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South Africa: Government provides funding for the South African Airways

Description

On 30 October 2019, the Ministry of Finance of South Africa in the Medium-Term Budget Policy Statement announced that the government has allocated an additional R5.5 billion (USD 367 million) to the S...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Oct 2019

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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