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Distress fund - Industrial Development Corporation
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Emphasising a strong need to introduce more entrepreneurs to the Eastern Cape, Ufikile Khumalo, division executive of resource sectors at the Industrial Development Corporation (IDC), said that sustainability and employment are main factors to be considered going forward. Speaking at a business breakfast hosted yesterday, he showed statistics from the corporation that indicate a slow down to the economic problems if Foreign Direct Investment (FDI) increases. “There is still uncertainty, but world trade flows are improving,” he said.
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The Chamber and Community Chest partnered in bringing Derek Watts down to the local business community to discuss his work at Carte Blanche and a few inspirational stories that have made an impact on his life. 
