Ithala Development Finance Corporation

20/08/2026

19/08/2026

IDFC site visit to Ingqalabutho Yamalinda Multipurpose Trading , an IDFC funded client for the construction of a 300 meter retaining wall along the N3.

19/08/2026

19/08/2026

Celebrating Entrepreneurial Growth in uMgungundlovu!

The IDFC SMME Incubation Programme with entrepreneurs from uMgungundlovu has successfully concluded on a high note, marking an important milestone in the journey of these emerging businesses.

The programme brought together valuable support from key stakeholders, including Durban University of Technology (DUT), South African Revenue Services (SARS) and South African Bureau of Standards (SABS), who contributed to building the knowledge, capacity and capabilities of participating entrepreneurs.

The programme concluded with DUT facilitating impactful training in Business Plan Development, Marketing and Sales, equipping entrepreneurs with practical tools to strengthen their businesses, improve their market positioning and pursue sustainable growth.

These entrepreneurs were initially identified in 2025 through the IDFC Manufacturing Workshop hosted in uMgungundlovu. Since then, the incubation programme has provided a platform for continued learning, development and business support.

We extend our appreciation to SARS, SABS and DUT for their valuable contributions to the programme, and congratulate all the participating entrepreneurs on reaching this milestone.

Their journey is a testament to what can be achieved when entrepreneurs, industry stakeholders and development institutions work together to build stronger, more sustainable SMMEs.

IDFC continues empowering entrepreneurs, strengthening SMMEs and contribute to economic growth.

18/08/2026

ITHALA STAFF ENGAGEMENT

Today, the Head of Department for Economic Development, Tourism and Environmental Affairs, Dr. Nkosenye Zulu, led a staff engagement session at the Ithala SOC Limited Head Offices in Durban with Ithala SOC Limited and Ithala Development Finance Corporation Executives and staff.

The focus was on building a stronger and more effective financial development institution for the people of KwaZulu-Natal.

Dr. Zulu emphasised:
_"Our goal is unity and progress. As we continue delivering on our mandate, we must carry every staff member with us. No one must be left behind."_

The objective is clear:
One stronger organisation, serving one province.

14/08/2026

Fun! Games ! Live performances at Nongoma Ithala Centre.

14/08/2026

THRIVE CHATS: Business and Finance