04 Jul Fraud Alert
The IDC is committed to good governance, ethics, anti-corruption and fraud prevention....
News & Publications
19 May IDC funded cement plant – launches in Ethiopia
As part of its objectives aimed at strengthening regional economic integration, the IDC partnered with South African cement manufacturer PPC, the ...
20 Mar Global Entrepreneurship Congress 2017 – Minister Zulu on SMMEs
The South African economy needs scalable SMMEs that can grow at an exponential rate. This is critical to helping government achieve its objectives of reducing unemployment,” said Small Business Development Minister, Lindiwe Zulu
...17 Feb IDC and NEF merge
In a landmark breakthrough for SA’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town yesterday that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation...
31 Jan New energy plant launched in Cape Town
On the 25 January 2017, the Industrial Development Corporation (IDC), working with other partners, Clean Energy Africa, WasteMart and Afrox launched the multi-million rand New Horizons waste-to-energy plant in Athlone, Cape Town.
...31 Jan IDC CEO talks industrialisation at WEF
IDC CEO Mvuleni Geoffrey Qhena and Chairperson of the IDC Board, Ms Busi Mabuza, were part of a 56-person high level government, business and labour delegation that attended the 2017 World Economic Forum (WEF) in Davos, Switzerland recently.
...10 Nov Futuregrowth restores lending relationship with IDC
Futuregrowth, a leading asset manager, has lifted the suspension of its lending activities to the Industrial Development Corporation (IDC) with immediate effect. The announcement follows Futuregrowth’s extensive review of the IDC’s the governance and investor protection mechanisms.
...19 Oct IDC CEO launches youth portal
Keen to ramp-up funding to youth-owned enterprises in the financial year ahead, the IDC has launched a youth portal for youth entrepreneurs to engage on challenges, opportunities and other critical issues affecting them....