Definition
A SARS-administered tax on greenhouse-gas emissions introduced by the Carbon Tax Act of 2019. Large emitters pay per tonne of CO2-equivalent (the headline rate rises every year on a published trajectory), while transport operators meet it indirectly through the carbon fuel levy built into petrol and diesel prices — roughly 23 cents per litre on diesel. It is South Africa's main carbon-pricing instrument, and the amount of carbon price genuinely paid at home affects how much exporters' EU customers must pay under CBAM.