3 minute read
13 Nov 2020
IDC’s precarious finances a challenge for post-Covid economic recovery
According to the financial statements, the Industrial Development Corporation has borrowings of R41.2 billion, of which R11.1 billion will be maturing in the 2020- 21 financial year.
South Africa's jobless rate is near a record at 27 percent despite higher levels of education. AFP/Rajesh JANTILAL