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South Africa
1940 (86 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Industrial Development Corporation
Company Information
Get to know Industrial Development Corporation
The Industrial Development Corporation (IDC) is a state-owned development finance institution (DFI) established in 1940. Its primary mandate is to be a catalyst for balanced and sustainable economic growth in South Africa and across the rest of Africa. The IDC achieves this by providing financing for industrial development projects, promoting entrepreneurship, and facilitating job creation. It offers a range of financial products, including debt, equity, and guarantees, to new and existing businesses across various key sectors such as manufacturing, agriculture, mining, and green industries. The corporation plays a crucial role in implementing South Africa's industrial policy.
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