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Global Trade Alert

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South Africa: Scaw South Africa (Pty) Ltd secures ZAR 500 million in state aid from IDC

Description

On 24 June 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 500 million (approximately USD 26.35 million) in state aid to Scaw South Africa (Pty) Ltd. The IDC disclosed ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jun 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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Affected Sectors

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Affected Products

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