Industrial Development Corporation.
state-owned company in South Africa
- Reports this week
- 0
- Active events
- 0
- Connections
- 32
What's happening
Earlier this month
One to three months ago
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National Treasury, IDC, and DBSA announced new partnerships and credit guarantees to support energy security and infrastructure in South Africa.Some support1 report
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The Industrial Development Corporation (IDC) has extended funding and converted debt into equity for Tongaat Hulett, focusing on its Durban refinery operations.Well supported6 reports2 developments inside
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IDC and SAWS data link El Niño drought concerns to South African economic data and Iran-related input costs.Some support2 reports
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The Industrial Development Corporation (IDC) has appointed Cornwell Muleya as its chief executive.Some support1 report
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Foskor was meant to list on the Johannesburg Stock Exchange (JSE).Some support1 report
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Vijai Sardesai challenged the Industrial Development Corporation (IDC) over alleged irregularities and demanded a committee investigation.Some support1 report
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The Industrial Development Corporation (IDC) issued warnings regarding structural constraints on industrial development in South Africa.Some support1 report1 development inside
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The Industrial Development Corporation (IDC) is exploring how to re-industrialize South Africa's economy by seeking explicit guarantees from the government.Some support1 report
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IDC furnished money for land purchase in Hooks, a city in Bowie County, adjacent to New Boston.Some support1 report1 development inside
Gone quiet
No new reports in 90+ days-
South Africa's government partnered with DBSA and IDC in 2013 to improve public hospitals and participate in public-private partnerships.Some support1 report
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South32 operates the Mozal Aluminium plant, which holds a 31.4% stake from the Industrial Development Corporation.Some support1 report
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The Industrial Development Corporation (IDC) has been providing financial support for a Club Med project located in KwaZulu-Natal, involving BIC and referencing the South African Reserve Bank.Some support1 report
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IDC funding facility supports an Angolan project located in Cabinda Province.Some support2 reports
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amaBhungane investigates potential state mafia expansion as Zimbabwean elite seeks control of assets, highlighting IDC failures.Some support1 report
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South Africa announced a public investment pipeline through the IDC, supported by government policy, to aid in the country's economic growth phase and support Sasol's major pledge.Some support2 reports
No events began in the chosen period. Widen it, or reset.
Around Industrial Development Corporation this week
News at the entities that move Industrial Development Corporation most-
South Africa OperationalThe South African government is considering measures to ease the financial burden caused by rising fuel prices.Moves Industrial Development Corporation
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high court StructuralA High Court bench was established in Ladakh, with a ceremonial bench held in Leh involving specific judges and bar association leaders.Moves Industrial Development Corporation
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Eskom TransactionalEskom is implementing load reduction measures affecting Gauteng and KwaZulu-Natal.Moves Industrial Development Corporation
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National Treasury StructuralCyril Ramaphosa and the National Treasury are noted amid rising global oil prices and geopolitical turmoil.Moves Industrial Development Corporation
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Botswana StructuralChina and Botswana are strengthening cooperation in health and education, led by President Duma Boko.Moves Industrial Development Corporation
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Zimbabwe StructuralPresident Mnangagwa signed a law affecting the country's legal status in Zimbabwe.Moves Industrial Development Corporation
Connections
The 27 strongest of 32, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Cornwell Muleya Structural
Cornwell Muleya serves as the chief executive of the Industrial Development Corporation.
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Bowie County Transactional
IDC used funds to purchase land located in Bowie County.
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Mozambique Structural
IDC secured strategic equity in operations within Mozambique.
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National Treasury Structural
The National Treasury and IDC functionally complement each other's credit guarantee mechanisms and financial support.
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South Africa Operational
IDC operates within South Africa, actively engaging in industrial investment and advocating for national economic restructuring.
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Tongaat Hulett Structural
IDC acquired a 33% equity stake in Tongaat Hulett and provided financial backing and support.
