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Global Trade Alert

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South Africa: Celrose (Pty) Ltd secures over ZAR 283 million from IDC

Description

On 22 August 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 283 million (approximately USD 14.91 million) in state aid to Celrose (Pty) Ltd. The IDC disclosed the info...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Aug 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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