Industrial Development Corporation
Khomotso Maimela DBCI MBCI is an experienced risk management professional specializing in business continuity and resilience. Currently serving as Risk Manager for Business Continuity and Resilience at the Industrial Development Corporation since April 2020, Khomotso has previously held the position of Senior Professional Officer for Business Continuity Management at the City of Cape Town and worked as a Business Continuity Specialist at the Land and Agricultural Development Bank of South Africa. Prior experience includes serving as a Risk Officer for Business Continuity Management and Specialized Risk Management at the City of Tshwane Metropolitan Municipality. Khomotso's academic credentials include a Postgraduate Diploma in Management Practice from the University of Cape Town, a Diploma in Business Continuity Management from Buckinghamshire New University, an Advanced Certificate in Environmental Management Compliance and Enforcement from the University of South Africa, and a Bachelor of Science degree in Environmental Science from the University of Limpopo.
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Industrial Development Corporation
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The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War. For more than 70 years the IDC has contributed to the implementation of South Africa's industrial policy and has established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries - acknowledged today as the cornerstones of the country's manufacturing sector - and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles. The IDC's funding is generated through income from loan and equity investments and exits from mature investments, as well as borrowings from commercial banks, development finance institutions (DFIs) and other lenders. We align our priorities with government's policy direction and remain committed to developing the country's industrial capacity, as well as playing a major role in facilitating job creation through industrialisation.