South Africa: NEF Luminance Loan – DA Welcomes DTI Action

[DA]The DA welcomes this morning’s announcement by the Minister of Trade and Industry, Rob Davies, that his Department has issued a shareholder instruction to all agencies reporting to it in response to the R34.1 million loan extended by the National Empowerment Fund (NEF) to Ndalo Luxury Ventures (NLV), the company trading as Luminance.

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