Skip to main content

South Africa

icon two people standing next to a building (icon)



Icon banknotes with arrows pointing left and right (icon)

Total tax contribution


Taxes borne


Taxes collected


  • Third-party revenues


  • Related-party revenues


  • Total revenues


  • Profit before tax


  • Corporate income tax paid


  • Corporate income tax accrued


  • Stated capital


  • Accumulated earnings


  • Tangible assets


  • Other payments to governments

Shell's footprint

Shell has been present in South Africa since 1902. Shell Downstream South Africa (Pty) Ltd (SDSA) supplies petroleum products to a wide network of retail mobility sites and to customers in commercial fuels, lubricants, aviation fuels and marine fuels. SDSA jointly owns the Shell & BP South African Petroleum Refineries (Pty) Limited refinery, which is currently non-operational following extensive flood damage in April 2022. As a result, SDSA is importing most of its petroleum products while the refinery is non-operational. Shell in South Africa also has investments in upstream ventures, which are still in the pre-exploration phase.

Country financial analysis

The statutory corporate income tax rate in South Africa is 28%. Shell in South Africa reported a loss in 2022, largely as a result of high commodity prices, the impact on income from the damaged refinery and a challenging local operating environment of low economic growth, currency volatility and higher import costs of finished products. Because corporate income taxes are paid in advance, based on estimated taxable income for the reporting year, SDSA is expecting a refund of the tax paid for 2022 at the end of 2023. This is because of a material difference between the estimated and actual taxable income for 2022 due to the impact on profit from the damaged refinery.

Read more in Total tax contribution.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
View complete glossary
Tax paid
This includes corporate income tax paid in 2022. In some cases, it may include payments made in relation to previous years or future years, as tax payments are often made in arrears or in advance. It also includes accrued withholding taxes on dividend, interest and royalty payments to Shell entities. It does not include withholding taxes collected by Shell on dividends paid to shareholders.
View complete glossary