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Media releases: 2011

IDC takes new path to grow the tourism industry

The IDC has identified rural nodes and non-accommodation sub-sectors as strategic areas to facilitate job creation and grow the tourism sector, contributing to government’s goals of creating jobs by funding more viable businesses and projects.

Government injects R2 billion in job creation

Labour Minister Mildred Oliphant today announced that the Unemployment Insurance Fund (UIF) will invest another R2 billion with the Industrial Development Corporation (IDC) for job creation.

New scheme to tackle unemployment, boost economy

The Industrial Development Corporation (IDC) has launched a R10 billion scheme, to run over 5 years, aimed at facilitating job creation and growing the economy. The announcement was made by Chief Executive Officer Geoffrey Qhena on Tuesday at IDC’s head office in Sandton.

IDC and NEF fund Rare Metals Industries

Rare Metals Industries

IDC funds Clinic in Cosmo City

The state-owned Industrial Development Corporation (IDC) of South Africa Limited has provided R8 million to fund a clinic in Cosmo City, a national symbol of mixed development in Johannesburg. The IDC has funded the Cosmo City Clinic through its Township and Rural Hospital Scheme, a funding vehicle

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