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Santam makes concession for CO2 tax

Dec 13 2010 17:33 I-Net Bridge

Company Data

Santam Limited [JSE:SNT]

Last traded 199.00
Change -0.88
% Change 0.00
Cumulative volume 5297
Market cap 23.75bn

Last Updated: 01/08/2014 at 03:22. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Listed short-term insurer Santam [JSE:SNT] said on Monday that it will make special concessions for insured vehicles bought before September 1 2010.

The concession would be to cover the full replacement value of the vehicle plus the value of carbon taxes.

A spokesperson said that before September, the cost of cars did not include carbon taxes. All passenger vehicles bought after September 1 already included the carbon taxes in the price and therefore did not need the concession.

 

santam  |  carbon taxes
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