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Global Trade Alert

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South Africa: Goverment bailouts South African Airways

Description

On October 25, 2017, the Ministry of Finance of South Africa in the Medium-Term Budget Policy Statement announced that South African Airways would receive a ZAR 10 billion (USD 710 million) bailout to...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Oct 2017

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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