Global Trade Alert
Global Trade Alert

South Africa: The government injects over USD 37 million for Denel

Announcement

26 Feb 2020

On 26 February 2020, the South African government provided R576 million (USD 37.6 million) to the South African government-owned military and aerospace equipment manufacturer Denel.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Feb 2020

Revocation date:

No revocation date

Updated: 26 Feb 2020
Capital injection and equity stakes (including bailouts) In force

On 26 February 2020, the South African government-owned military and aerospace equipment manufacturer Denel was allocated R576 million (USD 37.6 million) due to the deteriorating financial state of...

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