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
Announced: 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) loan to prevent the...
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Related State Acts
Announced: 23 Feb 2022
South Africa: Government allocates over ZAR 67 billion to Eskom
Announced: 24 Feb 2021
South Africa: Government allocates R31.7 billion for the national electricity public utility company, Eskom
Announced: 23 Jul 2019
South Africa: Government bailout of Eskom
Announced: 01 Apr 2019
South Africa: Eskom receives USD 180 million loan from NDB
Announced: 20 Feb 2019
South Africa: New bailout for Eskom
Announced: 25 Oct 2017
South Africa: Goverment bailouts South African Airways
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