(Reuters) - South Africa's National Treasury said on Monday the country will not impose a windfall tax on synthetic fuel producers such as Sasol and PetroSA.
"(The) government has also decided not to proceed with a tax on the windfall profits earned by existing synthetic fuel producers in the interest of a conducive environment for additional investments in domestic fuel security," the National Treasury said in a statement.
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"(The) government has also decided not to proceed with a tax on the windfall profits earned by existing synthetic fuel producers in the interest of a conducive environment for additional investments in domestic fuel security," the National Treasury said in a statement.
Read more at Reuters Africa
