If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
South Africa’s troubled state-owned power utility has yet another thing to worry about - a big carbon tax bill expected to kick in from 2023.
Companies in South Africa will now pay a small amount each time they emit a ton of greenhouse gases. Putting a price on carbon is a key way of responding to the climate emergency.
Corporates must prepare to feel the pinch from various quarters as governments face mounting pressure to collect tax revenue, says an expert at Schroders.
The Finance Minister recently tabled the Carbon Tax Bill in Parliament. Louise Naudé of WWF unpacks the state of play.
It is too easy to dismiss the concerns raised by business on the carbon tax with the usual rhetoric that business does not want to address climate change, says Jarredine Morris.
The energy sector is expecting major changes as government signs new independent power producer contracts and sets a date for carbon tax to be implemented.
A second draft of the Carbon Tax Bill has pushed out the actual imposition of the new tax and significantly reduced the tax burden in real terms.
Bloomberg's Robin Hood Index has calculated what slice of each top billionaire’s fortune would be needed to buy all the carbon credits required to offset all domestic greenhouse gas emissions in their home country over a year.
A carbon tax will be damaging to South Africa’s existing industrial economy, which in turn will have severe consequences for economic growth, says a senior economist.
Government's proposed carbon offset system is in line with efforts to help South Africa become a low carbon, greener economy, according to National Treasury.
The negative impacts of climate change increase as the temperature increase – and the poor suffer the most, say Harald Winkler and Andrew Marquard.
South Africa’s carbon tax bill came into effect on 1 June. And while a commitment to reducing our carbon footprint is commendable, this law might not have the desired effect. finweek contributor Mariam Isa reports.
There has been negative reaction to Finance Minister Tito Mboweni's announcement that the Carbon Tax Bill will come into effect on June 1.
Finance Minister Tito Mboweni introduced the Carbon Tax bill to Parliament for consideration this week. Here's what you need to know.
Many objections and reservations have been raised regarding the tax - and it's no wonder in many countries renewables and the carbon tax are known as a tax on the poor, writes Rob Jeffery.
Concerns raised in the public comments on the draft carbon tax bill include the adverse effect it will have on the SA economy.
Move over, taxes on carbon and sugar: the global levy that may be next is meat.
All businesses, even smaller ones, should start positioning themselves for future carbon-related legislation, says sustainability consultancy ERM South Africa.
Treasury research claims massive effect and little economic damage, but is it so?
Overtaxed consumers cannot afford the proposed carbon tax which may not even achieve its aim of reducing gas emissions, says civil rights body Outa.
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