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Global Trade Alert

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South Africa: Government bailout of Eskom

Description

On 23 July 2019, the Minister of Finance of South Africa has presented the Special Appropriation Bill to provide additional economic support to the national electricity public utility company, Eskom. ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Jul 2019

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

state-controlled

Affected Trading Partners

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Affected Sectors

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Affected Products

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