IDC drives development in Mpumalanga

IDC drives development in Mpumalanga

IDC drives development in Mpumalanga

Funding provided by the Industrial Development Corporation (IDC) has helped start-up recycling company Mihula Holdings increase its staffing levels to eight people. The IDC in March provided funding to enable Mihula to buy a baler and trucks for collecting raw material. Mihula, situated in Highveld Industrial Park since July 2018, shreds and bales paper, cardboard, plastic bottles and glass.

Mihula CEO Amelia Mkhonza said the business started in a backyard and, with initial help from the National Youth Development Agency, it was able to buy a shredder and secure more recyclable material from companies in eMalahleni, where the industrial park is based. The IDC’s investment has allowed the business to grow even further. IDC Mpumalanga regional manager Mashweu Matsiela said the corporation’s investment focus in the province was in manufacturing, tourism, agriculture and mining.



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