Industrial Development Corporation (IDC)

 
Cooking up a multi-million rand recipe
Cooking up a multi-million rand recipe
A business concept or idea remains just that if it’s not backed up by action. It is therefore advisable for aspiring entrepreneurs to test the...
Stitched for success
Stitched for success
One of the Industrial Development Corporation’s (IDC) critical aspects is its support to inclusive transformation and empowerment, which,...
Saldanha gas terminal in financial doldrums
Saldanha gas terminal in financial doldrums
A R1.2-billion liquid petroleum gas import and storage terminal whose construction was largely co-financed by the state’s Investment Development...
Ports body bungles gas deal
Ports body bungles gas deal
The Transnet National Ports Authority (TNPA), which manages the country’s commercial ports, could be sued for about R1-billion because its legal...
Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel
Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel
Economic Development Minister Ebrahim Patel has told Members of Parliament that the court action to recover millions from Shiva Uranium has yet to...
New Lily Mine owners set to resume operations after three year hiatus
New Lily Mine owners set to resume operations after three year hiatus
The new owners of Lily and Barbrook Mines in Mpumalanga on Tuesday said they were ready to resume operations, after nearly three years of non-activity and undergoing business rescue....
Lily Mine narrowly escapes liquidation
Lily Mine narrowly escapes liquidation
Plans to revive Lily Mine have finally been cleared after the liquidation application brought against its sister mine, Barbrook, was withdrawn on...
Lily Mine’s revival may be derailed if claims of negligence are proven
Lily Mine’s revival may be derailed if claims of negligence are proven
Just months after clinching a deal to revive the Lily Mine in Mpumalanga, Vantage Goldfields now faces claims that it was acting negligently while...
IDC appoints new auditors after dumping KPMG
IDC appoints new auditors after dumping KPMG
The Industrial Development Corporation (IDC) has announced the appointment of new external auditors.
Bizarre battles in Gupta rescue
Bizarre battles in Gupta rescue
A complex web of interests and legal cases has enveloped the business rescue of eight Gupta-linked companies as the various parties view one...
D-Day looms for Lily and Barbrook mines
D-Day looms for Lily and Barbrook mines
Vantage Goldfields’ Lily and Barbrook mines could be sold off for much less than they are worth if the Industrial Development Corporation (IDC)...

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