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IDC boosts economy with R16.3 billion disbursements despite sluggish GDP growth
Manage episode 502989570 series 2642867
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%).
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
Thank you for listening to a podcast from The Money Show
Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk
For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe
Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc
The Money Show is brought to you by Absa
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177 episodes
Manage episode 502989570 series 2642867
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%).
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
Thank you for listening to a podcast from The Money Show
Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk
For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe
Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc
The Money Show is brought to you by Absa
Follow us on social media
702 on Facebook: https://www.facebook.com/TalkRadio702
702 on TikTok: https://www.tiktok.com/@talkradio702
702 on Instagram: https://www.instagram.com/talkradio702/
702 on X: https://x.com/CapeTalk
702 on YouTube: https://www.youtube.com/@radio702
CapeTalk on Facebook: https://www.facebook.com/CapeTalk
CapeTalk on TikTok: https://www.tiktok.com/@capetalk
CapeTalk on Instagram: https://www.instagram.com/
CapeTalk on X: https://x.com/Radio702
CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567
See omnystudio.com/listener for privacy information.
177 episodes
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