05 Sep 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.
...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.
...Economic/sectoral/industrial research undertaken by IDC's Department of Research and Information: Economic Research: Economic Overviews >> Quarterly Economic Forecasts >> Economic Trends >> Reviews of the National Budget >> Overview of SA Economy since 1994 >> Analysis of the potential impact of the United Kingdom’s exit from...
The IDC has a strong brand that has been more than 70 years in the making. It represents a stable win-win relationships and our extensive and firm support for corporations, companies and small entrepreneurs who are building the economy of South Africa and...
The Industrial Development Corporation has a long track record of developing small, semi-rural areas into major towns. Now the Northern Cape is to benefit from a R3, 5-billion investment in the Kalagadi Manganese Project. The remote community of Hotazel, located in the arid Kalahari basin of...
The continent's vast natural resources provide for myriad of opportunities. The challenge lies in financing their development, enhancing productivity and improving socio-economic conditions. by Geoffrey Qhena, CEO of the Industrial Development Corporation Africa's investment and trading patterns are changing visibly. The continent's vast natural resources provide for...
The number of foreign visitors to South Africa is expected to increase in the coming years, and the Industrial Development Corporation is focusing on job creation in the tourism industry. The number of foreign tourist arrivals in South Africa is expected to increase in the coming...
From small beginnings, agro-processing company Dynamic Commodities has grown in leaps and bounds - winning several international awards along the way - with the help of the Industrial Development Corporation. From small beginnings, Dynamic Commodities has grown in leaps and bounds - winning several international awards...
With the financial support of the IDC, the new Safal Steel plant in Cato Ridge, Durban, is already nudging its short-term target of 150 000 tons a year after just a few months of operation. After just a few months of operation, the Safal Steel plant...
The Tasol brand of solar water heaters has changed the lives of thousands of South Africans for the better, thanks in part to bridging finance supplied by the Industrial Development Corporation. The Tasol brand of solar water heaters has changed the lives of thousands of South...
The Industrial Development Corporate (IDC) and the German Development Bank (Kfw) have launched a R500 million Green Energy Efficiency Fund (GEEF). The Industrial Development Corporate (IDC) and the German Development Bank (Kfw) have launched a R500 million Green Energy Efficiency Fund (GEEF). During the launch of...
Skills and Expertise: Labour Market Policy & Employment Equity, Public-Private Partnerships & Strategic Advisory, Governance & Board Leadership, Socio-Economic Development & Transformation, Legal Expertise in Labour and Human Rights Law, Stakeholder Engagement & Social Compact Formation, Policy Development & Implementation and International Labour Organisation Collaboration.
Ms Tanya Cohen is a highly experienced public-private impact advisor and independent non-executive director with a strong commitment to solving complex socio-economic challenges that drive sustainable development. She operates at the intersection of business and government, enabling transformative outcomes that promote economic growth, employment, and inclusive policy reform. Her leadership is marked by clarity, enthusiasm, and the ability to mobilise execution across diverse stakeholder groups, including government, business, and labour. Ms Cohen has represented business interests at local, continental, and global levels, including at the International Labour Organisation. Her board experience spans tripartite government boards, commissions, and non-profit organisations, where she contributes to social, transformation, human resource, and governance subcommittees. As a Commissioner of the National Planning Commission, she continues to champion developmental impact and positive social change in South Africa. As an independent non-executive director, she brings deep expertise in stakeholder engagement, legal compliance, and strategic advisory, with a strong focus on transformation and sustainable development.
Skills and Expertise: Industrial Procurement & Development, Policy Formulation & Economic Development, Energy Economics & Infrastructure, Governance & Leadership.
Dr. Tebogo Makube is a seasoned policy and industrial development expert currently serving as a Board Member of the Industrial Development Corporation (IDC) and Chief Director for Industrial Procurement and Development at the Department of Trade, Industry and Competition (the dtic). He has extensive experience in fiscal policy, infrastructure planning, and energy economics, having held senior roles at the Financial and Fiscal Commission, National Treasury, and the National Energy Regulator of South Africa (NERSA). Dr. Makube also serves on the boards of Proudly South African and Trade & Industrial Policy Strategies (TIPS), where he is Chairperson. He holds a PhD in Energy Studies and postgraduate qualifications in Law, Economic Policy, and Energy Economics, and is an admitted Advocate of the High Court of South Africa. His expertise spans industrial procurement, regulatory frameworks, and economic policy development.
