Tag Archive | Industrial Development Corporation

New Solar Plant opens in Upington

100MW of new solar power was added to the grid, as the Karoshoek Solar One project went live in Upington, Northern Cape.  This project is the latest success of Government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) which mobilises private capital and expertise to provide renewable energy to Eskom. With the current pressure on […]

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Posted in Government0 Comments

Female-owned pet food factory opened

The Department of Trade & Industry (the dti), Woolworths and the Industrial Development Corporation (IDC) officially opened the doors of K9 Pet Foods’ new 3 600 m² factory premises in the Western Cape. This opening is testament to the entrepreneurial spirit of a team of black women who put to test the intent of the […]

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Posted in Women0 Comments

Cape women blazing the Black Industrialists trail

The determination of three gritty Cape Town businesswomen to defy the odds and make success of their business paid off when they became the first beneficiaries of the much-talked about Black Industrialists Programme. Their company, K9 Pet Foods, which is based in Milnerton, received funding to the tune of R20 million from the Department of […]

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NEF to be incorporated into IDC to guarantee funding for black entrepreneurs

In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town on Tuesday that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand […]

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Posted in Enterprise Development, Featured0 Comments

BEE scheme bucks the trend in agriculture

New entrants in the agricultural sector find it hard to survive, especially when they are previously disadvantaged individuals.  That is not the case with a Western Cape based citrus project in Upper Olifants River Valley near Citrusdal. Cedar Citrus (Pty) Ltd a BEE citrus export company established in 1999 with the assistance of a start-up […]

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Posted in Business, Skills development0 Comments

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