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South Africa: Bulungula Lodge CC secures ZAR 279 million in state aid from IDC

Description

On 28 March 2023, the Industrial Development Corporation of South Africa (IDC) provided around ZAR 279 million (approximately USD 14.87 million) in state aid to Bulungula Lodge CC. The IDC disclosed t...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Mar 2023

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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Affected Sectors

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Affected Products

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