News Updates

News Updates

Deputy President Kgalema Motlanthe, speaking at the M&G 20 Years of Economic Transformation Summit, has commended SA's economic gains since democracy. Deputy President Kgalema Motlanthe South Africa has recorded steady gains in its bid to address structural imbalances of the past, says Deputy President Kgalema Motlanthe.Notable among...

Almost 300 people are on the IDC's bursary programme, which will pay out R14-million this year alone. Bursaries are awarded Ecstatic 18 year old Mudanalo Mulaudzi believes she is heading for a bright and successful future. Her life took a turn for the better last month, when...

The IDC has sent a top team along with the South African delegation to the World Economic Forum meeting. Minister of Trade and Industry Rob Davies (Photo: destinyman.com) As the economic fortunes of Africa continue to brighten, South Africa is investing heavily in building and upgrading infrastructure as...

An enhanced interface between mining and manufacturing will not only benefit the two sectors but the economy at large, says an IDC report.An enhanced interface between mining and manufacturing would not only benefit the two sectors but the economy at large, as emphasised in a...

Spotting the need for better mental healthcare in Mahikeng, psychologist Flora Makama approached the IDC to fund a new wellness centre.Recognising the need for better mental healthcare in Mahikeng, psychologist Flora Makama and her colleagues, approached the IDC to fund a new wellness centre. This...

The most least developed countries need to create enough “quality jobs” – particularly for the youth – to absorb growing populations.For most least developed countries, their most valuable asset is their people, in particular the young. But they need to create enough “quality jobs” to...

With the Youth Employment Accord in mind, the government is backing initiatives aimed at growing and capacitating young entrepreneurs.In terms of the Youth Employment Accord signed in April 2013, government committed to supporting initiatives aimed at growing and capacitating young entrepreneurs. Subsequent to the accord,...

With the drive to creating alternative energy sources, the government has selected 17 preferred bids for almost 1 500 megawatts of renewable energy projects.South Africa’s bid to transition from a low carbon economy and improve its national energy mix is fast gaining momentum. In line...

 Businesses in the agro-processing sector received R738m from the Industrial Development Corporation in the past financial year, with some 4 000 jobs either created or saved.Businesses in the agro-processing sector received R738m in the past financial year, meaning almost 4 000 jobs were either created or...

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