Press Releases

Press Releases

The IDC has identified rural nodes and non-accommodation sub-sectors as strategic areas to facilitate job creation and grow the tourism sector, contributing to government’s goals of creating jobs by funding more viable businesses and projects.

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The Industrial Development Corporation (IDC) has launched a R10 billion scheme, to run over 5 years, aimed at facilitating job creation and growing the economy. The announcement was made by Chief Executive Officer Geoffrey Qhena on Tuesday at IDC’s head office in Sandton.

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The state-owned Industrial Development Corporation (IDC) of South Africa Limited has provided R8 million to fund a clinic in Cosmo City, a national symbol of mixed development in Johannesburg. The IDC has funded the Cosmo City Clinic through its Township and Rural Hospital Scheme, a...

The Industrial Development Corporation (IDC) today opened a satellite office in Brits, saying that it is fast becoming a growing business hub.

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Industrial Development Corporation (IDC) has recently launched a new ring-fenced short-term finance product, FasTrak. FasTrak is a once-off, non-revolving credit/loan facility, applicable only to clients who have won contracts, tenders and/or orders and have an urgent need for bridging assistance for a limited time frame.

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The Industrial Developmental Corporation (IDC) of South African Limited and the Unemployment Insurance Fund (UIF) today announced that they will launch a R2bn investment aimed at creating and sustaining jobs. The investment will be through a bond issue which will be subscribed by the UIF...

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