Media Room

News Articles

IDC exposes local art


art1A GALLERY at the IDC headquarters offers an opportunity for little known, previously disadvantaged artists to exhibit their work.

Emerging artists – particularly those in rural areas – are offered exposure to a wide audience at the Industrial Development Corporation’s art gallery.

The gallery is in the corporation’s head office in Sandton, Johannesburg, which means national and international visitors are able to view, and buy, the works on show. It is proof of the IDC’s commitment to developing a sustainable art industry.

The corporation has partnered in an initiative, which falls under its corporate social investment arm, with the Mpumalanga Traditional Art Market (MTAM). The focus is on supporting artists who need help to become self-sufficient entrepreneurs.

Nomvula Mashoai-Cook, the founder of MTAM, manages the gallery. She seeks to promote South Africa’s rich cultural heritage, working with various community groups and organisations. Mashoai-Cook believes that South Africans should support and appreciate the traditional art of their country rather than sourcing foreign art from outside South Africa.

At its opening a year ago, the IDC’s chief executive, Geoffrey Qhena, said: “Our objective in providing this platform for artists is to empower those at the bottom of the arts value chain and who still need nurturing to become self-sufficient entrepreneurs.”

art2Sisters Sophie and Esther Mahlangu, the world-renowned Ndebele artists, regularly have work on show in the gallery. The Mahlangu sisters have benefited from the IDC’s project, travelling around the world showcasing their work.

Among the Ndebele artworks exhibited at the launch were basket weaving, exquisite beadwork, muralists, traditional textiles and jewellery. The gallery also displays several wood carvings and cultural pottery made by other artists in Mpumalanga and Gauteng.

Guests at the exhibition were encouraged to purchase art as a way of supporting and empowering the entrepreneurs.

MTAM board member Walter Chakela said that by opening the gallery, the IDC had proved its commitment to culture and community development. Young artists in Mpumalanga also had a chance to get involved in this project, as the artists of MTAM mentored and encouraged them to showcase their work, he added.

art3“The IDC’s main purpose is to access the art market so that the artists are empowered,” said the IDC’s head of corporate communications, Kesebone Maema. “The IDC appoints experienced curators that are based in rural areas, and through the curators they source the artists.”

It also seeks partnerships to train and develop young artists.

While the arts is a contributor to the economy of South Africa, the industry is hindered by resource constraints. It has a turnover of nearly R2-billion, and helps the country, both in terms of the economy and job creation. In launching and sustaining the art gallery, the IDC aims to boost these efforts.

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 >

Report Fraud     Email     Call 0800 30 33 36     SMS 39640

PAIA Manual | Terms and Conditions | Employee Webmail | Contact us | Sitemap
© The IDC 2016, ALL RIGHTS NOT EXPRESSLY ALLOWED ARE RESERVED. P.O. Box 784055, Sandton, 2146, South Africa