Finance

Explainers


Explainer Bulldozer pushing Indonesian coal at coal mine

A carbon tax is a fee paid to the government by carbon dioxide (or carbon dioxide equivalent) emitters for every tonne of carbon emitted.

Explainer Yellow digger mining coal in large open cast coal mine

South Africa is a coal-dependent country. Coal makes up 74 per cent of the country’s total electricity supply. In the first quarter of 2021, 81.8 per cent of South Africa’s electricity came from coal.

Explainer A Sasol petrol station

In August 2021, the South African government announced a steep rise in the price of petrol – an increase of 91 cents per litre. This will place pressure on consumers, said a representative from the country’s Automobile Association.

News & Analysis


News & Analysis

Banking group FirstRand, which houses FNB and RMB, has joined Nedbank in withdrawing its support for coal-fired power projects.

News & Analysis

In the lead up to COP26, regulators are likely to raise the pressure on pension funds to join the fight against climate change, Amundi Asset Management says in a new report.

News & Analysis

Investors can no longer afford to ignore the threat of climate change. The window to position their portfolios accordingly “may be shrinking”, says BlackRock, the largest money manager in the world.