Global Trade Alert
Global Trade Alert

South Africa: Governments approves bailout to SABC

Announcement

04 Oct 2019

The South African Government has announced the approval of financial support to the South African Broadcasting Corporation (SABC).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Oct 2019

Revocation date:

No revocation date

Announced: 04 Oct 2019
Equity stake In force
On 4 October 2019, the Minister of Communications and Digital Technologies of South Africa announced granting a cash injection of ZAR 3.2 billion (around USD 212.8 million) to SABC, the South African ...
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