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South Africa: Government allocates over ZAR 67 billion to Eskom

Description

On 23 February 2022, the South African state-owned electricity public utility company Eskom was allocated ZAR 42 billion (USD 2.5 billion) in debt guarantees to be able to finance its operations in th...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Feb 2022

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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