Global Trade Alert
Global Trade Alert

South Africa: Relief Funding from IDC for distressed businesses

Announcement

24 Mar 2020

On 24 March 2020, Industrial Development Corporation of South Africa (IDC), together with the Department of Trade, Industry, and Competition announced the COVID-19 Essential Supplies Intervention package to provide funding to businesses for the acquisition and/or the production of essential supplies that will be used against the Coronavirus pandemic.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Mar 2020

Revocation date:

No revocation date

Announced: 24 Mar 2020
State loan In force
On 24 March 2020, Industrial Development Corporation of South Africa (IDC), together with the Department of Trade, Industry, and Competition announced a relief package for distressed businesses in res...
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