Global Trade Alert
Global Trade Alert

South Africa: Government injects over USD 118.5 million to Denel

Announcement

30 Aug 2019

The State-Owned Entity, Denel, has announced that the South African Government has injected ZAR 1.8 billion to recapitalized the company.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Aug 2019

Revocation date:

No revocation date

Updated: 30 Aug 2019
Capital injection and equity stakes (including bailouts) In force

On 30 August 2019, the South African government-owned defence company Denel has announced that the South African Government has approved a capital injection of ZAR 1.8 billion (over USD 118.5 milli...

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