Mahikeng - The Industrial Development Corporation (IDC) is pleased to announce its support of funding the acquisition of Protea Hotel Mahikeng by Indalo Hotel Mahikeng (Pty) Ltd, a newly established, 100% black-owned entity for a co-funded investment of R80 million together with: The Department of Tourism’s...
The Industrial Development Corporation (IDC) was established in 1940 through an Act of Parliament, the Industrial Development Corporation Act, No. 22 of 194) and is 100% owned by the South African Government under the supervision of its shareholder representative, the Department of Trade Industry and...
The Industrial Development Corporation (IDC) was established in 1940 through an Act of Parliament, the Industrial Development Corporation Act, No. 22 of 194) and is 100% owned by the South African Government under the supervision of its shareholder representative, the Department of Trade Industry and...
Industrial Development Corporation of South Africa LimitedIncorporated in the Republic of South Africa) Registration No. 1940/014201/06)Bond Issuer code: IN02 (“IDC”) CHANGES TO THE BOARD Noteholders are referred to the announcement released on SENS on the 27 June 2025 regarding the appointment of directors subject to verification of...
The Industrial Development Corporation (IDC) has welcomed the appointment ofMs Gloria Serobe as its new Board Chairperson. Ms Serobe was appointed to the Board along with six other new members. Ms Serobe brings a wealth of experience in governance and business leadership. She is the co-founder...
IDC and KFW sign Euros 17m MOU to to support development of local Green Hydrogen economy Capetown - The rapid global 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....
As tourism stakeholders gather in KwaZulu-Natal (KZN) to discuss the state of the sector, growth prospects will undoubtedly come into sharp focus. For a long time, tourism’s significance to the national economy has been understated, with the usual suspects—mining and agriculture—hogging the limelight....
Johannesburg. 28 February 2025. The Industrial Development Corporation of South Africa (IDC) acknowledges the significant challenges currently faced by ArcelorMittal South Africa (AMSA). The IDC is fully aware of the devastating effects that the potential job losses could have on the workers and their families,...
This Black Industrialists Conference takes place on the eve of the 20th anniversary of the implementation of the Broad-based Black Economic Empowerment Act (B-BBEE Act)....
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...