Industrial Development Corporation: Limpopo Province Leading industrial capacity development The Industrial Development Corporation’s Limpopo regional office is well-placed to help the province reach the economic potential which comes from its strategic position as South Africa’s northernmost province. As such, it is seen as the gateway to the rest of Africa. It is bordered by Botswana to the west, Zimbabwe to the north and Mozambique to the east, making it favourably situated for economic cooperation with other parts of Southern Africa. Values • Partnership • Professionalism • Passion Regional office The regional office is based in Polokwane in a business complex in the hustle and bustle of the city centre and has a satellite offices based in Tzaneen and Thohoyandou. There are IDC regional offices in every province to promote the corporation’s commitment to economic growth and industrial development countrywide. The IDC is located close to other government agencies such as the Small Enterprise Development Agency (Seda) to enhance collaborative efforts and extend its reach. The corporation is involved in different stakeholder initiatives, including outreach through local newspapers as well as on radio stations such as Capricorn FM, a wholly black-owned regional radio station. The station is an IDC success story, having been funded by the corporation. The IDC’s main economic driver in Limpopo is agroprocessing, but with the future of the province’s mining industry looking quite prosperous, it might overtake agriculture in the near future. Strategic outcomes • Improve the environmental sustainability of the IDC and the industries in which we operate • Facilitation of decent, sustainable, direct and indirect employment • Increased development in rural areas and improve integration of regional economies • Promotion of entrepreneurship and small and medium enterprise growth • Advancement of environmentally sustainable growth • Growth in sector diversity and increased localised production • Support for the transformation of communities • Development of black industrialists and support for woman and youth entrepreneurs. LIMPOPO BUSINESS 2018/19 80
CONTACT INFO Physical address: Maneo Building, Ground Floor, 73 Biccard Street, Polokwane 0699 Postal address: Postnet Suite 422, Private Bag X9307, Polokwane 0699 Tel: +27 15 299 4080 Fax: +27 15 295 4521 Website: www.idc.co.za 81
LIMPOPO BUSINESS 2018/19 EDITION TH
Operational mandate The sole mandat
I’M AN ENTREPRENEUR. AN INNOVATOR
MESSAGE New Special Economic Zone p
FOREWORD Limpopo Business A unique
A REGIONAL OVERVIEW OF THE LIMPOPO
SPECIAL FEATURE reason for the prov
SPECIAL FEATURE Polokwane has good
SPECIAL FEATURE Limpopo Development
FOCUS De Beers Venetia Mine Youth D
SPECIAL FEATURE Investing in Limpop
FOCUS LEDA drives energy generation
FOCUS The LEDA group of companies i
FOCUS LEDA helps SMMEs to go mainst
FOCUS Palabora Mining Company Inves
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