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Botswana Structural
IDC secured strategic equity in operations within Botswana.
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high court Structural
The high court has exercised formal regulatory power over the Industrial Development Corporation, quashing specific charge demands.
Show all 27 connections
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Zimbabwe Structural
IDC holds strategic equity in operations within Zimbabwe.
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CTC Structural
The company is subject to a controlling 35% shareholding by the government body.
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Eskom Transactional
Eskom is actively seeking smelter deals that directly affect the investment portfolio of the Industrial Development Corporation.
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Development Bank of Southern Africa Operational
IDC and DBSA partnered to co-finance energy security initiatives.
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Ambadas Danve Operational
Ambadas Danve criticized irregularities in Industrial Development Corporation projects.
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Angola Structural
IDC's funding facility provides functional support for projects underway in Angola.
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Club Med Transactional
IDC provided financial support for a Club Med project.
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JSE Transactional
IDC is being considered as a potential listing target on the JSE market.
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Mozal Transactional
IDC holds a 31.4% stake in a plant related to Mozal.
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ArcelorMittal Transactional
The relationship is currently in exploratory talks regarding a potential future transaction between the two companies.
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South African Weather Service Shared context
Both entities are relevant to the shared context of South African economic data.
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Jacob Zuma Structural
IDC collaborates with the government, indicating policy influence from political figures like Jacob Zuma.
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Vijai Sardesai Operational
Vijai Sardesai has publicly challenged the operational integrity of the Industrial Development Corporation.
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Cyril Ramaphosa Structural
IDC aligns its operations and mandate with the economic transformation agenda set by the government.
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Johannesburg Shared context
The Industrial Development Corporation is based in Johannesburg.
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Parks Tau Operational
Parks Tau revealed information regarding Industrial Development Corporation's funding allocations.
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Mumbai Structural
The Industrial Development Corporation manages land and surrounding areas within Mumbai.
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BIC Structural
The Industrial Development Corporation presented an audit report to the BIC board.
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El Niño Mentioned together
The provided evidence does not describe any relationship or coupling between the Industrial Development Corporation and El Niño.
History
Events by the month they beganOctober 2026
1 eventSeptember 2026
4 events- National Treasury, IDC, and DBSA announced new partnerships and credit guarantees to support energy security and infrastructure in South Africa.
- IDC and SAWS data link El Niño drought concerns to South African economic data and Iran-related input costs.
- The Industrial Development Corporation (IDC) has appointed Cornwell Muleya as its chief executive.
- Foskor was meant to list on the Johannesburg Stock Exchange (JSE).
August 2026
3 events- Vijai Sardesai challenged the Industrial Development Corporation (IDC) over alleged irregularities and demanded a committee investigation.
- The Industrial Development Corporation (IDC) issued warnings regarding structural constraints on industrial development in South Africa.
- The Industrial Development Corporation (IDC) is exploring how to re-industrialize South Africa's economy by seeking explicit guarantees from the government.
Show 2 earlier months
July 2026
4 events- The Industrial Development Corporation (IDC) has extended funding and converted debt into equity for Tongaat Hulett, focusing on its Durban refinery operations.
- IDC furnished money for land purchase in Hooks, a city in Bowie County, adjacent to New Boston.
- South Africa's government partnered with DBSA and IDC in 2013 to improve public hospitals and participate in public-private partnerships.
- South32 operates the Mozal Aluminium plant, which holds a 31.4% stake from the Industrial Development Corporation.
June 2026
4 events- The Industrial Development Corporation (IDC) has been providing financial support for a Club Med project located in KwaZulu-Natal, involving BIC and referencing the South African Reserve Bank.
- IDC funding facility supports an Angolan project located in Cabinda Province.
- amaBhungane investigates potential state mafia expansion as Zimbabwean elite seeks control of assets, highlighting IDC failures.
- South Africa announced a public investment pipeline through the IDC, supported by government policy, to aid in the country's economic growth phase and support Sasol's major pledge.