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South Africa Set To Provide R1bn To Create Black Industrialists

AFRICANGLOBE - South Africa's Department of Trade and Industry will provide grants and cheap loans to the tune of R1bn as part of the government’s plan to create large and competitive Black industrialists.

South Africa: Creating a State-Owned Steelmaker One Step Closer

AFRICANGLOBE - South Africa moved one step closer to the creation of a state-owned steel manufacturer on Monday with the Industrial Development Corporation's (IDC's)...

R100bn Boost For South African manufacturing

The latest version of the state's Industrial Policy Action Plan will see the Industrial Development Corporation (IDC) investing R102-billion in targeted South African manufacturing...

South African Government Invests in Platinum ‘Mega-Mine’

South Africa's state-owned Industrial Development Corporation (IDC) has made a R3.24-billion (US$420-million) investment in a public-private mining and beneficiation venture that aims to become...