Apiwe Nxusani-Mawela | Brewsters Craft | Business | Covid-19 | development finance institutions | IDC
IDC under scrutiny as entrepreneurs detail liquidation fallout
Amid growing calls for an inquiry into the Industrial Development Corporation (IDC), entrepreneurs in distress are speaking about their experiences with the state-owned lender. The push follows appeals by theNational African Federated Chamber of Commerce and Industry (Nafcoc) and opposition parties for scrutiny of the IDC’s lending practices, after several black-owned companies faced liquidation over…