The Industrial Development Corporation (IDC) sees an expanded role for itself in various areas of SA’s economic reconstruction and recovery plan, despite its most recent annual losses.

A troubled economy, the early stages of the Covid-19 onslaught and severe volatility in its investment portfolio, notably petrochemicals giant Sasol, were among the “never seen before” events that led to a plunge in the performance of the development financier, its CEO Tshokolo Nchocho said at a briefing on the release of its latest annual results...

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