N’taba River Lodge is a three-time recipient of funding from the IDC’s tourism special business unit.
Shifting its strategy from investing in the conventional, the IDC is now investing in niche, adventure, sports tourism and community-based projects.
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.
Making headway in a market dominated by huge capital outlay and high labour costs and international competition from Chinese producers is no mean feat
The Industrial Development Corporation’s balance sheet looks relatively strong despite a rise in impairments.
The Board of the state’s lender has made it clear that it has the means to fulfill government’s objectives of creating a greener economy.
The support the IDC is providing to the development of the country’s green economy is expected to have a significant impact on job creation.
The IDC’s Green Industries unit has invested heavily in supporting the rollout of energy efficient alternatives to South Africa’s households.
Energy efficiency and a reduction in carbon emissions are at the top of most agendas around the globe, and no less so for the IDC.
With R90-million provided to South African companies under the IDC’s Green Energy Efficiency Fund the results from these projects are being seen.
The Industrial Development Corporation has been mandated to support and develop the sector in the same way it backed the mining industry.
The vision of a green economy in South Africa is moving rapidly from fantasy to reality.
The IDC’s Transformation and Entrepreneurship Scheme was set up in 2008 to finance marginalised groups in SA Instead of being one clump of money.
Five activists protesting against discussions on nuclear energy have been "roughed up" at the Industrial Development Corporation office in Sandton.
The South African government has begun thinking of implementing a new model of funding the Industrial Development Corporation, namely cash injections.
Anglo American has sold Scaw Metals’ SA arm for $440-million in an attempt to refocus the company and concentrate on its core mining business.
The South African government’s latest three-year strategy has aimed to boost manufacturing capacity and create jobs but business is sceptical.
The IDC has invested in a platinum mine which hopes to create 9 000 jobs and use a unique process to make it more energy efficient.
The state wants to keep the country’s debt levels down while also saving money across government departments.
Adding to recent feuds over a porn channel, more changes are on the cards for satellite network TopTV, as its parent company’s CEO looks set to walk.
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/ 25 November 2011
The green jobs report says South Africa’s green economy could create 460 000 jobs by 2050, which could result in an expanded productive capacity.
As SA prepares to sign a green energy accord, solar water heater-makers in the Western Cape are shutting their doors after decades in the business.
For the first time since 1940 the Industrial Development Corporation (IDC) will now pump money into businesses exploring "green" technology energy.
Bringing innovation to the fore.
Deputy Mineral Resources Minister Godfrey Oliphant has outlined plans to boost South Africa’s fledgling diamond cutting and polishing industry.
The Industrial Development Corporation has identified rural nodes and non-accommodation sub-sectors as areas to facilitate job creation in tourism.
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/ 20 October 2010
Cheaper money and lower cost have made green energy even more attractive to producers.
Private companies and banks itching to enter alternative energy market, writes Lionel Faull.
But the development finance body plans to "grow" green industry in next five years.
The Industrial Development Corporation said on Thursday it had approved R1,4-billion in loans to distressed companies during last year’s recession.
Less than 3 000 posts have been spared so far, despite government pumping R2.4‑billion into training layoff scheme.