A new global survey reveals that most people support taxing oil, gas, and coal companies to fund climate-related loss and damage. The study also shows widespread concern that governments aren't doing enough to curb the influence of the ultra-wealthy and polluting industries in politics. Commissioned by Greenpeace International and Oxfam, the survey was released during the United Nations climate talks in Bonn last week.  Thami Ngubeni spoke to Ashfaq Khalfan, Director of Climate Justice in Oxfam America.

A new global survey reveals that most people support taxing oil, gas, and coal companies to fund climate-related loss and damage. The study also shows widespread concern that governments aren't doing enough to curb the influence of the ultra-wealthy and polluting industries in politics. Commissioned by Greenpeace International and Oxfam, the survey was released during the United Nations climate talks in Bonn last week. &nbsp;Thami Ngubeni spoke to Ashfaq Khalfan, Director of Climate Justice in Oxfam America.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Global Survey shows support for fossil fuel tax to fund climate damage

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.


Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,  particularly for land‑locked countries that depend heavily on reliable regional corridors.


Our reporter, Lebogang Mabange, has more.

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.
 Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,&nbsp; particularly for land‑locked countries that depend heavily on reliable regional corridors.
 Our reporter, Lebogang Mabange, has more.

 Strong leadership and effective governance critical to building transport systems that support inclusive growth across Southern Africa

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.


Daniel Ominde reports from Nairobi.

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.
 Daniel Ominde reports from Nairobi.

Equity Group Holdings posts record profits for the year ending December 2025

As mining and gas exploration expand across Africa, questions are intensifying over who truly benefits from these projects. Delegates at the Southern Africa Oil and Gas Conference in Cape Town say meaningful community involvement, particularly the inclusion of women and young people, is essential to ensuring sustainable development and minimising conflict in mining regions.


They warn that excluding local voices can lead to community resistance, project delays and long‑term instability. Stakeholders stress that equitable benefit‑sharing, transparent engagement and social investment must be prioritised if resource development is to support lasting economic growth.


Channel Africa’s Economics Reporter, Innocent Semosa, has more.

As mining and gas exploration expand across Africa, questions are intensifying over who truly benefits from these projects. Delegates at the Southern Africa Oil and Gas Conference in Cape Town say meaningful community involvement, particularly the inclusion of women and young people, is essential to ensuring sustainable development and minimising conflict in mining regions.
 They warn that excluding local voices can lead to community resistance, project delays and long‑term instability. Stakeholders stress that equitable benefit‑sharing, transparent engagement and social investment must be prioritised if resource development is to support lasting economic growth.
 Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.

Global Survey shows support for fossil fuel tax to fund climate damage

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