The CitizenHere’s how much the IDC disbursed in business support in the last financial year
The IDC's recent annual report showed it had a debt-to-equity percentage of 30.9% and a non-performing loans percentage of 35.1%
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The CitizenThe CitizenIDC swings to R4.65bn loss, restates prior results
Mining rights and Foskor accounting errors prompted prior-year corrections, while the development financier reported another sharp earnings reversal.
The CitizenVision Group claims solution to save Tongaat Hulett is in sight
But the IDC and dtic must 'come to the party' and Vision is not interested in Tongaat 'for a quick buck'
The CitizenArcelorMittal ceases production at Newcastle, still no rescue in sight
Has spent the R1.683bn facility provided by the IDC intended to delay its closure.