Sephaku will pass on carbon tax to customers as profits stall
26 June 2019 - 08:09
JSE-listed Sephaku Holdings (SepHold), which owns mixed concrete maker Métier and has a large stake in Dangote Cement’s business in SA, says it will pass on the cost of SA’s new carbon tax to customers in the form of higher prices.
The government started applying the carbon tax, based on emissions, on June 1 2019. Cement makers produce carbon emissions when they use coal to burn limestone and other raw materials. ..
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