IDC increases profit, impairs R3.1bn in Scaw and Foskor

157 views · Published 31 July 2018 · 8:35 · Indexed 26 September 2026

Channel: CNBC Africa · 2018 · News & Politics

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The Industrial Development Corporation (IDC) released its annual results today, with a record breaking R16.7 billion worth of transactions approved. This marks a 9 per cent increase compared to the corresponding period last year. CNBC Africa’s Aviwe Mtila spoke to IDC CEO, Geoffrey Qhena for more.
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