Hundreds of families left destitute and displaced by the recent natural disasters in Kwa-Zulu Natal will benefit from nearly R2 million in support from the Industrial Development Corporation (IDC)....
The Minister of Trade, Industry and Competition, Ebrahim Patel today officially announced the 26 Strategic Implementing Partners (SIPs) who will be key in rolling out work for the common good through the Social Employment Fund (SEF)...
Mara Phones South Africa (Pty) Ltd, which is part of the global Mara Corporation and domiciled in Dubai, United Arab Emirates (UAE), launched its operations in South Africa in 2019 after which it established a state-of-the-art manufacturing plant in the Dube Trade Port, Kwa-Zulu Natal. Mara...
The Department of Tourism launched the Green Tourism Incentive Programme (GTIP) in 2017 to assist small and micro privately-owned tourism enterprises to adopt responsible tourism practices through implementing solutions for the sustainable management and usage of electricity and water resources....
In line with its mandate to grow the productive sectors of the economy, the Industrial Development Corporation (IDC) facilitated R7.4 billion worth of investments into the local economy for the financial year ending 31st March 2021....
The Industrial Development Corporation (IDC) has launched a R1.5 billion funding package in response to the civil unrest, looting and destruction of property that occurred in parts of the country. The unrest, mainly in KwaZulu-Natal and parts of Gauteng, resulted in the tragic loss of...
The IDC has noted with concern recent social media posts and online conversations falsely claiming its lack of support to Black entrepreneurs. The IDC’s support and funding to realise inclusivity and assisting businesses in distress is well documented in annual and other public reports. Despite this,...
The Industrial Development Corporation (IDC), NMT Capital Proprietary Limited (NMT Capital) and Amabubesi BSR Holdings Proprietary Limited (Amabubesi) announced today that they have entered into a settlement agreement concerning a commercial dispute. The dispute, which qualified as a commercial case, was due to be heard...
In a key development aimed at addressing funding constraints facing black farmers and breaking entry barriers to commercial farming, the Industrial Development Corporation (IDC), in partnership with the Department of Agriculture, Land Reform and Rural Development (DALRRD) has launched a joint Agri-Industrial Fund. The R1bn fund...
News Provided by: Chemical Process Technologies Pharma [Pty] Ltd WALTLOO, PRETORIA, Nov 2, 2020 -- Chemical Process Technologies Pharma (CPT Pharma), a relative newcomer to the field of generic active pharmaceutical ingredients (API) production, has been granted a licence by the South African Health Products Regulatory...