Media Room

Building on the trends set by recent developments in the political landscape and reinforced by President Cyril Ramaphosa State of the Nation Address, the National Budget 2018 is likely to bolster business and investor sentiment further. This should translate into positive economic outcomes, including increased investment, business and consumer spending, higher production activity and job creation. Click here to access the 2018 national budget as reviewed by the IDC’s Research and Information unit.

The IDC signed a Non-Disclosure Agreement (NDA) with the Development Bank of the Central African States (BDEAC) on the 14th of February 2018, which will enable the BDEAC to share some of its projects with the IDC for possible co-funding.

The Competition Tribunal has conditionally approved the acquisition by Barnes Southern Palace of steel producer Scaw from the Industrial Development Corporation (IDC).

As part of the sale agreement, the IDC will return an undisclosed minority stake in Scaw. Southern Palace owns former Murray & Roberts infrastructure division in South Africa as well as other fabrication assets. The Barnes component of the group makes wire and related products.

 

The global energy generation landscape is evolving rapidly from a centralised generation to a distributed energy generation model. While this change has created challenges, it has also created opportunities, says IDC’s Divisional Executive for Agro, Infrastructure and New Industries, Lizeka Matshekga.

The Industrial Development Corporation (IDC) continues to be counter-cyclical in the current economic environment. In 2017, the IDC demonstrated...

Our sectors

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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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