Farah C. Fortune

IDC accused of funding bias as black entrepreneur claims rejection while white rival gets R69m. IDC accused of funding bias as black entrepreneur claims rejection while white rival gets R69m. brnw.ch/21x0WBm

Hi guys, So my baby has an opportunity to perform in jhb, and we raising funds for our little star to get on her trip. Any donation helps. backabuddy.co.za/campaign/help-…

The Disenchantment that comes with being a black entrepreneur looking for funding 🥀 Consistently rolling with the punches 😔

People that have never ever started businesses in their lives are administering boundaries for innovation and entrepreneurs at funding institutions 🤣😭

The @IDCSouthAfrica has issued a response. I note that it does not address: 1. The Matshekga directive (July 2019) that was never executed 2. The Marumo admission of ‘inconsistencies’ (22 Jan 2026) 3. The Mellowcabs comparison (R69.9m vs R0) 4. The circular referral that blocked access to BIS and MCEP 5. The TASEZ bottleneck 6. The PAIA refusal It repeats the claim that I have not submitted information. Ms Lebo Bodibe acknowledged receipt of all materials by email on 17 Feb, 24 Feb, and 6 Mar 2026. This is also a repeat of information you issued in 2020. The evidence is filed with Parliament (Ref: Portfolio Committee petition, 9 March 2026), the Public Protector (Ref: 7/2-004484/21), and NAFCOC. I welcome any public inquiry into the facts. I’ve attached my letter I sent to your acting COO, Jarvis.

lol

I've been following Fezile's journey for several years. I've never seen an entrepreneur have to rage this hard against the machine. @feziledhlamini_ you embody the entrepreneurial hustle like no other and - my god - I know you will get the funding you need to scale. A story worth reading and sharing!

@IDCSouthAfrica We’ve been through quite a lot. Here’s a few things I’d like to share. When I managed to gatecrash the @IDCSouthAfrica hosted event addressing @CyrilRamaphosa and 400 academics.

So let me get this straight: 1. On 22 January, Phiwe Marumo apologises for "inconsistencies." 2. On 8 March, David Jarvis says the problem is that I did not send information. These two statements cannot both be true. Either the @IDCSouthAfrica treated me inconsistently (Marumo's version) or I failed to provide information (Jarvis's version). The email trail supports Marumo. I hold a 6,500 square metre factory allocation at the Tshwane Automotive Special Economic Zone. TASEZ needs proof of IDC funding to finalise my lease. The IDC says come back with a facility. A state-built factory, designed for black manufacturers, sits empty while a qualifying black-owned tenant is being turned away. The first of its kind for a Black Youth-Owned Automotive Manufacturer. On 9 March 2026, I filed a formal petition with the Portfolio Committee on Trade, Industry and Competition, addressed to Chairperson Hon. Mzwandile Masina. On 10 March 2026, I filed a supplementary complaint with the Public Protector. On 10 March 2026, I submitted a 21-page evidence package to NAFCOC. I have also sought legal counsel. I am coming from every angle. The IDC will not be allowed to bury this quietly. Parliament has already launched an inquiry into claims of IDC bias against black businesses. This is not just my story. This is a pattern. Every black entrepreneur who has been told "come back with 1,000 sales" while watching someone else get R69.9 million knows exactly what I am talking about. I am not asking for sympathy. I am not asking for charity. I have 70+ vehicles deployed. Blue-chip clients. CSIR validation. AIDC endorsement. A TASEZ factory allocation. R9.5 million of my own money invested. 10 years of my life. I am asking one question: Why has the IDC given R0 to a black-owned EV manufacturer with a proven track record, while giving R69.9 million to a white-owned competitor in the same sector? If you cannot answer that question, then you understand the problem. To every black industrialist who has been through this: You are not alone. The system is not broken. It is working exactly as designed. But we can change that. To the IDC: I have given you 8 years of good faith. I have nothing left to lose. The evidence is filed. The public can judge. To the media: My inbox is open. To South Africa: Repost this if you believe development finance should serve the people it was created for. @Powerfm987 @dailymaverick @News24 @Newzroom405 @IOL @ewnreporter @eNCA @Radio2000_ZA @Radio702

PLEASE REPOST: I built South Africa's first black-owned electric vehicle company. I have deployed 70+ EVs with Blue Chip Companies, Local SMEs and exported to the UAE. I have invested R9.5 million of my own money over 10 years. The IDC has given me R0. They gave a white-owned competitor R69.9 million. Thread. 🧵 @businessXplain @ParliamentofRSA @sedfa_dsbd @DSBD_SA @the_dtic @IDCSouthAfrica @PublicProtector @NAFCOCKZN

Just in: “I am Officially Divorced” - Michael who was the Husband of Angela from 90 Days Fiancé reveals

Guess where they’re from guys? Go on guess.

The beginning of the end for Home Affairs queues is here, as we roll out our new digital partnership to 100s of bank branches across the country. No appointments, no paperwork, no delays - just 5-10 minutes to apply! 🇿🇦 More information here: dha.gov.za/index.php/id-s…

tip from a publicist, 99% of the time when paparazzi shows up they’ve been called, no matter how famous the celebrity is

She came in like a plot twist, handed out more combos than a fast-food menu, and left those two dudes questioning their life choices, with a side of humility.😏

Btw if anyone with Ray-Ban glasses is recording you, just pull up a picture of the ISIS flag on your phone and hold it up to their glasses. It’ll permanently ban their account almost immediately

Just dawned on me that I am 10 years with my current company. My previous I spent 10 years at aswell, before that it was 5. What was the longest you've worked for or do you prefer shorter stints trying different things?

@tanyajunghans It’s a pleasure!!! ♥️

Thanks @fcfortune for influencing me. Can’t wait to get these out the oven.

In May last year, China executed three convicted child molesters, they didn’t give them a corner office or the highest office.

I am tired of @NetFlorist and their spam. No matter how i try to unsubscribe from their junkmail they keep adding me back. So I am putting out a bounty of R5000 for the personal contact details of the NetFlorist shareholders and executive. Send these to me and I will pay you.