idclatest news & developments
Intervention: Trade, Industry and Competition Minister Parks Tau, left, and his deputy Zuko Godlimpi believe a sustainable solution can be found to
prevent Tongaat Hulett from being liquidated, thus preventing a devastating ripple effect across the economy. Photos: Supplied

Tau leads drive to save Tongaat Hulett

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

(L) IDC CEO Ms Mmakgoshi Lekhethe, (C) DTIC Minister Paks Tau and FPI Director General Claude Ntumba Batubonke,
at yesterday’s MOU signing ceremony

Reflections from the 2026 Mining Indaba

Critical Minerals, partnerships, and transformation were the key underlying themes to our participation at the just-ended Mining Indaba. Mining’s significance to SA’s economy can’t be overstated. It is a strategic pillar of SA’s economy as it employs over 470,000 people and contributes to local economic development in poor communities. Its contribution to nominal GDP rose […]

File photo: Oupa Nkosi

Competition Commission to look into complaint over Actom’s acquisition of SSPM

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

Trade commission protects legacy steel giant from competitive imports

An outdated iron ore beneficiation value chain is holding back South Africa’s industrialisation, even as government imposes tariffs mainly affecting China to shield ArcelorMittal from the surge of steel imports

Women Creating Wealth Investor Readiness Programme

IDC and Graça Machel Trust help women to acquire vital business expertise