Latest articles on Industrial Development Corporation

The crisis can ‘galvanise all of us to eradicate inequality’

To lessen the damage being wrought by the lockdown, the coronavirus budget mixed increased grants with more money for infrastructure and to keep businesses

South Africa’s economic plan for Covid-19

Relief for small businesses, tax breaks, employment incentives — Ramaphosa’s drastic measures to fight the effects of Covid-19

Stitched for success

The Industrial Development Corporation is working in partnership with the department of trade and industry to uplift the clothing and textile industry

Cooking up a multi-million rand recipe

It takes absolute belief in your product to get a small business going

Saldanha gas terminal in financial doldrums

The IDC and the PIC extended loans to Sunrise, and now the company is struggling to repay them

Cooking fills the gap of a lost love

A new South African film focuses on food and how it can be central to relationships

Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel

Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes

New Lily Mine owners set to resume operations after three year hiatus

Siyakhula Sonke Empowerment Corporation received R190-million in funding from the IDC to finance the takeover

Lily Mine narrowly escapes liquidation

Plans to revive Lily Mine have finally been cleared

Lily Mine’s revival may be derailed if claims of negligence are proven

The situation at Lily Mine is 'out of control', Dwaine Koch said in a lawyer’s letter to Vantage Goldfields’s business rescue practitioner

IDC appoints new auditors after dumping KPMG

This follows the decision taken by its annual general meeting not to reappoint KPMG, which had previously audited the IDC

Bizarre battles in Gupta rescue

The companies and the IDC are strange partners in court cases against the business rescue team

D-Day looms for Lily and Barbrook mines

The mines face provisional liquidation and 900 jobs will be lost – unless the IDC grants a loan

IDC loan of R60m ‘gone in one year’

The development finance entity says it wasn’t aware of a beneficiary’s connection to a minister

IDC moves to transparency by publishing a list of businesses it lends to

The move towards greater transparency follows criticism of its decision to fund the Gupta family’s Oakbay Resources

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Latest

Zuma maintains his true colours at Zondo commission

The former president’s escapades at the commission of inquiry into state capture are a far cry from Nelson Mandela’s response when summonsed to testify in the high court

Gordhan tells Zondo how Moyane wanted to advance the objectives of state capture

The public enterprises minister is being cross-examined by Tom Moyane’s lawyers at the state capture inquiry, as both men seek to defend their reputations

Shadow of eviction looms over farm dwellers

In part two of a series on the lives of farm dwellers, Tshepiso Mabula ka Ndongeni finds a community haunted by the scourge of eviction

Press Releases

Touching lives through innovation

Africa has a high youth population that adapts to technology quickly, and this phenomenon is something which should be taken advantage of

Festive Reading

In The Whistleblowers, Mandy Wiener talks to a wide range of the people who have revealed corruption and malfeasance in government and business

Centre for Women & Gender Studies

The CWGS aims to resuscitate the histories of African women from all walks of life in an intellectual cleansing/ukuhlambulula of her story

Greening the Future

The awards are a way of encouraging progress and celebrating those who wake up every day and work to make this country a better more sustainable place

Failing to learn the lessons? The impact of Covid-19 on a Broken and Unequal Education System

If the president was serious about fixing basic education, he would appoint his most competent minister with a powerful mandate to start fixing it

National Science and Technology Forum

It's an independent SETI platform, an essential element of an active democracy and an important part of the collaboration process needed in SETI

Milestones over the NSTF’s 25-year history

The organisation celebrates its Silver Jubilee as an established player in the NSI and as promoter and influencer of SET and innovation in South Africa

Huawei Cloud’s Year-End Sales Carnival

Massive discounts on hot cloud services are on offer along with special coupons and other privileges, but hurry, supplies are limited!