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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...

Johannesburg - The Industrial Development Corporation (IDC) today announced a strategic co-operation in the field of mineral resources with Korea Resources Corporation (KORES), a government financed institution of the Republic of Korea. The two entities signed a Memorandum of Understanding (MOU), where the main objective...

State-owned Industrial Development Corporation (“IDC”) today released a report through its Department of Research and Information titled “Africa and the Global Economic Crisis: Opportunities and Challenges” highlighting.

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The Industrial Development Corporation (IDC) continues to extend its national reach, with the state-owned development finance institution officially opening its North West regional office.

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The Industrial Development Corporation of South Africa Limited (IDC) has received a €30M (approximately R400M) credit line from Proparco, a subsidiary of the French Development Agency (AFD), based in Paris.

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