Skills and Expertise: Medical Biosciences, Scientific Research & Field Applications, Business Leadership & Strategy, Investment Management, Entrepreneurship & Innovation, Green Technology & Sustainability, Mentorship & Youth Development and Transformational Leadership.
Dr Keitumetse Tebogo Mothibeli is a dynamic scientist, entrepreneur, and investment strategist with a strong academic foundation in medical bioscience and a PhD focused on maternal health and cellular development. Her career spans roles in scientific research, field applications, and corporate leadership, including positions at Whitehead Scientific and Adcock Ingram. She has trained internationally in advanced imaging and karyotyping technologies and served as R&D Director for innovative companies like Zucchi Innovations and Mofaya. As the founder of Maidi Holdings, she broke ground as the first black female to acquire diving and hull cleaning licenses in key South African ports. Currently, she is the CEO of Crystal Partners, a 100% black female-owned investment firm driving strategic partnerships across Africa in sectors such as agriculture, energy, health, and mining. Dr. Mothibeli is known for her principled leadership, commitment to mentorship, and passion for sustainable development and social impact.
Independent Non-Executive Director
Qualification: Master of Business Administration (MBA), Postgraduate Diploma in Business Management, Higher Certificate in Shipping and Transport Management and additional postgraduate training in Management Development and Executive Development Programmes
Nationality: South African
Skills and Expertise: Public Sector Leadership, Governance & Policy Development, Security & Intelligence Operations, International Diplomacy & Development, Public-Private Partnerships & Infrastructure, Strategic Operations & Institutional Reform and Transport & Logistics Management.
Ms Ayanda Dlodlo is a seasoned South African public servant and executive with extensive experience in governance, security, and international development. She has held several ministerial positions in the South African government, including Minister of Public Service and Administration, Minister of State Security, Minister of Communications, and Minister of Home Affairs. Her leadership extended to the African National Congress (ANC), where she served on the National Executive Committee. In 2022, she transitioned to the global stage as an Executive Director at the World Bank Group, representing Angola, Nigeria, and South Africa. Academically, she holds an MBA, a Postgraduate Diploma in Business Management, and a Higher Certificate in Shipping and Transport Management. Her career reflects deep expertise in public sector reform, policy development, intelligence operations, and international diplomacy.
Skills and Expertise: Strategic Leadership & Business Development, Mining Operations & Commodities Trading, Investment Strategy & Private Equity, Corporate Governance & Board Leadership, International Business & Cross-Border Negotiation, Ethics & Organisational Integrity, Entrepreneurship & Innovation, Logistics & Industrial Services.
Mr Reon Barnard is a South African business executive and independent non-executive director with a strong background in finance, mining, and strategic leadership. He holds a B. Com in Finance from Stellenbosch University and an Executive MBA from the Tsinghua-INSEAD program, complemented by advanced certifications in ethics, negotiation, and board governance from institutions such as INSEAD, GIBS, and the Institute of Directors South Africa. With over two decades of experience, Mr Barnard has led and advised companies across mining, commodities trading, logistics, and industrial services. His expertise spans corporate governance, private equity, international business strategy, and ethical leadership, making him a valuable contributor to boardrooms and executive teams across sectors.
Skills and Expertise: Broad-Based Economic Empowerment, Corporate Governance & Board Leadership, Strategic Investment & Financial Services, Social Entrepreneurship & Inclusive Economic Models, Public Sector Advisory & Policy Development, Transformation & Women Empowerment, Risk Management & Ethics Oversight and Leadership in Crisis Response (e.g., Solidarity Fund).
Ms Gloria Tomatoe Serobe is a pioneering South African business leader and independent non-executive director, widely recognized for her contributions to economic empowerment and corporate governance. She holds a BCom from the University of Transkei and an MBA from Rutgers University in the United States, along with honorary doctorate from leading South African university. Ms Serobe is the founding CEO of WIPHOLD (Women Investment Portfolio Holdings), a trailblazing investment firm focused on empowering women through ownership and participation in the economy. She has served on the boards of major corporations including Sasol, Old Mutual, and the Solidarity Fund, where she played a key role in crisis response during the COVID-19 pandemic. Her expertise spans strategic investment, transformation, ethics, and inclusive development, making her a respected voice in both the private and public sectors.