Govt's massive fossil fuel subsidies are hurting SA, report finds

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
0:00
play article
Subscribers can listen to this article
The IISD released a report highlighting the current state of South Africa's energy subsidies and their role in the energy sector.
The IISD released a report highlighting the current state of South Africa's energy subsidies and their role in the energy sector.
Waldo Swiegers/Bloomberg

South Africa's energy subsidies, mainly dominated by fossil fuels, more than tripled to R172 billion between 2017/18 and 2020/21. This has come at a huge societal cost, according to research by the International Institute for Sustainable Development (IISD).

The independent think tank on Monday released a report, South Africa's Energy Fiscal Policies: An inventory of subsidies, taxes, and policies impacting the energy transition, which highlights the current state of South Africa's energy subsidies and their role in the energy sector.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
15.80
+1.1%
Rand - Pound
19.39
+1.0%
Rand - Euro
16.67
+0.8%
Rand - Aus dollar
10.97
+0.4%
Rand - Yen
0.12
+1.3%
Gold
1,826.32
+0.2%
Silver
21.14
+0.9%
Palladium
1,880.00
+2.0%
Platinum
911.50
+0.2%
Brent Crude
110.05
-1.5%
Top 40
59,993
+1.6%
All Share
66,349
+1.6%
Resource 10
64,422
-0.2%
Industrial 25
76,590
+2.6%
Financial 15
15,623
+1.9%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot