Announcement
29 Jan 2020
The Development Bank of Southern Africa approved the injection of ZAR 3.5 billion to South African Airways.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Jan 2020
Revocation date:
No revocation date
Updated: 29 Jan 2020
Loan guarantee
In force
The bailout of South African Airlines (SAA) was approved in the form of post-commencement funding, which consists of a credit line with governmental guarantees and that is to be repaid in...
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Updated: 29 Jan 2020
Capital injection and equity stakes (including bailouts)
In force
On 29 January 2020, the Development Bank os Southern Africa (DBSA) announced the injection of ZAR 3.5 billion (circa USD 239.3 million) into South African Airways (SAA).
Concretely, the DBS...
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