Website Industrial Development Corporation (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.
Objectives
- Collecting, compiling, and analysing economic datasets.
- Performing data quality and validation checks.
- Compiling, manipulating, and analysing economic data.
- Developing econometric models for several relevant economic variables and market metrics, infrastructure related.
- Identifying and analysing key economic indicators.
- Preparing economic reports, charts, and slides.
- Maintaining and updating a repository of all the data.
- Providing technical input regarding the development of analytical models and unit-based decision support systems.
Qualification and Experience
Basic Requirements for the role
Formal Qualification/Degree
- Degree (NQF Level 7) or Postgraduate (NQF Level 8) qualification in Econometrics, Economics or similar.
- A Masters degree (MCom/MBA) will be an added advantage.
Work Experience
- Minimum 5 to 8 years relevant working experience in the following areas:
- Knowledge and understanding of applications of Eviews, Input/Output, SAM, CGE and other Econometrics platforms.
- Knowledge and understanding of monitoring of economic activities and formulating economic outlook for the organisation using econometric modelling techniques.
- Strong knowledge and understanding of databases on statistical and mathematical analysis of economic relationships.
- Knowledge and understanding of economic markets and economic forecasting.
- Experience, Knowledge and understanding of macroeconomic modelling, correlation analysis and cost benefit assessments.
- Experience, Knowledge and understanding of conducting EX Post Evaluation of projects.
- Knowledge and experience in conducting econometric research for infrastructure projects.
- Managerial experience in leading teams/projects.