Global Trade Alert
Global Trade Alert

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Oct 2022

Revocation date:

No revocation date

Announced: 26 Oct 2022
Loan guarantee In force
On 26 October 2022, the government of South Africa announced the allocation of ZAR 205 million (USD 10.25 million) to Denel, a state-owned military and aerospace equipment manufacturer. The announceme...
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