks investor interest at international tech show

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    A long wait for care at a hospital gave Sibongile Mongadi an idea for her business. Photo. Supplied

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    Agritech platform brings digital precision to livestock farming

    Setšong Tea Crafters was able to overcome barriers that often keep rural enterprises out of mainstream retail channels. Photo. Lucas Ledwaba\Mukurukuru Media

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  • Finance

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    New Stats SA data shows more than 750 business insolvencies were recorded in South Africa during the first half of 2026. 

Photo: OLIVIER LE MOAL

    More than 750 firms go insolvent as SA companies feel the pinch

    Property players are urging caution as another rate hike could dampen the sector’s confidence.

    Property sector warns rate hike could delay market recovery

    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

    Standard Bank and DHL partner to expand SME exports

    Minister Stella Ndabeni Abrahams officiates the handover of a Caterpillar excavator to Mbalelanga Trading Enterprise under the Business Infrastructure Support Programme in Buffalo City Metropolitan Municipality.
Photo: DSBD

    Ministerial Small Business Clinic equipment donation boosts SMEs

    The government has introduced temporary fuel price relief worth R17.2 billion due to rising global fuel costs linked to the Middle East conflict.

    Treasury keeps fiscal stability despite global conflict

    Rise in inflation is putting SMEs under strain

    SMEs brace for pressure as inflation jumps to 4%

    Container traffic at South African ports remains under pressure as businesses call for faster infrastructure reforms.

    R2.7bn loan deal brings relief but SMEs remain under pressure

    SME funding has improved access to finance through the partnership between Ozow and Lula.

    Ozow and Lula partner to boost SME funding access in SA

    Entrepreneurs are increasingly citing compliance barriers, poor communication and rigid lending criteria as major obstacles to accessing capital.

    SMEs still locked out despite billions in available funding

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    TriLand tourism plan could boost Mpumalanga’s economy

    South African Tourism Minister Patricia de Lille and Mauritian Tourism Minister Richard Duval during the signing of a tourism cooperation agreement at Africa’s Travel Indaba 2026 in Durban. Photo: DoT

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    Limpopo is positioning tourism infrastructure as part of a broader economic development strategy aimed at attracting investors. Photo. Lucas Ledwaba\Mukurukuru Media

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    The delegation from the province's five districts showcased accommodation, wellness services, cultural tourism and adventure experiences to both local and international buyers. Photo. Ledet

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    Leane Hendricks is proving that South Africans can also run successful spaza shop businesses by starting small and serving their communities. Phone: supplied

    Woman entrepreneur proves locals can crack it in spaza sector

    A spaza owner sits outside his supermarket in Kliptown, Soweto. Photo: Nhlanhla Phillips

    Step-by-step guide on how to apply for Spaza Shop Support Fund

    Entrepreneurs are proving that growth no longer depends on having a physical store. Photo SME SA

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    Moovy Delivery founder Nhlanhla Nkosi turned a gap in township logistics into a growing courier business. Photo Supplied

    Top tips to grow a successful business in SA’s township economy

    Naledzani Mosomane, Head of Enterprise and Supplier Development at Standard Bank South Africa, says the expanded Export Readiness Programme will help more SMEs become export-ready.
Photo: Supplied

    Standard Bank and DHL partner to expand SME exports

    A multi-billion-rand manufacturing boom is taking shape as South Africa accelerates industrialisation through regional value chains under the Southern African Customs Union (SACU).

    How SMEs can win big from SACU’s new industrial hubs

    Many businesses are building their online presence on platforms they do not own, which means they have no real control over how their content is shared or seen.

    Top tips on how entrepreneurs can grow their online presence

    Entrepreneurs should prepare financial records and plans as lenders assess credit, cash flow and repayment. Photo: finzway

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    Innovation-led industrialisation aims to strengthen manufacturing, create jobs and integrate SMEs into regional value chains. Photo: ceo monthly

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R10m NEF investment powers woman owned civil engineering company

by Azwidohwi Mamphiswana
May 5, 2026
in Business, Finance
Reading Time: 4 mins read
A A
The NEF notes in its report that Onkabetse Civils and Mining has received approximately R10 million in investment through the blended finance programme. Photo. Onkabetse Civils

The NEF notes in its report that Onkabetse Civils and Mining has received approximately R10 million in investment through the blended finance programme. Photo. Onkabetse Civils

Civil engineering company Onkabetse Civils and Mining CC has become one of the beneficiaries of the Northern Cape Blended SMME Fund, a provincial development finance initiative aimed at expanding access to capital for black-owned small businesses.

Founded in 2012, the 100% black female-owned business is based in the Sol Plaatje Local Municipality in Kimberley. It operates in the civil construction sector, providing services that include road construction and maintenance, earthworks, stormwater systems, sewer infrastructure, and plant hire services across the Northern Cape.

The business is supported through the Northern Cape Blended SMME Fund, a financing programme implemented by the National Empowerment Fund in partnership with the Northern Cape Department of Economic Development and Tourism.

The fund was launched in 2021 and is scheduled to run until 2027. It was established to address one of the most persistent barriers facing small businesses in South Africa—access to finance.

According to NEF Regional Manager Kgatliso Manake, women-owned businesses remain among the strongest performers under the fund.

“What I have found out is that women entrepreneurs really pay us back. Most importantly, they reinvest the proceeds that they make, they buy more stock, and they also employ more staff as well. When you empower a woman, you really do empower the whole community,” Manake said.

By combining loan funding from the NEF with grant contributions from the provincial government. The blended structure is designed to reduce the cost of capital while supporting business expansion and sustainability.

NEF CEO Mziwabantu Dayimani said the broader objective of the fund is to reposition black-owned enterprises within key sectors of the economy.

“The objective is to ensure that black-owned enterprises are able to grow, compete and participate meaningfully in the economy, rather than remain on the margins,” he said.

R10 million boost and 13 jobs created

The NEF notes in its report that Onkabetse Civils and Mining has received approximately R10 million in investment through the blended finance programme, aimed at strengthening its operational capacity and enabling it to compete for larger infrastructure contracts.

According to the NEF, the company has created 13 permanent jobs, with additional employment opportunities generated through project-based work.

Company founder Maria Mooketsi says the journey has required patience, resilience, and continuous learning in a demanding industry.

“There are challenges in running a business. It is not easy, but we are really dedicated and we have patience in terms of the challenges we are experiencing. With the knowledge that we have, we are really trying our best every day to strive for better,” she said.

She added that growth in business requires ongoing learning.

“It starts with believing in yourself. There is nothing that can kill you if you have a dream. Learning doesn’t end in school, we learn every day.”

Fund continues to support businesses

The Northern Cape Blended SMME Fund continues to support businesses across the province as part of a broader strategy to stimulate inclusive economic growth, with a focus on construction, mining services, agriculture, manufacturing and other high-employment sectors.

As the programme moves towards 2027, institutions such as the NEF say the focus remains on scaling sustainable enterprises that can contribute to job creation and long-term economic participation in the province.

“All you need to do is look at the right place and look for the right people, and to learn more,” Mooketsi said.

Tags: National Empowerment Fund in Northern CapeNorthern Cape Blended SMME FundOnkabetse Civils and Mining CCSMME funding
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Azwidohwi Mamphiswana

Azwidohwi Mamphiswana

A seasoned professional with extensive experience in the field. Her studies stem from Geomatics, certified in mining and skilled in industry practices. She holds a Cum Laude degree, while specialities are in economics, mining, engineering, finance, business, science, innovation and technology.

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