Yi Li Da SA Manufacturing was established in 2015 and is the sole manufacturer of the popular polyester (mink) blanket products in South Africa. Yi Li Da SA was set up by their Chinese parent company to take advantage of the opportunity to replace imports....
Musina Intermodal Terminal is implementing an intermodal transport logistics terminal in Musina, Limpopo. The terminal, which has created 72 new direct jobs, is strategically located within the Musina industrial area that contains existing road-rail link infrastructure and is suited for an inland logistics hub. The...
Thakadu Metals Beneficiation was founded in 2015 by Ruli Diseko, a young Black Industrialist, and created 165 direct jobs. Diseko’s experience in the mining and metals industry stems from his employment at Lonmin, the Department of Mineral Resources and as a commodities trader. Having identified...
IDC’s Corporate Social Investment (CSI) continued its involvement in educational and skills development projects, by supporting the refurbishment of Sisulu Primary School in Tsomo, Eastern Cape. The school officially opened its computer lab during a visit by MEC of Education, Mr. Mlungisi Mvoko. "As the...
The Development Impact Support department took part in the Youth Dialogue on “Igniting Growth and Access to Markets in Business Incubation” in Bryanston last week. The dialogue is part of President Cyril Ramaphosa’s call for all citizens to share in the responsibility to build a...
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In yet another partnerships endeavour in the North West province, the IDC took part in the provincial investment conference last Thursday, which was held in the Moses Kotane municipality. Themed: “Rebuilding the province through the promotion of trade and infrastructure investment”, the investment brought together developmental...
The IDC joined Brand South Africa in a workshop where stakeholders unpacked South Africa’s digital readiness for the Fourth Industrial Revolution (4IR). The workshop was used as a platform for business & government to discuss Africa’s readiness to adapt to the requirements of the 4IR....
We are in a wonderful continent, and should make sure it works, these were the words of IDC board chairperson Ms. Busi Mabuza, speaking during the CEO panel at the Forbes Africa Leading Women Summit held in Durban on Friday. The CEO panel focused on...
The Industrial Development Corporation (IDC) has approved a R500 million funding scheme to support start-up companies, expansions, and empowerment acquisitions in the downstream plastic sector over a period of five years, starting in 2019. The scheme will provide debt and equity-type finance at reduced return...