Global Trade Alert
Global Trade Alert

South Africa: Setsong Tea Crafters (Pty) Ltd secures ZAR 3.75 billion in state aid from IDC

Announcement

03 Mar 2023

In March 2023, the Industrial Development Corporation of South Africa (IDC) provided ZAR 3.75 billion (approximately USD 200 million) in state aid to Setsong Tea Crafters (Pty) Ltd. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Mar 2023

Revocation date:

No revocation date

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