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Tags Industrial Development Corporation (IDC)

Tag: Industrial Development Corporation (IDC)

The IDC to start the process of finding a new CEO

THE Board of Directors of the Industrial Development Corporation (IDC) has announced that its CEO, TP Nchocho, will leave the Corporation at the end...

Empowering women for sustainable success

THE Industrial Development Corporation (IDC) has partnered with Metro Women Secondary Co-operative (MWSC) to support their Sanitary Towel Manufacturing Project, based in Gqeberha. The IDC’s...

R1bn agri-industrial fund to boost black farmers

IN a key development aimed at addressing funding constraints facing black farmers and breaking entry barriers to commercial farming, the Industrial Development Corporation (IDC),...

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Malaysian energy company’s share transfer creates a pan-African group

PETRONAS has sold its 74% shareholding in Engen to Vivo Energy. Engen and Vivo Energy announced the completion of the transaction on 21 May...

Truck heavyweight launches more electric options in SA

IN line with Daimler Truck’s global ambition to offer 100% CO2 neutral trucks and buses by 2050, DTSA introduced its first fully battery electric...

Construction of Coega automotive plant to begin ‘shortly’

STELLANTIS, the world’s third-biggest automotive manufacturer by volume, and South Africa’s largest development funder, the Industrial Development Corporation (IDC) have concluded key milestones that...

SA’s auto sector notes decline in exports, increase in (low) NEV sales

THE domestic automotive industry is celebrating the centenary of vehicle manufacturing in the country in 2024. In the Automotive Business Council (naamsa) Q1 2024...