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The Industrial Development Corporation (IDC) logo. Picture. Supplied.

Industrial development corporation

IDC experiencing pressure on balance sheet, MPs told

By Gaye Davis

While the entity is not yet in financial trouble, it may have to look to partnerships with the government and the private sector to raise additional funds.

  • The Industrial Development Corporation (IDC) logo. Picture. Supplied.

    Tshokolo Nchocho appointed as CEO of Industrial Development Corporation

    Cabinet has approved the appointment of Tshokolo Nchocho as chief executive officer of the Industrial Development Corporation (IDC).

    1349 days ago
  • IDC has announced the resignation of Geoffrey Qhena as the company’s CEO. Picture: Facebook.com.

    Geoffrey Qhena’s departure from IDC allows ‘new talent’ to take over

    Qhena who stepped down on Friday has been with the company for almost two decades and has served as CEO for 13 years.

    1445 days ago
  • IDC has announced the resignation of Geoffrey Qhena as the company’s CEO. Picture: Facebook.com.

    IDC CEO Geoffrey Qhena resigns

    Qhena, who has been the CEO for 13 years, says he feels like it’s time for him to step down.

    1445 days ago
  • FILE: Minister of Economic Development Ebrahim Patel. Picture: GCIS

    Oakbay faces legal action as IDC to claw back R293m

    Economic Development Minister Ebrahim Patel revealed on Thursday that the IDC had cancelled its loan agreement with the Gupta company.

    1726 days ago
  • FILE: Economic Development Minister Ebrahim Patel. Picture: EWN

    Patel: IDC to use all legal means to recover R293m from Oakbay

    Oakbay had until midnight to repay the IDC R293 million in outstanding capital and interest after the IDC cancelled its loan agreement with the Gupta company.

    1726 days ago
  • Picture. Supplied

    IDC orders Oakbay to pay back R293m over share price manipulation

    The IDC asserts that various misrepresentations and breaches of warranties were committed by the Oakbay Group.

    1726 days ago
  • idc-logo.jpg

    Futuregrowth, IDC kiss & make up

    The asset manager has lifted the suspension of its lending activities to the IDC.

    2108 days ago
  • Economic Development Minister Ebrahim Patel. Picture: World Economic Forum.

    Govt commits billions to support black industrialists

    Economic Development Minister Ebrahim Patel says the R23 billion funding to facilitate the growth of SA’s black industrialists will come from the IDC.

    2652 days ago
  • Quarter-on-quarter growth was just 0,7 percent from the revised 3,2 percent in the second quarter. Picture: EWN.

    SA GDP below expectations

    Quarter-on-quarter growth was just 0,7 percent from the second quarter's revised 3,2 percent.

    3185 days ago
  • FILE: Cosatu House in Johannesburg. Picture: Sapa

    Cosatu: Don’t blame unions for slow growth

    The IMF issued a report suggesting labour unrest is a possible cause of slow economic growth in SA.

    3240 days ago
  • A miner. Picture: AFP

    IDC calls for mine beneficiation

    The IDC says South Africa is not fully benefiting from its natural resources.

    3590 days ago
  • Foskor

    FIRST ON EWN: Foskor exec resigns

    A Foskor exec resigned a week after his bank statement was accidently e-mailed to staff.

    3709 days ago
  • Greenpeace activist beats a drum in demonstration outside the IDC offices in Sandton.Picture: Tshepo Lesole/EWN

    Greenpeace considers legal action

    Greenpeace could lay charges against a security company following Tuesday morning’s protest.

    3731 days ago
  • Greenpeace anti-nuclear demonstrators protest outside the IDC in Sandton. Picture: Tshepo Lesole/EWN

    Greenpeace protests outside IDC

    Activists chained themselves to the gate of the IDC as a continental nuclear energy conference opened.

    3731 days ago
  • «
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