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JSE All Share82 431,400.42%·
USD/ZAR18,420.18%·
Brent81,270.91%·
Gold2 342,100.34%·
Iron Ore102,451.12%·
Sasol (SOL)92,182.41%·
Kumba (KIO)314,500.82%·
BHP528,300.63%·
SARB Repo7,000.00%·
SA 10Y Bond10,420.04%·
CPI YoY2,900.00%·
GDP YoY0,600.00%·
DashboardStrategy
Strategic Positioning

New initiatives,
modelled and weighed.

Sports Fund & Impact Fund evaluation · portfolio impact projection · scenario comparison and roadmap.

Transformation 78% achievedGearing headroom R15.4bnAvailable capacity R8–12bn
PROPOSED
Initiative 01

IDC Sports Fund

Size
R2–5bn
Structure
Blended
Tenor
7–12Y
IRR
8–12%
Sports infrastructureAcademiesEvent venuesSports tourism
8–15k
Jobs
National
Scope
Medium
Risk
Strategic alignment7.5/10
18–24 months to first close · UNDER EVALUATION
PROPOSED
Initiative 02

IDC Impact Fund

Size
R5–10bn
Structure
Green+SDG
Tenor
10–15Y
IRR
6–9%
Climate adaptationSocial infraGreen SMEsRenewable mfg
20–35k
Jobs
National
Scope
Low–Med
Risk
Strategic alignment9.2/10
12–18 months to first close · UNDER EVALUATION
Sports Fund

Financial model

Fund size
R3.5bn
Concessionary %
40%
Blended yield
7.6%
Annual income
R266m
Sectoral deployment
Stadiums/Arenas35%
Training Facilities25%
Community Sports20%
High-Performance12%
Admin/Other8%
Impact Fund

Financial model

Fund size
R7.5bn
Green share
60%
Blended yield
7.1%
CO₂ avoided
3.0Mt
Strategic alignment
JETP / Green Transition95%
Green Hydrogen92%
REIPPPP88%
NDP 203082%
Critical Minerals78%
Combined impact

Portfolio after both initiatives

Current
R144.3bn
AUM
+R11bn
Projected
R155.3bn
AUM (+7.6%)
MetricCurrentProjectedΔ
New AUMR144.3bnR155.3bn+R11.0bn
Listed Equity %21.0%19.5%-1.5pp
Dividend Dependency22%18%-4pp
Additional Jobs14,89244,142+29,250
Green / Sustainable %~15%~22%+7pp
Blended Yield (est.)8.4%8.3%Blended
Roadmap

Implementation timeline

Q2 2025
Foundation
  • · Board approval
  • · Feasibility studies
  • · Impact Fund: R2bn cap
  • · 12 FTE recruitment
Q3 2025
Market Sounding
  • · Investor engagement
  • · Board clearance
  • · Sports feasibility
Q4 2025
Documentation
  • · Fund docs
  • · Regulatory approvals
  • · Impact: R5bn first close
Q1 2026
First Close
  • · Initial deployments
  • · Impact disbursements
  • · Sports board approval
Q2-Q4 2026
Scale-Up
  • · Co-investment mobilisation
  • · Impact full deployment
  • · Sports R2bn close
  • · RWC 2027 prep
Recommendation
Launch Impact Fund first (Q3 2025), pilot Sports Fund (Q1 2026)
Impact Fund has stronger policy alignment (9.2 vs 7.5), lower risk, and positions IDC as lead agency in the green transition.