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23 Feb

Posted at 10:53h in 2011

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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26 Jan

Posted at 11:29h in 2011

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...

27 Oct

Posted at 11:00h in 2010

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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11 Oct

Posted at 00:00h in 2010

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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14 Apr

Posted at 11:16h in 2010

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...

19 Mar

Posted at 11:19h in 2010

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...