Tag: IDC

IDC to sell about 10.5% stake in Namibia’s Rössing uranium mine
BusinessHot News

IDC to sell about 10.5% stake in Namibia’s Rössing uranium mine

IDC plans to sell about 10.5% of Namibia’s Rössing uranium mine after sanctions concerns, with 35 proposals already reported.

Oluwatosin Alao Oluwatosin Alao
IDC
BusinessHot News

South Africa’s IDC swings to $288 million loss in 2026

South Africa’s IDC swings to a R4.65 billion ($288 million) loss in 2026, driven by Foskor and distressed subsidiaries despite its profitable core business.

Feyisayo Ajayi Feyisayo Ajayi
IDC targets $3.15 billion in funding to drive Africa’s industrial growth
BusinessHot News

IDC targets $3.15 billion in funding to drive Africa’s industrial growth

South Africa’s IDC plans $3.15 billion funding to support manufacturing, energy, mining and industrial growth under a new strategy.

Oluwatosin Alao Oluwatosin Alao
Tongaat Hulett
BusinessHot News

South Africa’s Tongaat Hulett seals Vision Group, IDC takeover deal

Tongaat Hulett takeover deal with Vision Group and IDC secures 250,000 jobs and supports the sugar giant's recovery.

Timilehin Adejumobi Timilehin Adejumobi