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Global Trade Alert

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South Africa: Government allocates R7 billion for the recapitalization of Land Bank

Description

On 24 February 2021, the South African government announced providing economic support to the Land and Agricultural Development Bank of South Africa (Land Bank) for the recapitalization of the Bank. S...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Feb 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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