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Global Trade Alert

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South Africa: IDC provides financing to Bell Equipment Company SA (Pty) Ltd

Description

On 24 August 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 550 million (USD 36.6 million) loan to Bell Equipment Company SA (Pty) Ltd. This information was made ava...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Aug 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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