Global Trade Alert
Global Trade Alert

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South Africa: Trade Ministry provides tax breaks for Clover S.A. worth USD 13 million

Description

On 17 November 2015, the South African Minister of Trade signed a new agreement that allowed for Clover SA R1,088,846,760 in tax breaks to be spent on investments and personnel training related to the...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Nov 2015

Revocation date

No revocation date

Implementation level

National

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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