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Topic - Industrial Development Corporation
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Oct 29, 2014
Oct 29, 2014
The Inter-Ministerial Committee (IMC) that was established to revitalise distressed mining towns has mobilised municipalities to review their Integrated Development Plans (IDPs) to pave the way for new-look mining towns.   Mpho Ndaba, the Director: Revitalization of...
Oct 29, 2014
Trans Hex CEO Llewellyn Delport
The long-awaited acquisition by Trans Hex of the Namaqualand diamond mines from De Beers has become effective. The JSE-listed Trans Hex expects to receive cash flows of R653-million over the life of Namaqualand Mines, which have a resource of between 1.6-million...
Oct 28, 2014
South Africa has been ranked third, after China and Brazil, in a new country-by-country assessment of 55 renewable-energy markets in Africa, Asia, Latin America and the Caribbean. The Climatescope 2014 report and index, which has been compiled by Bloomberg New Energy...
Oct 24, 2014
The detailed feasibility study on a two-phase steel project should be completed in the first quarter of 2015.
Oct 23, 2014
Oct 03, 2014
Geoffrey Qhena: The first three-million-ton phase is expected to be completed by 2017
The detailed feasibility study into a $4.5-billion, two-phase steel project planned for development by the Hebei Iron and Steel Group, of China, and South Africa’s Industrial Development Corporation (IDC) should be completed in the first quarter of 2015, IDC CEO...
Oct 03, 2014
The South African nuclear energy industry is currently dormant, but has the potential to “kick back into life” with adequate long-term planning and preparation, says engineering consulting firm GIBB power and energy GM Paul Fitzsimons. South Africa has one nuclear...
Oct 03, 2014
Oct 03, 2014
Oct 01, 2014
Sep 30, 2014
 
 
 
Sep 30, 2014
Dr Rob Davies
Local jewellery manufacturers will, through the newly launched R100-million Gold Loan Scheme, have the opportunity to access loans at an interest rate of 3% to buy the gold needed to make jewellery. Trade and Industry Minister Dr Rob Davies launched the scheme on...
Sep 29, 2014
WorleyParsons has become the first consulting engineering firm in sub-Saharan Africa to act as Owner’s Engineer on concentrated solar power (CSP) projects in South Africa. This follows the recent award of two contracts to provide Owner’s Engineer services to the...
Sep 26, 2014
Sep 26, 2014
A R350-million assistance package offered by the South African government to existing or prospective local agricultural exporters to Cuba has, some four years after its original announcement, finally become available to exporters. Intended to stimulate bilateral...
Sep 25, 2014
Scaw CEO Markus Hannemann
Securing sufficient scrap metal of the correct quality in order to ensure the efficient and sustainable operation of numerous electric arc furnaces is a key challenge currently faced by the Scaw Metals Group of Ekurhuleni. Another challenge also being addressed by...
Sep 19, 2014
Funding is being secured for the unfunded portion of the ferromanagense smelter, in the Coega industrial development zone.
Sep 17, 2014
Leading South African aerospace company Aerosud Holdings announced on Wednesday that it had formed a strategic alliance with the Industrial Development Corporation (IDC). As a consequence, the IDC has taken a 26% shareholding in Aerosud Holdings. Aerosud Holdings has...
Sep 12, 2014
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material...
Sep 12, 2014
Mpact has announced a major move into plastics recycling with the unveiling of plans for a state-of-the-art polyethylene terephthalate recycling plant.
Sep 05, 2014
Aerosud programme aimed at empowering lower-paid employees To quality as a broad-based black economic empowered (BBBEE) company in terms of the BBBEE Amendment Act, 2013, Aerosud is placing the focus on putting suitable mechanisms in place to enable its lower-paid...
 
 
 
