IDC

 
Risky Oakbay finds R37.5-million just in time
Risky Oakbay finds R37.5-million just in time
At the end of February, Oakbay Resources and Energy, the JSE-listed Gupta family vehicle, hardly had two cents to rub together. Over the course of...
Junior gold miner takes on the IDC
Junior gold miner takes on the IDC
Joel Mafenya says he made his money long before black economic empowerment (BEE) was in fashion, so he can afford to be more patient than the...
IDC comes to terms with bad debts but maintains it is within global norms
IDC comes to terms with bad debts but maintains it is within global norms
Bad debt delivered a blow to the Industrial Development Corporation’s balance sheet, but the IDC maintains it is in line with global norms for...
Transforming the economy of South Africa for the future
Transforming the economy of South Africa for the future
It has been just on 20 years since the first democratic elections were held in South Africa. Many analysts are using this time to reflect on what...
The IDC’s bad loans are at historic levels
The IDC’s bad loans are at historic levels
The impairments and write-offs amassed by the Industrial ­Development ­Corporation are at the highest level in the institution’s 73...
Struggling NEF freezes new loans
Struggling NEF freezes new loans
More than 150 entrepreneurs were turned away this month from the country's biggest black development financier, the National Empowerment Fund...
R2.7bn cash injection to NYDA
R2.7bn cash injection to NYDA
Business owners who approach the National Youth Development Agency (NYDA) for finance will no longer have to worry about making repayments. After...
MPs and Sefa face off over lending
MPs and Sefa face off over lending
Members of Parliament are facing off with officials from the state's Small Enterprise Finance Agency (Sefa) over how best to lend to small...
TopTV a pawn in IDC's political game, says shareholder
TopTV a pawn in IDC's political game, says shareholder
These allegations from Mergan Moodley – the founder of On Digital Media (ODM), which owns TopTV – come on the same day the pay-TV...
Zambia row puts hospital project on ice
Zambia row puts hospital project on ice
The construction of a flagship multimillion-dollar hospital in Zambia is on hold while South Africa's Industrial Development Corporation (IDC)...
New dye house boosts job creation
New dye house boosts job creation
In 2009, the company embarked on an expansion project that would see it build a new dye house over the next five years to expand its product...
Finding a niche most important
Finding a niche most important
Its product range includes duvet covers, pillow cases, curtains, mattress and pillow protectors, and sheets. It was founded in 1919 and has...

Client Media Releases

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