Media Room

Media Room

On the 25 January 2017, the Industrial Development Corporation (IDC), working with other partners, Clean Energy Africa, WasteMart and Afrox launched the multi-million rand New Horizons waste-to-energy plant in Athlone, Cape Town.

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IDC CEO Mvuleni Geoffrey Qhena and Chairperson of the IDC Board, Ms Busi Mabuza, were part of a 56-person high level government, business and labour delegation that attended the 2017 World Economic Forum (WEF) in Davos, Switzerland recently.

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Futuregrowth, a leading asset manager, has lifted the suspension of its lending activities to the Industrial Development Corporation (IDC) with immediate effect. The announcement follows Futuregrowth’s extensive review of the IDC’s the governance and investor protection mechanisms.

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Keen to ramp-up funding to youth-owned enterprises in the financial year ahead, the IDC has launched a youth portal for youth entrepreneurs to engage on challenges, opportunities and other critical issues affecting them....

Young people have a bigger role to play towards accelerating government's efforts to transform and grow the local economy, Economic Development Minister Ebrahim Patel told the inaugural IDC national youth conference....

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