Press Releases

Press Releases

There is a direct correlation between the tepid economic growth that has characterised the local economy to the wanning fortunes of our manufacturing sector. Question is, how can we stimulate growth, so manufacturing becomes a key enabler of job creation? Against the backdrop of challenges, government’s...

"IDC’s performance in the year under review strategically positions the Corporation to support the country’s industrialisation, socioeconomic, and structural transformation objectives.” Against the backdrop of several economic headwinds, the Industrial Development Corporation (IDC) disbursed R15.9 billion of its own on-balance sheet funds to businesses, facilitating the...

South Africa’s Industrial Development Corporation (IDC) is committed to fulfilling its mandate of measurably contributing to sustainable industrial development and to an inclusive economy through its funding activities. In achieving this, the Corporation strives to play a meaningful role in society and operate responsibly and ethically. This...