On 20 February 2019, the South African Minister of Finance presented the Budget for 2019 in parliament. Some of the main aspects of the Budget are summarized as follows: Carbon tax will be introduced, as from 1 June 2019, at the rate of SAR 120 per ton of carbon dioxide equivalent, Carbon tax will be introduced, as from 5 June 2019, on fuel at a rate of 9 cents per liter with respect to petrol and 10 cents per liter with respect to diesel. Excise duties on tobacco and specific alcoholic products will be increased, as from 20 February 2019,...