Corporate Social Investment
 
Corporate Social Investment

Focus Areas

For a more impactful CSI, our programme is focused on two main sectors which are aligned to our mandate and priorities of the country.

Education and skills development

Improving education and skills development is one of the key strategies to reduce high levels of youth unemployment and to provide people with wider opportunities to get out of poverty. The country has shortage of skills required tor transformation the society, grow the economy and create jobs. Research shows that despite the gains made by the democratic government to improve the quality of education, more still needs to be done. The lack of education and skills affects mainly poor black young people. Our education focus is therefore designed to benefit that group.

Our education portfolio is holistic and focusses on the following:

1.1 Basic Education


In collaboration with the department of basic education (DBE), we identify and support poor schools and work with them for a minimum of five years to transform them into functional schools. We specifically address and offer the following in our interventions: 

  • Basic infrastructure as per the norms and standards set by DBE. 
  • Academic / curriculum support – we support educators through training that improves their teaching and content knowledge of gateway subjects. 
  • Leadership, governance and management – we offer training and support to School Governing Bodies, Senior Management Teams and Learner Representative Councils to improve the leadership and management of schools. 
  • Security and Social Wellbeing – Through a partnership with other government departments such as Home Affairs and Social Development we assist the learners to obtain necessary documents to enable them to access grants and other necessary services. 
BE1 IDC Mpumalanga Launch 439 Makhosana Manzini LibraryLaunch of Makhosana Manzini Primary School Library in Mpumalanga

 1.2 Higher Education 

 

BE2 Ekurhuleni East TVET CollegeStudents doing practical training at Ekurhuleni East TVET College

Our focus on higher education is in providing support to the public Technical Vocational Education and Training (TVET) Colleges and university access programmes. 

Our TVET intervention’s aim is to support government’s efforts to transform these institutions to provide training that is relevant to both the country and industry needs. We assist the Colleges with curriculum development and in facilities improvement so that their training workshops are up to date with the current trends.

To address the low numbers of students taking up science degrees, particularly those from under-resourced schools, the IDC supports development / access programmes at selected universities.


We particularly support successful programmes that target mainly black students from poor resourced school and develop them to enter STEM (science, technology, engineering and maths related) studies.

Entrepreneurship Development

In support of the IDC mandate of job creation, CSI supports community entrepreneurial projects aimed at job creation. Supporting such enterprises alleviates poverty, creates jobs and contributes to skills development fits well with the IDC’s developmental mandate while remaining distinct from other commercial enterprise endeavors of the business. The programme is biased towards women and youth led initiatives. 

We partner with reputable non-government and not-for profit organisations with good track record in executing our mandate in this area. Here we work closely with Development Impact Support Department to identify projects and prioritise areas where IDC has projects particularly transactions with Community Trusts. The initiatives we support must also be aligned to IDC value chains sectors (Basic Metals and Mining, Agro-processing and Chemicals) 

ED1 Kusile Mzantsi Comm.Project Kusile Mzantsi Community Project in Eastern Cape      ED2 Sihleza Honey Jam Sihleza Community Development - Honey and Jam making project

Special Projects

Consideration is also given to initiatives outside the two focus areas that are deemed strategic to support. This is done only on exceptional cases and when budget is available. Priority will be given to initiatives that are strategic for the IDC and those that enhances the corporation’s reputation.
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Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

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