News Updates

News Updates

The Industrial Development Corporation's Research and Information department has consistently made accurate predictions – a feat for which it has been recognised by Sake 24.The macro-economic team of the IDC's Research and Information department, represented by Gerhard Kuhn as its principal economic forecasting specialist, won...

The National Department of Tourism and the Industrial Development Corporation are in the process of coming up with a national Social Tourism Model to identify some of the current tourism infrastructure that exist within the multiple district municipalities in South Africa.The National Department of Tourism...

The IDC has set aside R1-billion from its Gro-E Scheme for business development to launch the Gro-E Youth Fund, which will exclusively support enterprises owned by young people under the age of 35. Sibongile Zondo may not be sure which business sector she wants to venture...

Congratulations to the Industrial Development Corporation’s Research and Information department, who have won the award for the Economist of the Year.Congratulations to the Industrial Development Corporation’s Research and Information department, who have won the award for the Economist of the Year.The announcement was made at...

At the end of the two-day Brics summit, there was agreement on a number of issues – setting up a development bank chief among them. A business forum and think tank council were also launched.At the close of their fifth summit, Brics leaders have stressed...

A development bank run through Brics, for its small and medium enterprise sector, has been supported by various economists and national financial institutions.Economists from Brics countries have thrown their weight behind the establishment of a Brics development bank, saying it will help to improve the...

A memorandum of understanding between the IDC and its Russian counterpart, signed on the sidelines of the Brics summit, will lead to greater co-operation between the two nations.The signing of a memorandum of understanding between the Industrial Development Corporation and the Russian Bank for Development...

Tangible benefits are expected from South Africa's Brics membership. The IDC has made the most of the summit to sign agreements with its counterparts to enable economic growth.Business ties between South Africa and Brazil will be strengthened following a co-operation agreement between the Industrial Development...

With an investment from the Industrial Development Corporation, South Africa Calcium Carbide has built a cogeneration plant that will cut its electricity bill and help the environment.Going green is encouraged around the world and plenty of companies in South Africa are answering the call. South...

This report reviews the evolution of the cost of generating electricity from renewable energy sources, focusing on three particular technologies - namely wind, solar photovoltaic (PV) and concentrated solar thermal (commonly referred to as CSP).The cost evolution of renewable energiesThis report reviews the evolution of...

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