IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Oct 2017 | Removal date: open ended
Still in force

Capital injection and equity stakes (including bailouts)

On October 25, 2017, the Ministry of Finance of South Africa in the Medium-Term Budget Policy Statement announced that South African Airways would receive a ZAR 10 billion (USD 710 million) bailout to recapitalise the local company that was facing default.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

642 Long-distance transport services of passengers
653 Air & space transport services of freight

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