Up for challenge

2017-01-11 06:01
Nina Yose, newly appointed Industrial Development Corporation (IDC) Free State regional ma­nager.

Nina Yose, newly appointed Industrial Development Corporation (IDC) Free State regional ma­nager.

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The Industrial Development Corporation’s (IDC) newly appointed Free State regional manager, Nina Yose, has set her sights on taking the region to greater heights.

She was appointed to this new position recently.

The qualified chartered accountant joined the corporation in 2008 and has held various positions within the IDC, working at its headquarters in Gauteng.

Born in the Free State’s Goldfields capital of Welkom, Yose (37) is the youngest and only female regional manager.

She hopes to make the IDC the financier of choice for businesses in the province, especially supporting women and youth-owned businesses, as well as black industrialists. Yose is well aware of the challenges facing her given the region’s stunted economic growth.

According to IHS Global Insight Regional eXplorer, even though the Free State’s economy was projected to grow, on average, by 3,1% for the period 2013 until 2017, it was also expected to be the slowest growing pro-vince.

This has been mostly due to the slow decline of the biggest contributors to the province’s economy, mining and agriculture/agro-processing.

However, none of these challenges appear to have put a damper on the clear plan Yose has for the Free State.

She reckons that the vast know­ledge and experience, gained over the last eight years at the IDC’s headquarters in Gauteng, not only prepared her for her new challenging role, but will come in handy in achieving her ambitious goals.

Yose has a financial background and a very strong technical footing in the mining and metals sector, one of the Free State’s key sectors.

Amongst her main objectives are to ensure the Free State grows its manufacturing base, as well as increasing the number of black-owned entities in the agro-processing sector.

“I would also like to see the IDC making a difference in the province’s high youth unemployment through the funding of youth-led businesses.

This is all in line with the corporation’s mandate to support the economy and facilitate job creation, despite the tough economic environment,” said Yose.

Yose has already identified agro-processing and textile sectors as priorities. She also focuses on food security and female workplace participation and will contribute to economic growth.

“Achieving these goals and tackling the region’s many challenges will require that I identify opportunities and facilitate the meeting of minds between various stakeholders, including government departments, state-owned enterprises and/or the private sector.

“Achieving this, we should start with firstly assisting entrepreneurs in the Free State to put together bankable business plans and set up sustainable businesses. I believe I am ready and up for the task at hand,” said Yose.

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