WATCH: IDC narrows loss to R33m

Industrial Development Corporation CEO Tshokolo Petrus ‘TP’ Nchocho. Picture: JEREMY GLYN

The Industrial Development Corporation has narrowed its annual loss to R33m from R3.3bn previously. The vast improvement is a result of reduced impairments and write-offs. Zinathi Gquma discussed the performance with IDC CEO TP Nchoncho.