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South Africa: DBSA to bailout South African Airways

Description

On 29 January 2020, the Development Bank os Southern Africa (DBSA) announced the injection of ZAR 3.5 billion (circa USD 239.3 million) into South African Airways (SAA). Concretely, the DBSA will be r...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jan 2020

Revocation date

No revocation date

Implementation level

NFI

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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