KZN Growth Fund Trust concludes transitions into KZN Growth Fund Agency

The document announces that the KwaZulu-Natal Growth Fund Trust has officially transitioned into the KwaZulu-Natal Growth Fund Agency (KZNGFA), a provincial public entity established under the KZNGFA Act 4 of 2024. The transition follows a Business Transfer Agreement signed on 01 September 2025, with transfer of all operations to take effect from 1 October 2025. The move aims to strengthen governance, staff transfer, sustainable funding, and continuity of operations to deliver on the agency’s mandate and support inclusive growth in KwaZulu-Natal.