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27 June 2017
                       
 
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05 Jun 2017
 
 
Pallinghurst scores as Jupiter dishes out $25m more
DIVERSIFIED MINERS
Pallinghurst mining company Jupiter Mines on Monday announced that it would make a further $25-million distribution to its shareholders in September. The Johannesburg Stock Exchange-listed...
 
 
19 May 2017
 
Pallinghurst share price leaps on value unlock outline
DIVERSIFIED MINERS
The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value...
 
 
18 May 2017
 
New cost-slashing platinum technology gaining impressive momentum
PLATINUM
The new cost-slashing, time-saving, capital-unlocking, mine-broadening and cobalt-saving platinum technology, driven by diversified mining company Pallinghurst and South Africa’s State-owned...
 
 
25 May 2016
 
DA urges IDC to give Guptas 'a wide berth'
FINANCE
The Industrial Development Corporation (IDC) should “follow the lead of the commercial banks and give the president’s pals (the Guptas) a wide berth in future”, the Democratic Alliance (DA) said on...
 
 
DA: Michael Cardo says restructured R250 million IDC loan to Guptas was political
STATEMENT
The DA takes the statement by Industrial Development Corporation (IDC) CEO Geoffrey Qhena that there were “no political considerations” associated with the restructuring of a R250 million loan to...
 
 
24 May 2016
 
IDC met with Atul Gupta, but never at Saxonwold – CEO
POLITICS
Industrial Development Corporation (IDC) officials met with Atul Gupta and members of his business ahead of providing financial assistance to Oakbay Resources & Energy, it was revealed on Tuesday....
 
 
20 Jan 2016
 
 
 
South Africa dare not miss Fourth Industrial Revolution
WEF 2016 ANNUAL MEETING
The Fourth Industrial Revolution is a fast train coming through town. South Africa can choose to jump on board or not, or – in the words of Nicky Newton-King, CE of the JSE – co-create the future,...
 
 
10 Nov 2015
 
DA: IDC should abandon plans for $5 billion steel plant
STATEMENT
The Industrial Development Corporation (IDC) should abandon its high-risk plans to build a $5 billion steel plant in partnership with the state-owned Chinese steelmaker, Hebei. Today, while...
 
 
14 Sep 2015
 
 
 
IDC sticks to R100bn, five-year loans target despite 2015 pull-back
INDUSTRIAL DEVELOPMENT
The State-owned Industrial Development Corporation (IDC), which reported a fall in loan approvals and disbursements in 2015, has retained its five-year target of injecting R100-billion of...
 
 
23 Jul 2015
 
Platinum bridal jewellery demand up in China, fuel cells powering blocks of flats
PLATINUM
Platinum marketing money previously devoted largely to discounts and commissions is now being used to boost platinum jewellery, investment and fuel cell promotion, says Anglo American Platinum...
 
 
22 May 2015
 
Economic Development holds Africa Day Symposium, 25 May
What's On
African economic integration is a critical driver for shared economic prosperity and job creation. Recent xenophobic sentiments that are fueled by fears of job losses and economic exclusion do not...
 
 
02 Apr 2015
 
 
 
 
 
Power problems offering platinum huge demand opportunity
PLATINUM
The electricity crisis is offering South Africa’s demand-hungry platinum mining companies a major opportunity to stimulate the offtake of platinum. State power utility Eskom’s loadshedding...
 
 
10 Nov 2014
 
 
 
Amid a ‘dire’ entrepreneurial climate, Zulu sets big small business GDP target
SMALL BUSINESS
The entrepreneurial climate in South Africa “is dire”, Small Business Development Minister Lindiwe Zulu lamented on Monday, noting that fewer than 14% of South Africans were planning to start a...
 
 
16 Apr 2014
 
 
 
 
 
IDC turns focus to creation of black industrialists, as it weighs 20-year impact
INDUSTRIAL DEVELOPMENT
South African development finance institution the Industrial Development Corporation (IDC) reports that it approved funding of more than R128-billion (R204-billion in 2013 prices) over the past 20...
 
 
04 Mar 2014
 
SA: Statement by the Ministry of Communications, on the launch of the National Broadband Council (04/03/2014)
STATEMENT
The National Broadband Advisory Council (NBAC), which will advise the Minister of Communications on the implementation of “South Africa Connect”, the Broadband policy and strategy, was launched today.
 
 
 
                       
 
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