Global Trade Alert
Global Trade Alert

South Africa: Bailout to Eskom

Announcement

05 Feb 2018

The Public Investment Corporation of South Africa provided the national electricity utility company, Eskom with a loan to fund the company’s operations during the month of February 2018 as its debt would have led to default. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Feb 2018

Revocation date:

No revocation date

Updated: 05 Feb 2018
State loan In force

On February 5, 2017, the Public Investment Corporation (PIC) of South Africa provided Eskom, the national electricity public utility company, with a ZAR 5 billion (USD 415 million) l...

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