the dti

The Department of Trade and Industry (the dti) promotes structural transformation creating a dynamic industrial and globally competitive economy. It broadens participation in the economy to strengthen economic development and continually aims to respond effectively to the needs of South Africa’s economic citizens. MORE>>

The IDC

The Industrial Development Corporation (IDC) is the national development finance institution promoting economic growth and industrial development. The organisation’s primary objectives are to contribute to the creation of balanced, sustainable economic growth in South Africa and the rest of Africa. MORE>>

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MCEP on hold


New applications for MCEP have been temporarily suspended with immediate effect due to the large number of applications.

Over R5-billion was originally set aside for this programme and this is now fully committed.

MCEP was designed as an incentive to support enterprises in the production sectors of the economy soon after the onset of the global economic recession to weather very adverse market conditions, secure higher levels of investment, raise competitiveness and retain employment.

So far, MCEP has supported 1 153 entities with acquisition of capital equipment and re-engineering of business processes to improve their competitiveness. All assisted enterprises have retained jobs and are committed to Black Economic Empowerment.

MCEP will continue to honour all approved applications.

A new application window will be opened in April 2016, pending the availability of funds.

Please note that all other incentives will continue as normal.