South Africa's Minister of Trade, Industry and Competition, Parks Tau, addressed the media on Thursday, on the Industrial Development Corporation's ( IDC) strategic direction. The new strategy will now see the IDC evolving from being a traditional direct lender, to becoming a platform for industrial ecosystem development, mobilising capital, partners and capability in order to unlock high-impact sectors  and rebuild South Africa's industrial base. Minister Parks Tau says the IDC's role is critical in addressing challenges like low growth, declining industrial capacity, and economic power concentration. Thuto Ngobeni reports...

 

South Africa's Minister of Trade, Industry and Competition, Parks Tau, addressed the media on Thursday, on the Industrial Development Corporation's ( IDC) strategic direction. The new strategy will now see the IDC evolving from being a traditional direct lender, to becoming a platform for industrial ecosystem development, mobilising capital, partners and capability in order to unlock high-impact sectors &nbsp;and rebuild South Africa's industrial base. Minister Parks Tau says the IDC's role is critical in addressing challenges like low growth, declining industrial capacity, and economic power concentration. Thuto Ngobeni reports...
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Africa Rise & Shine

Rise & Shine

SA's Industrial Development Corporation shifts to ecosystem model to drive industrial growth, Parks Tau outlines strategy

The 2026 Reporters Without Borders (RSF) World Press Freedom Index shows a mixed, predominantly concerning landscape for journalism in Africa. While Namibia and Cape Verde lead with "satisfactory" rankings, most nations face "problematic" to "very serious" conditions, marked by increased legal constraints, physical safety issues, and economic pressures on media. According to the report,  press freedom has never been so strained in sub-Saharan Africa, a region battered by political instability, from the Great Lakes to the Sahel to Sudan. Wars, the criminalisation of journalism and economic challenges are the catalysts of this decline.  Tsepiso Makwetla spoke to Jeanne Lagarde, Advocacy Officer for Reporters Without Borders for Sub Saharan Africa

The 2026 Reporters Without Borders (RSF) World Press Freedom Index shows a mixed, predominantly concerning landscape for journalism in Africa. While Namibia and Cape Verde lead with "satisfactory" rankings, most nations face "problematic" to "very serious" conditions, marked by increased legal constraints, physical safety issues, and economic pressures on media. According to the report, &nbsp;press freedom has never been so strained in sub-Saharan Africa, a region battered by political instability, from the Great Lakes to the Sahel to Sudan. Wars, the criminalisation of journalism and economic challenges are the catalysts of this decline. &nbsp;Tsepiso Makwetla spoke to Jeanne Lagarde, Advocacy Officer for Reporters Without Borders for Sub Saharan Africa

"Countries such as Botswana and Togo are improving performance on World Press Freedom Index"- Reporters Without Borders for Sub Saharan Africa

Welcome to the Friday edition of The Discourse.......On International Workers' Day, attention is turning to the state of work across the world, as unemployment remains high in many economies, inequality persists, and workers continue to face pressures linked to slow growth, inflation, and changing labour markets. This year, the International Labour Organization says the theme is "Ensuring a Healthy Psychosocial Working Environment" - highlighting rising concerns around stress, burnout, and mental health in the workplace, and calling for stronger protections for workers' well-being.. Peter Ndoro spoke to Matthew Parks of the Congress of South African Trade Unions on the realities facing workers on the ground.....

Welcome to the Friday edition of The Discourse.......On International Workers' Day, attention is turning to the state of work across the world, as unemployment remains high in many economies, inequality persists, and workers continue to face pressures linked to slow growth, inflation, and changing labour markets. This year, the International Labour Organization says the theme is "Ensuring a Healthy Psychosocial Working Environment" - highlighting rising concerns around stress, burnout, and mental health in the workplace, and calling for stronger protections for workers' well-being.. Peter Ndoro spoke to Matthew Parks of the Congress of South African Trade Unions on the realities facing workers on the ground.....

Workers’ Day spotlights joblessness, inequality and rising mental health pressures globally

Credit rating agency Moody's has surrendered the regulatory licence of its South African subsidiary as it focuses on serving cross-border investors and African issuers seeking international funding. The firm says the decision reflects a broader adjustment to its business model and confirms that it will continue to rate South African entities from offshore offices. Regulators have approved a phased transition to limit disruption, allowing banks to rely on existing Moody's South Africa ratings for regulatory purposes for 24 months, until April 2028. The move signals a shift in how credit ratings will be used in one of Africa's most developed financial markets.  Peter Ndoro spoke to President of the African Credit Rating Association (ACRA), Dr Sifiso Falala...

Credit rating agency Moody's has surrendered the regulatory licence of its South African subsidiary as it focuses on serving cross-border investors and African issuers seeking international funding. The firm says the decision reflects a broader adjustment to its business model and confirms that it will continue to rate South African entities from offshore offices. Regulators have approved a phased transition to limit disruption, allowing banks to rely on existing Moody's South Africa ratings for regulatory purposes for 24 months, until April 2028. The move signals a shift in how credit ratings will be used in one of Africa's most developed financial markets.&nbsp;&nbsp;Peter Ndoro spoke to President of the African Credit Rating Association (ACRA), Dr Sifiso Falala...

SA's Industrial Development Corporation shifts to ecosystem model to drive industrial growth, Parks Tau outlines strategy

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