Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries
IDC and Graça Machel Trust help women to acquire vital business expertise
If the programme is to be a success, the government needs to use all the tools in its kit — and it should start with a definition of what a black industrialist is
The Corporation ramped-up its investment into the economy significantly in the year in review. In the year ahead, job creation will remain paramount to the IDC’s objectives
Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible
After 14 years of blackouts, the president has promised to expedite load-shedding’s finale
Despite commitments to climate resilience, many continue to ignore their social mandates and push ahead with funding for fossil fuel projects.
Agencies emphasise that speed is crucial to rescuing firms affected by July’s unrest
Environmentalists are up in arms over the decision
It’s a history littered with lessons and crumbs of what was to become the SAA privatised
Journalists’ voices should be the very loudest in calling for the culling of the corrupt among us
A R6-million lawsuit is offering new insight into why the state-funded station has not yet broadcast
To lessen the damage being wrought by the lockdown, the coronavirus budget mixed increased grants with more money for infrastructure and to keep businesses
Relief for small businesses, tax breaks, employment incentives — Ramaphosa’s drastic measures to fight the effects of Covid-19
The Industrial Development Corporation is working in partnership with the department of trade and industry to uplift the clothing and textile industry
It takes absolute belief in your product to get a small business going
The IDC and the PIC extended loans to Sunrise, and now the company is struggling to repay them
A new South African film focuses on food and how it can be central to relationships
Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes
Siyakhula Sonke Empowerment Corporation received R190-million in funding from the IDC to finance the takeover
Plans to revive Lily Mine have finally been cleared
The situation at Lily Mine is ‘out of control’, Dwaine Koch said in a lawyer’s letter to Vantage Goldfields’s business rescue practitioner
This follows the decision taken by its annual general meeting not to reappoint KPMG, which had previously audited the IDC
The companies and the IDC are strange partners in court cases against the business rescue team
The mines face provisional liquidation and 900 jobs will be lost – unless the IDC grants a loan
The development finance entity says it wasn’t aware of a beneficiary’s connection to a minister
The move towards greater transparency follows criticism of its decision to fund the Gupta family’s Oakbay Resources
Nearly two weeks after the first "Gupta leaks", those who invested in the family are starting to feel the direct repercussions of the saga.
As the world’s biggest consumer of ARVs, South Africa spends billions of rands purchasing the drugs on the international market every year.
Oakbay Resources, a company controlled by the Gupta family is having a crazy share price ride – but that has not dampened its fundraising ambitions.
A South African is raking in millions from two projects that are costing Namibians a fortune.
The Industrial Development Corporation has issued R1.5-billion in public bonds and plans to launch more in the future.