Who Are We
As the Ithala Development Finance Corporation (IDFC) we manage fully integrated business activities that provide a range of financial and property services throughout KwaZulu Natal. Our mandate is to promote development in the province
Our Mission
To reduce poverty through implementing infrastructure programmes, providing access to financial services, and building the economy of KwaZulu Natal, with a focus on rural and township areas
Our Vision
To create a more prosperous and inclusive society where the previously disadvantaged have an opportunity for a better life
Our Purpose
- To be a bridge to a better life through socio-economic development
Ethics & Values
- Passion
- Integrity
- Future Focussed
- Respect
- Service
Our Objectives
Ithala's objectives provide for the organisation:
- To mobilise financial resources and to provide financial and supportive services to the people of KwaZulu-Natal.
- To plan, execute, finance and monitor the implementation of development projects and programmes in the Province.
- To promote, assist and encourage the development of the Province's human resources and its social, economic, financial and physical infrastructure.
- To promote, encourage and facilitate private sector investment in the Province and the participation of private sector and community organisations in development projects and programmes, and in contributing to economic growth and development.
- To act as the Government's agent for performing any development-related tasks and responsibilities that the Government considers may be more efficiently or effectively performed by a corporate entity.