Global Trade Alert
Global Trade Alert

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South Africa: IDC provides financing to Transnet SOC Ltd

Description

On 23 February 2022, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 1 billion (USD 66.2 million) loan to Transnet SOC Ltd. This information was made available as the IDC d...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Feb 2022

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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