Former SA Steel Mills owner Rafik Mohamed’s bail application was postponed until 4 June and the case transferred to the Specialised Commercial Crimes Court
Flexibility in the sugar value chain is essential to ensure its long-term sustainability
The NPA is close to making a decision on possible charges in a probe involving SA Steel Mills and allegations of questionable cross-border transactions linked to the company
The case was postponed to 10 June, when Rajahussen is expected to respond to allegations that RGS fraudulently submitted a R2 billion proof-of-funding bank letter as part of its…
Previously unreported affidavits have raised serious questions about the Industrial Development Corporation’s R1.1billion funding to SA Steel Mills, including allegations of weak…
Trust deficit in HC is driving disaffected employees to the PP
The IDC has not confirmed whether a formal board inquiry was conducted into the Tinley Club Med transaction, leaving key governance questions unanswered
An entrepreneur has accused the Industrial Development Corporation of rigid recovery practices that ignore the impact of Covid-19, as calls grow for an inquiry into its treatment…
Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development
Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
A country that exports minerals but imports industrial dependence is not sovereign in any deep sense. A country that sits on energy resources but cannot convert them into stable…
Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion…
The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector
Afro-Map, which failed in its own bid to buy the transformer producer, filed the complaint, saying provisions of the Competition Act were flouted in the deal
Transforming the world’s monetary policies would benefit African cities and the continent’s public development banks have a key role to play
Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries
IDC and Graça Machel Trust help women to acquire vital business expertise
If the programme is to be a success, the government needs to use all the tools in its kit — and it should start with a definition of what a black industrialist is
The Corporation ramped-up its investment into the economy significantly in the year in review. In the year ahead, job creation will remain paramount to the IDC’s objectives
Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible
