Global Trade Alert
Global Trade Alert

South Africa: The IDC announced a ZAR 500 million Flood Relief Fund

Announcement

28 Apr 2022

In April 2022, the Industrial Development Corporation (IDC) of South Africa announced the establishment of the ZAR 500 million (USD 30 million) Flood Relief Fund to help flood-affected businesses recover. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Apr 2022

Revocation date:

No revocation date

Updated: 28 Apr 2022
State loan In force
On 28 April 2022, the Industrial Development Corporation (IDC) announced the allocation of ZAR 400 million (USD 24 million) to provide loans under the Flood Relief Fund The fund counts with a budget o...
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