Skip to content

Economist criticises SA’s new tax incentive for environmental conservation

# Economist Dawie Roodt has criticised South Africa’s new tax incentive for environmental conservation, particularly rhino and lion protection. He argues the incentive, which allows taxpayers to direct funds to conservation efforts, is flimsy, and suggests a more effective approach would be to protect private property rights. He recommends allowing rhino owners to sell their animals, including their horns, to create tangible monetary value. The tax incentive aims to unlock about 1.5-million-rand annually for conservation but faces scepticism about its impact on biodiversity and financial effectiveness.