Sasol Petroleum Temane (SPT) has been recognized by the Mozambique Tax Authority as one of the country’s top three contributors in income taxes, standing out for its consistent compliance with fiscal obligations over the past five years.
According to an official statement, this regular distinction from the tax authorities reflects the company’s conduct regarding its tax responsibilities, both in terms of declaration obligations and the actual payment of due taxes. This fiscal performance aligns with a broader commitment to sustainable economic and social development in Mozambique.
With over two decades of presence in Mozambique, Sasol has strengthened its operations based on responsibility, transparency, and long-term vision. Tax compliance constitutes a central element of its strategy as a strategic partner of the Mozambican State. The company emphasizes that its contribution to national progress extends beyond direct investment and job creation, encompassing an active role in promoting sustainable public revenues, which are essential for financing development policies and programs.
In 2024, Sasol Petroleum Temane contributed approximately 6.2 billion meticais ($92 million) in taxes, maintaining its position among the top three contributors in the country. Between July 2022 and June 2023, the company had already paid $124.9 million, reinforcing its prominent role in national tax collection.
Over the past five years, Sasol’s cumulative contributions exceed 25 billion meticais ($391 million), covering taxes such as the Corporate Income Tax (IRPC), Personal Income Tax (IRPS), Value Added Tax (VAT), and royalties, as officially recognized by the Mozambique Tax Authority.
Source: Diário Económico
