News & Publications
13 May IDC Aides School After School Feeding Scheme Supplies Theft
Gqeberha, Eastern Cape: Just over 800 pupils from Joubert Primary School in Schauderville, will once again start receiving their daily meals after this service was halted when their school’s Feeding Scheme were cleaned out during a burglary in February. Thieves made off with an entire...
11 May Veterans Shakeel Meer and William Smith bow out of IDC
Shakeel Meer and William Smith have retired from the IDC after serving the Corporation for three decades, respectively....
07 May IDC Partners to Support Back-up Artists
IDC Partners to Support Back-up Artists Durban, KwaZulu Natal: Even though it’s over a year since we went into lockdown as a country, many households are still dealing with the crippling effects of little to zero income. Amongst those are countless families of back-up artists who...
16 Apr IDC and NMT Capital Announce a Settlement Agreement
The Industrial Development Corporation (IDC), NMT Capital Proprietary Limited (NMT Capital) and Amabubesi BSR Holdings Proprietary Limited (Amabubesi) announced today that they have entered into a settlement agreement concerning a commercial dispute. The dispute, which qualified as a commercial case, was due to be heard...
23 Mar IDC and the DALRRD launch R1bn Agri-Industrial Fund to boost black farmers
In a key development aimed at addressing funding constraints facing black farmers and breaking entry barriers to commercial farming, the Industrial Development Corporation (IDC), in partnership with the Department of Agriculture, Land Reform and Rural Development (DALRRD) has launched a joint Agri-Industrial Fund. The R1bn fund...
18 Mar The Agri-Industrial Fund
The Industrial Development Corporation (IDC) in partnership with the Department of Agriculture, Land Reform & Rural Development (DALRRD) have established the AGRIINDUSTRIAL FUND, to support to a wide range of economically viable activities in agro-processing (food and non-food) sectors....
03 Feb IDC STRENGTHENS COMMUNITIES DURING COVID-19 GLOBAL PANDEMIC
South Africa went into national lockdown on 26 March 2020, a decision that built on a global consensus of what it takes to slow the rate of infection of Covid-19. Productive economic activities were halted and resulted in dire social consequences on the livelihoods of...
03 Feb IDC STANDS AGAINST GENDER-BASED VIOLENCE & VIOLENCE OF ANY KIND
Gender-Based Violence and Femicide (GBVF) is a widespread problem in South Africa, impacting all aspects of life. The World Health Organisation indicates that about 1 in 3 women worldwide has experienced either physical and/or sexual intimate partner violence or non-partner sexual violence in their lifetime....
02 Feb The IDC mourns the loss of its General Counsel and Company Secretary, Mr Bassy Makwane
Mr Makwane passed away on 24 January 2021, following an illness. A dedicated and long-serving employee, Mr Makwane, joined the IDC in October 2002 and served the Corporation with great distinction. An affable and engaging personality, Bassy was dedicated and gave incisive guidance on legal...