Website Industrial Development Corporation of South Africa Limited (IDC)
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War.
Qualifications and Experience
- Honours degree in economics, econometrics (or equivalent qualification)
- Masters degree (e.g. M. Commerce (Economics/Econometrics) or M. Science (Economics/Econometrics)) will be an added advantage.
Knowledge and Experience
- 8 to 10 years relevant experience, preferably within an economic research and analysis environment.
- Substantial experience and knowledge in sourcing, compiling, interrogating, testing and analysing statistical information (e.g. national accounts, international trade etc), for use in quantitative analyses.
- Understanding, knowledge and experience of the historical and current economic environment (international and domestic) and factors influencing it.
- Strong understanding, knowledge and experience of macro-economics and development economics theory and principles, as well as their application in industrial development and in the finance environment
- Strong analytical and problem-solving skills, and an ability to understand, integrate and analyse complex information.
- Good understanding, knowledge and experience of the economic and socio-economic environment in South Africa and southern Africa, including transformation and regional development issues.
Roles and Responsibilities
- Conduct macro-economic and sectoral trend analysis, forecasting and economic impact assessments.
- Conduct quantitative and qualitative analyses and contribute to the expansion of IDC modelling capacity.
- Compile and present macro-economic research reports, publications, and presentations on economic matters for the IDC, and its stakeholders.
- Assist in planning portfolio priorities and objectives from macro-economic and sectoral perspectives, contributing to market risk analysis.
- Participate in various strategic research projects, particularly from a macro-economic analysis perspective.
- Participate in specific fora and liaise with various external institutions.
- Provide information on economic matters to IDC at large and assist through strategic support which enables effective management of the IDC group.
- Lead and/or coordinate research projects undertaken with other economists within the department.
- Undertake technical analysis of the prices of various commodities (industrial, energy and precious metals).
- Forecasting of the prices of various commodities (industrial, energy and precious metals).
