Question NW2473 to the Minister of Economic Development

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07 September 2018 - NW2473

Profile picture: Mente-Nqweniso, Ms NV

Mente-Nqweniso, Ms NV to ask the Minister of Economic Development

(a) What is the value of each loan offered by the Industrial Development Corporation, (b) on what date was the loan paid out, (c) to whom it was it paid out and (d) what is the value of the amount still owed on the loan?

Reply:

The IDC provides information on business partners that it funds, on the IDC website.

Details regarding investment date, value and shareholder details of IDC clients may be accessed at:

https://www.idc.co.za/images/DISCLOSURE_OF_IDC_FUNDED_BUSINESS_PARTNERS_FROM_1_APRIL_2017_-_31_MARCH_2018.pdf

I also refer the Honourable Member to the reply to Parliamentary Question 1575, of 18 May 2018.

 

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