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.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now