Friday, 20 April 2012

Industrial Development Corporation-Infrastructure Development-South Africa-Loan

S.Africa's IDC says in loan talks with China

JOHANNESBURG (Reuters) - South Africa's Industrial Development Corporation (IDC) is in talks with China for a loan to invest in sectors such as infrastructure development and health, chief executive Geoffrey Qhena said on Friday. Qhena also told Reuters on the sidelines of a conference on infrastructure development that the IDC, a state investment agency, had arranged another loan with the Public Investment Corporation (PIC), the government workers' pension fund. ... read more..

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