
National Empowerment Fund (NEF)
The National Empowerment Fund (NEF) is a South African government-owned development finance institution (DFI) that promotes and supports black economic participation through funding and empowerment initiatives. If you’re interested in starting your career with the NEF, here’s an overview of entry-level jobs, salaries, requirements, and how to apply.
Overview of Entry-Level Jobs at the NEF
The NEF offers a variety of entry-level roles, particularly in finance, administration, and project management. Some common entry-level positions include:
- Graduate Internships
- The NEF often runs internship programs for recent graduates in fields like finance, business administration, and development studies.
- These programs provide hands-on experience and exposure to the DFI sector.
- Administrative Assistants
- Entry-level roles in administration involve supporting day-to-day office operations, managing schedules, and assisting with documentation.
- Finance and Investment Analysts
- Junior roles in finance involve assisting with financial analysis, reporting, and investment evaluations.
- Project Coordinators
- Entry-level project management roles focus on supporting the implementation of empowerment projects and initiatives.
Salaries for Entry-Level Jobs
Salaries at the NEF vary depending on the role, qualifications, and location. Here’s a general idea of what to expect:
- Graduate Internships: Stipend-based, typically ranging from ZAR 5,000 to ZAR 10,000 per month.
- Administrative Assistants: ZAR 8,000–ZAR 15,000 per month.
- Finance and Investment Analysts: ZAR 12,000–ZAR 20,000 per month.
- Project Coordinators: ZAR 10,000–ZAR 18,000 per month.
Salaries may increase with experience, performance, and promotions.
Requirements for Entry-Level Jobs
The requirements vary depending on the role, but here are some general qualifications:
- Graduate Internships
- A relevant degree (e.g., Finance, Business Administration, Economics, or Development Studies).
- Strong academic record.
- South African citizenship.
- Administrative Assistants
- Matric certificate (a diploma or degree in Office Administration or a related field may be advantageous).
- Proficiency in Microsoft Office.
- Strong organizational and communication skills.
- Finance and Investment Analysts
- Degree in Finance, Accounting, Economics, or a related field.
- Basic understanding of financial analysis and reporting.
- Strong numerical and analytical skills.
- Project Coordinators
- Degree in Project Management, Business Administration, or a related field.
- Basic understanding of project management principles.
- Strong communication and organizational skills.
How to Apply for Entry-Level Jobs at the NEF
- Visit the NEF Website: Check the “Careers” or “Vacancies” section for current openings.
- Prepare Your Application:
- Update your CV to highlight relevant skills, qualifications, and experience.
- Write a tailored cover letter explaining your interest in the role and the NEF’s mission.
- Submit Your Application: Follow the instructions on the job posting. This may involve emailing your application or applying through an online portal.
- Follow Up: If you don’t hear back within a few weeks, consider following up via email or phone.