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IDC

Industrial development Corporation

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The Capital Hotel Group and IDC capitalise on Gqeberha’s growth prospects

South Africa’s tourism sector is riding a high with a record 10.5m international visitors having graced our shores in 2025. This marks a 17.7% increase from the 2024 numbers surpassing a high which was last recorded during the Covid-19 pandemic. Importantly, travellers from African countries... The post The Capital Hotel Group and IDC capitalise on Gqeberha’s growth prospects appeared first on IDC…

IDC Commits to Ramp up Transformation, Dismisses Anti‑transformation Narrative

Johannesburg – The Industrial Development Corporation (IDC) has reaffirmed its commitment to supporting black‑owned and black‑controlled enterprises, emphasising that transformation and economic empowerment remain central to its developmental mandate. South Africa’s largest development finance institution, which has in recent weeks faced public scrutiny regarding allegations... The post IDC…

IDC and DBSA sign MOA to partner in developing energy projects in SEZs

Johannesburg – The Industrial Development Corporation (IDC) and the Development Bank of Southern Africa (DBSA) today signed a Memorandum of Agreement (MOA) that will enable two of the country’s biggest development finance institutions to collaborate in the development, financing, and implementation of energy security projects within... The post IDC and DBSA sign MOA to partner in developing energy…

IDC reaffirms commitment to transformation, inclusive industrialisation and Black entrepreneurship

The Industrial Development Corporation (IDC) notes recent public discourse, scrutiny and stakeholder commentary regarding its funding decisions, due diligence and evaluation processes, internal systems and its role in advancing transformation and inclusive economic participation. As South Africa’s leading state-owned development finance institution, the IDC recognises... The post IDC reaffirms…

Social media commentary on Green scooter and the IDC

As one of the key institutions mandated to support industrial development, transformation and empowerment, the IDC welcomes public scrutiny including criticism thereof regarding both its successes and failures to execute on its mandate. Demand for financial support including from cross sections of competing business interests... The post Social media commentary on Green scooter and the IDC…

IDC and Capricorn TVET College Open R2 million Automated Greenhouse Facility

MEDIA RELEASE 9 March 2026 IDC and Capricorn TVET College Open R2 million Automated Greenhouse Facility Senwabarwana, Limpopo Today marks a new dawn for primary agriculture students at Capricorn TVET College’s Senwabarwana campus with the official handover of a R2 million automated greenhouse facility for... The post IDC and Capricorn TVET College Open R2 million Automated Greenhouse Facility…

DMPR and IDC Junior Mining empowerment drive draws R600m from Anglo

10 February 2026 Cape Town – Two years into its launch, the Junior Mining Exploration Fund (JMEF) is beginning to make considerable impact on the local mining front. Established with an initial R400m capex, the JMEF is a joint mining exploration fund managed by... The post DMPR and IDC Junior Mining empowerment drive draws R600m from Anglo appeared first on IDC .

Mining’s Silver Lining

Amid turbulence, Africa’s minerals are spurring growth. Global uncertainty is now a key feature of the current economic landscape. The post Mining’s Silver Lining appeared first on IDC .

Transforming Mining, Smart partnerships key to sustaining growth

Economic transformation within the mining sector remains central to South Africa’s longterm growth and industrial development. Mining has historically underpinned the country’s economy for more than acentury and continues to play a material role in national output, national revenue exports and employment. In 2024, the... The post Transforming Mining, Smart partnerships key to sustaining growth…

IDC Announces Appointment of Dr Tebogo Makube to Its Board of Directors

The Industrial Development Corporation of South Africa Limited (IDC) is pleased to announce the appointment of Dr Tebogo Makube to its Board of Directors, effective1 October 2025 for a three-year term ending 30 September 2028. Dr Makube joins the Board as an additional member to... The post IDC Announces Appointment of Dr Tebogo Makube to Its Board of Directors appeared first on IDC .