South Africa: Government makes an in-year budget allocation to Denel

Announcement

26 Oct 2022

In October 2022, the government of South Africa announced an allocation of ZAR 3.4 billion (USD 170 million) in total to Denel, a state-owned military and aerospace equipment manufacturer.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Oct 2022

Revocation date:

No revocation date

Updated: 26 Oct 2022

Capital injection and equity stakes (including bailouts) In force

Related State Acts

26 Oct 2022

South Africa: Government makes a ZAR 5.8 billion in-year budget allocation to Transnet

23 Feb 2022

South Africa: Government allocates ZAR 3 billion to Denel

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