South Africa Boardroom

South Africa · Governance

What the IDC disbursed, mobilized and fell short of in 2025/26

South Africa’s Industrial Development Corporation disbursed R17.03 billion of on-balance-sheet funding in the year to March 2026, up 4.3% but below target. It also mobilized R28 billion from other funders. The audited scorecard shows how the two measures differ.

Sources checked

South Africa Boardroom Editorial Team

Fiscal year ended March 2026IDC funding and development targets

Actual

Shared scale · 0 R m to 30,063 R m

  • On-balance-sheet funding disbursed17,029 R m
  • Off-balance-sheet funding disbursed5,688 R m
  • Funding mobilized from other funders27,998 R m
  • Transformation funds disbursed3,554 R m
  • Export value generated through funding4,799 R m
  • Funds disbursed for special economic zones602 R m
  • Funds disbursed for SMMEs1,310 R m

Switch between actuals and targets on the same scale. The table includes expected jobs and approved generating capacity.

Source 1 Source 2

Disbursement grew but missed the on-balance-sheet target

On-balance-sheet disbursements reached R17.029 billion against a target of R17.880 billion, a difference of R851 million. The separate off-balance-sheet measure reached R5.688 billion against a R3 billion target. Funding mobilized from other funders was R27.998 billion, below its R30.063 billion target. Source 1

The business categories varied widely against plan

The IDC disbursed R1.310 billion for small, medium and micro enterprises, more than three times the R411 million target. Transformation disbursements of R3.554 billion were below the R4.684 billion target. The special economic zone figure includes supporting infrastructure such as energy, water or logistics. Source 1

The jobs figures count expectations attached to funding

Clients’ commitments accounted for 71,228 expected new jobs, compared with a target of 29,784. The corporation expected another 1,741 jobs to be saved, below its target of 9,362. The report describes conditions for those commitments to materialize, including signed agreements. The numbers measure projected outcomes. Source 1 Source 2

Approved generating capacity is a separate project measure

The scorecard shows 1,085 MW of approved generating capacity against a target of 553 MW, covering both utility-scale and small embedded projects. Approval measures the capacity in projects supported at this stage. It does not give the amount commissioned or the electricity those projects generated. Source 1

Sources

Open the data and source notes