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IDC explains its valuations, investments

The corporation responds to a recent Moneyweb article.

The Industrial Development Corporation (IDC) released its 2019 annual report recently, revealing that some 30.7% of its investments were in the chemical and petroleum sectors, which amounts to R26.5 billion. This rose from 27.3% in the prior year.

Nompu Siziba speaks to Ntshokolo Nchocho, the CEO of the Industrial Development Corporation about the latest figures that have come out of the IDC and the transparency of the company’s investments.

Read: Some clarity from the IDC would be nice

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