In the past five years the Industrial Development Corporation (IDC) issued:
The total number of 834 business loans and equity funding.
The total monetary value is R80,5 billion.
Total Approvals
BEE owned (>50%)
Women owned (>50%)
Non-South African companies
a) Total number of the business loans/equity that were issued:
- 53,7% of the total number of business loans/equity by the IDC in the last five financial years was issued to majority black-owned companies; and by value it constituted 31,3% of all loans/equity approvals.
- 11,8% of the total number of business loans/equity by the IDC in the last five financial years was issued to majority woman-owned companies.
- 3,8% of the total number of business loans/equity by the IDC in the last five financial years was issued to non-South African companies (including investment in other African countries, and by value it constituted 15% of all loans/equity approvals.
Additional information requested will be compiled.
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