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South Africa: USD 1.9 billion bailout of Eskom

Description

On 1 July 2015, the South African government sold its stake in Vodacom Group Ltd. for 25 billion rand (USD 1.9 billion), according to Bloomberg. The buyer was the state-owned pension manager Public In...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2015

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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