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South Africa: New bailout for Eskom

Description

On 20 February 2019, the Minister of Finance of South Africa has announced that the local electricity public utility company, Eskom, will receive an annual capital injection of ZAR 23 billion (over US...

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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 Mar 2019

Revocation date

28 Feb 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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