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IDC approves R26.6bn for Black-owned businesses and youth jobs in new 2025-2028 plan.
South Africa's Industrial Development Corporation (IDC) announced a renewed focus on inclusive growth, prioritizing Black-owned businesses, women, and youth in its 2025-2028 plan.
The state-owned entity approved R26.6 billion in transformation funding last year, supporting over 15,000 jobs.
Additionally, the IDC is launching an independent complaints review panel by June 2026 to enhance transparency.
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IDC aprueba R26.6bn para empresas de propiedad negra y empleos para jóvenes en el nuevo plan 2025-2028.