IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Sep 2012 | Removal date: open ended
Still in force

Loan guarantee

On October 3, 2012, the National Treasury of South Africa issued a statement that the government has granted South African Airways (SAA) a 5 billion Rand (US$ 600 million) guarantee for a period of two years starting from 1 September 2012. The guarantee is intended to relieve the acute financial difficulties in which SAA found itself and to ensure that the airline continues to operate as a going concern.
 
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.