News Updates

News Updates

The greening of the South African economy has the potential to create more than 460 000 new direct jobs by 2025, according to the Green Jobs report released earlier today by the IDC, DBSA and TIPS. 25 November 2011The greening of the South African economy has...

What a difference a year can make. September is the traditional tourism month yet the mood in the sector that two years ago not only accounted for a substantial 8,7% of Gross Domestic Product (GDP) but out-performed the global tourism index by more than 8%...

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."It pays sometimes to be a late entrant into a congested yet competitive market," believes Wilhem Theunissen. Theunissen who is the CEO of...

With funding from the Industrial Development Corporation, South African Calcium Carbide, one of SA's leading energy-intensive companies, develop an 8MW co-generation facility with GreenEng. SACC is Africa's only producer of calcium carbide, a product used in the desulphurisation of steel.The recent increase in electricity tariffs...

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...

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