Corporate Social Investment


Promoting learning of maths and science in schoolsPromoting learning of maths and
science in schools

Education is vital for the social and economic wellbeing of any country. Most of our CSI budget supports initiatives in this sector. Guided by the Basic Education and National Skills accords signed at National Economic Development and Labour Council (Nedlac) in 2011, our aim is to make CSI education a more holistic and interlinked programme, while developing and sharing lessons of best practice.

Our focus is specifically on basic education, skills development and bursary support:

Basic education

We focus on two initiatives/projects:

  • The Whole School Development programme, a targeted intervention in 18 schools around the country, aims to improve functionality of schools and education outcomes.

    The programme focuses on key areas: learner and teacher intervention; good governance and social issues.
  • Maths, Science and Technology programme, an intervention that supports initiatives dedicated to the improvement of the learning and teaching of maths, science and technology subjects at secondary school level.

    Our support is two-fold: teacher development to improve the teaching of the subjects, and learner development by providing additional lessons to improve the pass rate, particularly at matric level.

    We do this by partnering with reputable partners in offering support to schools.

    Much ground has been covered in recent years to train technology teachers, mainly from rural areas. Training has been done in most of the provinces.

    Over 3 000 educators have already been trained across the country. Projects for learners include the provision of additional maths and science lessons for learners from schools in Bushbuckridge in Mpumalanga, one of the lowest performing region in maths and science in matric.

Skills development

We support skills development programmes at universities and Technical and Vocational Education and Training (TVET) Colleges, addressing critical skills shortages in Science, Technology, Engineering and Maths (STEM).

TVET colleges

The Skills Accord sets specific goals to which parties at Nedlac committed themselves.

These include:

  • Expanding the level of training and increasing the number of artisans;
  • Making internships and placement opportunities within the workplace available for students who complete their certificates at TVET colleges, and opportunities for training in a work environment for TVET lecturers;
  • Improving the funding of training; and
  • Improving the role and performance of TVET colleges.

TVET colleges have been identified as critical to the development of skills for job creation. The IDC has identified the need to support: improve governance and developing management capacity.


Our skills development initiatives at universities support government's plan to increase the number of STEM graduates. We have identified seven universities to support, in the following ways:

  • Targeting Talent programme at Wits University
  • An outreach project for 30 teachers to improve their content knowledge in maths, science and English runs in partnership with North-West University: and
  • Provision of computers, connectivity and software for the Vuwani Centre, a project run by University of Venda. The centre also provides additional maths and science classes for learners from surrounding villages

Bursary support

The IDC provides full bursaries to selected learners. We also track progress from first year through to graduation. We provide academic and psycho-social support to students, as well as mentorship.

Our bursaries are biased towards STEM.

Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

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