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Global Trade Alert

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South Africa: Bailout to Eskom

Description

On February 5, 2017, the Public Investment Corporation (PIC) of South Africa provided Eskom, the national electricity public utility company, with a ZAR 5 billion (USD 415 million) loan to prevent the...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Feb 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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