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IDC boosts economy with R16.3 billion disbursements despite sluggish GDP growth

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Stephen Grootes speaks to Mmakgoshi Lekhethe, CEO of the Industrial Development Corporation (IDC), about the annual financial results. IDC disbursements rise 2.5% to R16.3 billion for the financial year ending 31 March 2025. The Industrial Development Corporation (IDC) injected R16.3 billion into the South African economy during 2024/25, up 2.5% from R15.9 billion the previous year. This growth came despite subdued domestic conditions and marginal real GDP growth of just 0.4% (2023/24: 0.5%).

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