Global Trade Alert
Global Trade Alert

South Africa: IDC provides financing to Celrose (Pty) Ltd

Announcement

23 Jun 2021

In June 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 171.6 million (USD 12.1 million) loan to Celrose (Pty) Ltd.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Jun 2021

Revocation date:

No revocation date

Updated: 23 Jun 2021
State loan In force

On 23 June 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 171.6 million (USD 12.1 million) loan to Celrose (Pty) Ltd. This information was made available as the I...

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