Its funding has run dry, so the empowerment fund is having to turn away entrepreneurs.
Non-payments could spiral out of control if the government lends directly to small businesses.
The founder of the company that owns TopTV says political interference by the Industrial Development Corporation left the firm facing financial ruin.
A vital ‘SA-style’ facility for Lusaka is on hold while its pugnacious backer and the IDC squabble.
Based in Cape Town, Rotex Fabric is a prominent manufacturer of circular knitted fabrics.
Sheraton Textiles manufactures and distributes household linens.
Phoebe and Floyd Designs was established in 1996 by husband and wife team, Bert and Martha Nagel.
Commonly asked funding questions.
Peter Blond & Associates had a different challenge to overcome when compared to other companies in the local industry.
Imraan Textile Mills operates a weaving and finishing facility in Mtwalume on the KwaZulu-Natal South Coast.
The textiles and clothing unit of the Industrial Development Corporation (IDC) supports a number of enterprises across the industry.
IDC funding helped Bosun to purchase its own premises and mechanize operations.
The chemicals sector has specific skills requirements that need to be addressed if its potential is to be realised.
A small soap manufacturer takes on the big guns with help from the IDC
The IDC helps BTC to position itself in a niche sector that is crucial to the country’s development.
Award-winning business creates more than 400 job opportunities for the local community.
Replacing fuels with more sustainable options remains a key focus for IDC business unit
The cement sector is a big focus area for the IDC; not only in South Africa, but on the continent as well
Over a construction period of 22 months, Ohorongo Cement became Africa’s most modern and efficient cement plant.
Prince Mashele, former CEO of Moeletsi Mbeki’s think-tank, has accused the critic of delaying a Cosatu report to save one of his business deals.
A R200-million local taxi assembly plant has been launched in Springs, Ekurhuleni, and is expected to create at least 500 jobs in the first phase.
One of the Industrial Development Corporation agro-industries unit’s pride investments is the 36.5% stake it holds in Karsten Group Holdings.
Private sector and government policy determine the success of emerging farmers
Poultry abbatoir gives Free State workers shares and employment
The marine aquaculture sector is a strategic imperative for the IDC’s agro-industries strategic business unit. It playa a developmental role.
The IDC has again demonstrated the weight it can lend to emerging industries.
An important role in maintaining South Africa’s agricultural competitiveness
The IDC’s agro-industries strategic business unit supports a wide range of food and other production activities in the agricultural value chain.
Investments develop and support production capacity
N’taba River Lodge is a three-time recipient of funding from the IDC’s tourism special business unit.
Free shares worth almost R1-billion in Capitec is what a consortium linked to financing the ANC has scored thanks to finance from two state bodies.
Developing tourism projects outside of SA seems incongruent with the Industrial Development Corporation’s mandate of developing local industries.