Global Trade Alert
Global Trade Alert

South Africa: The government allocates R3 billion to recapitalize the Land Bank

Announcement

24 Jun 2020

On 24 June 2020, the Ministry of Finance announced allocating R3 billion to recapitalize the Land and Agricultural Development Bank of South Africa (Land Bank).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jun 2020

Revocation date:

No revocation date

Announced: 24 Jun 2020
Equity stake In force
On 24 June 2020, the Ministry of Finance announced allocating R3 billion (approx. USD 172 million) to recapitalize the Land and Agricultural Development Bank of South Africa (Land Bank). Finance Minis...
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