Material subsidiaries

Business location   Corporate Head office:  
Manufacturing facilities: Distribution facilities:  
Heriotdale, Germiston (Gauteng)  
Located in and around Germiston (Gauteng): Jupiter (Wire Rod Products) and Union Junction: (Rolled Product; Grinding Media; Cast Products; Scrap Processing Division)  
Wire Rod Products distribution facilities located across South Africa  
Products/Services and markets served   Main products/services:  
Markets served:   
Scaw Metals (SCAW) is a leading South African-based integrated steel products manufacturer serving the mining, construction and other industrial sectors  
The group comprises four key business units – namely Grinding Media, Wire Rod Products, Cast Products and Rolled Products  
SCAW is the only significant producer of high chrome grinding media in South Africa and the only producer of deep level mining ropes in the country  
Scaw Metals is a local company with a global reach through its various operations around the world. The main operation is located in South Africa with other operations in Australia, Italy, Zimbabwe, Ghana, Zambia, Namibia  
IDC funding   Total exposure:  
Ownership: (% shareholding):  
Purposes for which funding has been applied:  
R5.1bn including capitalised interest of R263m (fair value of shares is R32m)  
To protect the country’s industrial base and to deepen localisation.  
Financial indicators*   Total assets:  
Gross profit margin:  
Return on assets:  
(loss after tax/total assets)  
Development impact   Direct job creation in each region where the business operates:  
Impact on industrial capacity in the country:  
B-BBEE rating:  
Consolidated permanent and temporary employment at 31 March 2013 is 7 044, distributed as follows:   
Gauteng 6 590; KwaZulu-Natal 136; Eastern Cape 23; Western Cape 24; Rest of Africa 161; North America 3; Australia 107  
Grinding Media: Production facility for high-chrome grinding media and ball forge; Wire Rod Products: Includes steel wire rope, chain and wire and strand production facilities; Rolled Products: steel production capacity  
Level 4 Contributor   
Human resources indicators   % black* executive management:  
Training spend as a % of turnover:  
Training spend on black* employees as a % of turnover:  
Number of fatalities:  
Estimated HIV infection rate:  
Staff belonging to trade Unions:  
Procurement spend on black* owned business as a % of total procurement spend:  
Note: * As defined in the Broad-based Black Economic Empowerment Codes  
NUMSA – 67%; MEWUSA – 9.6%: Solidarity – 4.5%; UASA – 1.6%; SAEWA – 0.72%;  
mental indicators  
Total electricity consumption:  
CO2 equivalent gas emissions:  
>Electricity from renewable resources
as a % of total
electricity consumption  
Amount of water recycled:  
Recycling of waste materials:  
Number of fines for contravening
957 578 mWh  
867 880 CO2
metric tons  

None. All electricity is from Eskom  
Process water and contaminated storm water is recycled.  
11 247 850 tons  
One for rectification application in terms of S24G of the National Environmental Management Act.  
Note: *Financial indicators are for the period 23 November 2012 to 31 March 2013  



The investment will assist Medac venture holistically in the manufacturing of orthopaedic bracing products for local and export markets, thus contributing to an increase in South Africa’s manufacturing capabilities.

Coega Dairy Holdings

The IDC has identified increased competition in the dairy value chain and import substitution in the cheese industry as key sector development goals. We also singled out the need for increased farmer (and specifically B-BBEE) participation in dairy value-adding initiatives.

Windtown Lagoon Resort 

The newly built Windtown Lagoon Resort and Spa reflects the IDC’s focus to funding community-based projects that have potential to create employment opportunities in far-flung regions.

R13.1 billion
R16.0 billion
18 922
3 950
© The IDC 2013. All rights not expressly allowed are reserved. P.O. Box 784055, Sandton, 2146, South Africa