 
Sep 05, 2014
Aerosud, South Africa’s leading aeromechanical parts manufacturer, has restructured its operations as part of a strategy aimed at ensuring continued strong growth. The restructure, put into effect in June, is directed at strategically positioning and financially...
Sep 01, 2014
Selby Nkwanyana and Nontsikelelo Kalashe
Anglo American company Kumba Iron Ore on Monday opened a sun-powered Internet school in Tembisa. The initiative, at Jiyana Secondary School, is the first of four such projects to better education, feed pupils and produce cooking gas from recycled waste.
Aug 18, 2014
The National Youth Development Agency (NYDA), Industrial Development Corporation (IDC) and the Small Enterprise Finance Agency (sefa) have launched a R2.7-billion Youth Fund aimed at creating millions of sustainable jobs. The launch took place at Langa township in...
Aug 15, 2014
The Development Bank of Southern Africa has signed a finance contract with the European Investment Bank to support the development of the 100 MW KaXu project.
Aug 15, 2014
Development Bank of Southern Africa Green Fund secretariat manager Michelle Layte noted that the local green economy needed to grow using fewer resources and the challenge was to come up with innovative ways of doing so by involving the youth.
Aug 13, 2014
JSE-listed paper and plastic packaging manufacturer and recycler Mpact has entered into an agreement with the Industrial Development Corporation (IDC) to build a R350-million polyethylene terephthalate (PET) recycling plant in Gauteng, the company announced on...
Aug 13, 2014
Mpact Limited, the JSE-listed manufacturer of paper and plastic packaging and a major paper recycler, today announced a major move into plastics recycling when it unveiled plans for a R350-million state-of-the-art polyethylene terephthalate recycling plant. The new...
Aug 12, 2014
Although South Africa has significant biogas potential, investment in the sector was being deterred by a lack of incentive schemes to make establishing such projects more affordable, energy company Uhuru Energy managing and technical director David Sonnenberg...
Aug 12, 2014
Aug 11, 2014
Since the inception of the New Growth Path in November 2010 – in which South Africa’s renewable energy ambitions are defined – development finance institution, the Industrial Development Corporation (IDC), has funded 54 green projects in the solar, wind, renewable...
 
 
 
 
Jul 29, 2014
PwC has announced the Top Ten finalists in its Vision to Reality Awards competition. The Top Ten finalists will have the opportunity to showcase their innovative companies and gain access to leading advisors and a direct route to seed and venture capital. The Top Ten...
Jul 23, 2014
Trade and Industry Minister Dr Rob Davies has assured that the Department of Trade and Industry (DTI) would be “playing its part” in ensuring that government procured 75% of its goods and services from local companies, announcing on Tuesday the next designation of...
Jul 23, 2014
Jul 22, 2014
Economic Development Minister Ebrahim Patel
Economic Development Minister Ebrahim Patel says government will be prioritising six ‘I’s as part of its “radical economic transformation” agenda for the coming five years. Delivering his Budget Vote in Parliament on Tuesday, Patel said the six components included...
Jul 11, 2014
AWAITING OPPORTUNITIES SMS group, through its office in Johannesburg, is well placed to provide plant equipment for steel plants in Africa
Steel plant processing technology, equipment and services specialist SMS Siemag, a division of SMS group, supplier of processing technology, equipment and services for the ferrous, ferro-alloy and non-ferrous metals industries, says there is potential to establish...
Jul 11, 2014
General Electric (GE) South Africa's R500-million investment into a customer innovation centre (CIC) in Gauteng and another R200-million into a supplier development vehicle (SDV) to promote job creation and skills development among the country's black small and...
Jul 07, 2014
A ten-month programme investigating the viability of using clean-burning methane – in the form of compressed natural gas (CNG) and compressed biogas (CBG) – to power passenger vehicles in South Africa, has shown that the conversion of petrol- or diesel-powered...
Jul 04, 2014
Indonesia has expressed interest in South Africa’s pebble-bed modular reactor (PBMR) technology, the demonstration of which was abandoned in 2010, after R9.244-billion had been spent over a decade, about 80% of which was taxpayers’ money. When the project was...
Jul 04, 2014
Foreign direct investment (FDI) into South Africa recovered to $8.2-billion in 2013, from $4.6-billion in 2012, notwithstanding ongoing anxiety about the state of the South African economy and its attractiveness as an investment destination. In addition, a new...
Jun 30, 2014
An approach that presents South Africa as offering a coherent “suite” of services to potential foreign importers of local goods – rather than simply the export product itself – may boost the country’s export earnings and drive the local industrialisation agenda, the...
 
 
 
 
Jun 27, 2014
The South African government has identified the green economy as one of 12 job drivers that could help contribute to what increasingly appears to be a highly ambitious target of creating five-million additional jobs by 2020. In fact, the New Growth Path, in which the...
Jun 27, 2014
According to the New Growth Path (NGP) framework, which has been adopted as the framework for economic policy and the driver of the country’s jobs strategy, government has identified the green economy as one of the top 12 job drivers to assist in creating 300 000...
Jun 24, 2014
Jun 24, 2014
Rentia van Tonder
Banking group Standard Bank reports that it has, to date, underwritten more than R10-billion-worth of funding to support the roll out of renewable-energy projects in South Africa. The projects have arisen as a result of the first two bid windows under government’s...
Jun 20, 2014
T27/06/14 - Industrial Development Corporation (IDC) The Industrial Policy Support Fund (IPSF), administered by the IDC on behalf of the Department of Trade and Industry (the dti) invites capable service providers for the following request for proposal: proposal to...
 
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