The year in review was characterised by several global and domestic headwinds, including slow economic growth, geopolitical tensions, domestic power supply constraints and weather-induced natural disasters. These factors largely tested the resilience of our economy. Of significance, the coordinated response by both the private sector and...
Johannesburg - The Industrial Development Corporation of South Africa (IDC) recorded a historical increase in funding support to key sectors of the economy, for the financial year ending 31 March 2023. Against the backdrop of a domestic economy battling several global and domestic headwinds, including slowing international...
The Collen Mashawana Foundation and the Industrial Development Corporation Join Forces to Rebuild Homes Affected by KZN Flood...
The Collen Mashawana Foundation and the Industrial Development Corporation Join Forces to Rebuild Homes Affected by KZN Flood...
The rapid global adoption and development of the Green Hydrogen (GH2) market offers a significant opportunity for South Africa to position itself as a competitor in future green energy markets...
The Collen Mashawana Foundation and the Industrial Development Corporation (IDC) will be hosting a sod turning ceremony for the rebuilding of homes damaged by the 2022 floods in KwaZulu-Natal. The partnership seeks assist flood-affected community members of Kwadweshula in KwaZulu-Natal to rebuild their homes. As part...
JOHANNESBURG, SOUTH AFRICA - The Industrial Development Corporation of South Africa (IDC) in collaboration with Ashraful Aid International Humanitarian Organisation, , has launched a project to provide food hampers to 3000 victims of the February floods in the Mpumalanga region of South Africa. The IDC...
Umzumbe, KZN: The Industrial Development Corporation (IDC) in partnership with the Imbumba Foundation will be supporting 1000 families in the Newcastle, Blaauwbosch, Ladysmith, Edumeni, Dannhauser and Umzumbe municipality areas in KwaZulu-Natal from 3 to 5 May 2023. The recent flooding in KwaZulu-Natal (KZN) has impacted...
After four cycles, President Ramaphosa’s investment mobilisation drive has so far attracted R1.1 trillion worth of investment pledges. The ambitious target that the government set in 2018 to mobilise R1.2 trillion worth of investments over five years is now within sight. Without pre-empting the outcome of...
Johannesburg, 3 March 2023. The Board of Directors of the Industrial Development Corporation (IDC) has announced that its CEO, Mr TP Nchocho, will leave the Corporation upon the expiration of his fixed term-contract, which ends on31 December 2023. The CEO informed the Board that he...