Global Trade Alert
Global Trade Alert

South Africa: Tongaat Hulett Ltd secures ZAR 1.2 billion from the IDC

Announcement

23 Dec 2022

In December 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 1.2 billion (USD 64.2 million) in state aid to Tongaat Hulett Ltd.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2022

Revocation date:

No revocation date

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