Tag: Carbon Border Adjustment Mechanism (CBAM)

South Africa’s revamped carbon tax policy, coming into effect in 2026, signals a decisive shift in the country’s climate and energy landscape. With stricter emissions thresholds and an expanded scope for carbon offsets, the carbon tax overhaul is set to drive major investment in renewable energy. It will also reshape how businesses source electricity. This policy evolution opens new doors, even though some hurdles remain.

The European Union (EU) is often overlooked in global power analyses that favour hard power, which finds expression in areas such as military strength, intelligence capabilities, or ideological exports.

Following a challenging 2023, South Africa’s manufacturing sector must prioritise digital transformation, cost reduction and reskilling to drive growth. South Africa boasts a well-developed manufacturing sector. In 2023, the sector in its entirety provided more than 1.6 million jobs and accounted for 13.0% of South Africa’s gross domestic product (GDP).

Ron Stuart | Partner | ESG Lead | KPMG South Africa | mail me | The last two years have seen many countries taking steps...