Industrial Development Corporation
Tshepo Ramodibe is an experienced corporate affairs professional currently serving as the Head of Corporate Affairs at the Industrial Development Corporation since September 2020. Prior roles include Group Corporate Citizenship Manager at Barloworld Limited and Executive Head of Stakeholder and Reputation Management at Vodacom. Tshepo's expertise in stakeholder engagement also extends to previous positions at MTN, where responsibilities included managing government relations and corporate social responsibility initiatives, as well as overseeing the preparation of financial communication materials. Tshepo began the professional journey at The Presidency as an Assistant Director. Educational background includes a Master's degree in International Relations and Affairs from WITS University, a Bachelor of Arts Honours from Rhodes University, and a Bachelor of Arts in Politics and Legal Studies from the University of KwaZulu-Natal.
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Industrial Development Corporation
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The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War. For more than 70 years the IDC has contributed to the implementation of South Africa's industrial policy and has established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries - acknowledged today as the cornerstones of the country's manufacturing sector - and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles. The IDC's funding is generated through income from loan and equity investments and exits from mature investments, as well as borrowings from commercial banks, development finance institutions (DFIs) and other lenders. We align our priorities with government's policy direction and remain committed to developing the country's industrial capacity, as well as playing a major role in facilitating job creation through industrialisation.