The Industrial Development Corporation has a long track record of developing small, semi-rural areas into major towns. Now the Northern Cape is to benefit from a R3, 5-billion investment in the Kalagadi Manganese Project. The remote community of Hotazel, located in the arid Kalahari basin of...
The continent's vast natural resources provide for myriad of opportunities. The challenge lies in financing their development, enhancing productivity and improving socio-economic conditions. by Geoffrey Qhena, CEO of the Industrial Development Corporation Africa's investment and trading patterns are changing visibly. The continent's vast natural resources provide for...
The number of foreign visitors to South Africa is expected to increase in the coming years, and the Industrial Development Corporation is focusing on job creation in the tourism industry. The number of foreign tourist arrivals in South Africa is expected to increase in the coming...
From small beginnings, agro-processing company Dynamic Commodities has grown in leaps and bounds - winning several international awards along the way - with the help of the Industrial Development Corporation. From small beginnings, Dynamic Commodities has grown in leaps and bounds - winning several international awards...
With the financial support of the IDC, the new Safal Steel plant in Cato Ridge, Durban, is already nudging its short-term target of 150 000 tons a year after just a few months of operation. After just a few months of operation, the Safal Steel plant...
The Tasol brand of solar water heaters has changed the lives of thousands of South Africans for the better, thanks in part to bridging finance supplied by the Industrial Development Corporation. The Tasol brand of solar water heaters has changed the lives of thousands of South...
The Industrial Development Corporate (IDC) and the German Development Bank (Kfw) have launched a R500 million Green Energy Efficiency Fund (GEEF). The Industrial Development Corporate (IDC) and the German Development Bank (Kfw) have launched a R500 million Green Energy Efficiency Fund (GEEF). During the launch of...
The Industrial Developmental Corporation (IDC) today announced that it had approved funding amounting to R8.4 billion in South African investments for the financial year ended March 2011. ANNUAL RESULTS 2011 Download press statement Download Powerpoint presentation Video: Chief Executive Officer Geoffrey Qhena discusses the IDC's 2011...
Two hundred poor and jobless women can look forward to a brighter future for themselves, their families and communities, thanks to the Izindlovukazi Trust’s BBBEE investment in manufacturer Scamont Engineering, a deal funded by the IDC. When Liesl Roesch decided to quit the corporate world to...
In 2007 eight members of the Radebe family used their combined Settlement and Land Acquisition Grants and additional financial assistance from the IDC to buy a piece of land from global pulp and paper group, Sappi. This is now Sobengwe Forestry, a small family business...
