{"id":58344,"date":"2025-07-16T12:06:49","date_gmt":"2025-07-16T12:06:49","guid":{"rendered":"https:\/\/www.greenpeace.org\/africa\/?p=58344"},"modified":"2025-07-16T12:09:20","modified_gmt":"2025-07-16T12:09:20","slug":"greenpeace-ramaphosa-g20-must-end-financial-apartheid-with-tax-on-super-rich","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/africa\/en\/press\/58344\/greenpeace-ramaphosa-g20-must-end-financial-apartheid-with-tax-on-super-rich\/","title":{"rendered":"Greenpeace: Ramaphosa, G20 must end financial apartheid with tax on super-rich"},"content":{"rendered":"\n

Durban, South Africa, 16 July 2025 – Greenpeace Africa has demanded G20 host and South African President Ramaphosa push ahead on accelerating efforts to impose a wealth tax on the world\u2019s billionaires and to support the UN Tax Convention for new and fair global tax rules.\u00a0<\/p>\n\n

\""End
Greenpeace Africa activists hung a giant banner with a photo of South African president Cyril Ramaphosa reading ‘End Financial Apartheid #TaxTheSuperRich’, ahead of the G20’s 3rd Finance Ministers and Central Bank Governors\u2019 meeting in Durban. Greenpeace is demanding the G20 host push ahead on accelerating efforts to impose a wealth tax on the world\u2019s billionaires and to support the UN Tax Convention for new and fair global tax rules.
\u00a9 Chanho Kondolo \/ Greenpeace<\/div><\/figcaption><\/figure>\n\n

Ahead of the G20\u2019s 3rd Finance Ministers and Central Bank Governors\u2019 meeting, Greenpeace Africa activists dropped a 15 metre long x 2 metre high banner from a highway bridge near King Shaka International Airport with a photo of Cyril Ramaphosa and a message that said: \u2018End Financial Apartheid. Tax The Super Rich\u2019.\u00a0<\/strong><\/p>\n\n

Cynthia Moyo, Lead Campaigner, Greenpeace Africa<\/strong>, said: \u201cIt\u2019s outrageous that billionaires keep getting richer off a broken global tax system while millions across Africa and the world are pushed deeper into poverty and climate chaos. This is financial apartheid. South Africa understands the cost of injustice. Just as Mandela led the fight against political apartheid, President Ramaphosa now has a chance to lead the G20 in dismantling financial apartheid by taxing the super-rich and backing the UN Tax Convention. This is a fight for justice, dignity, and a future where wealth serves people, not the powerful few.\u201d<\/p>\n\n

The action comes after an announcement at the UN Financing for Development conference that Spain, Brazil and South Africa are launching an initiative to tax the super-rich and the recent BRICS statement in support of the UN Tax Convention.[1] [2] [3]<\/p>\n\n

Fred Njehu, Global Political Lead of the Fair Share campaign, Greenpeace Africa<\/strong>, said<\/strong>: \u201cWe are on the cusp of momentous change. There is growing public and political momentum for taxing the super-rich and new global tax rules that work for all to achieve social and climate justice.

\u201cThis is a historic opportunity for President Ramaphosa, who must seize this chance to lead the G20 in an economic direction that will serve not only the people of South Africa and the continent, but the majority world, by redistributing funds to tackle the social, environmental and climate polycrisis.<\/p>\n\n


\u201cWe ask G20 countries to support and engage constructively in the UN Tax Convention process as a global multilateral platform that will shape and determine the future of taxation, one rooted in transparency, accountability, equity and justice.\u201d<\/p>\n\n

Globally, billionaire wealth grew three times faster in 2024 than in 2023.[4] In Africa, the four richest people have more wealth than half of the region\u2019s 750 million people combined. Since 2020, the average income of the richest 1% in Africa has increased five times faster than that of the bottom 50%.[5]<\/p>\n\n

ENDS<\/strong><\/p>\n\n

Photos and Videos<\/strong> can be downloaded via Greenpeace Media Library<\/a><\/p>\n\n

NOTES<\/strong><\/p>\n\n

[1] At the recently concluded 4th International Conference on Financing for Development in Seville, South Africa had joined the ranks of Spain and Brazil in forming a coalition of willing countries to work on taxing the super-rich and to support fair taxation at the upcoming UN Tax Convention negotiations. Greenpeace\u2019s press release <\/a><\/p>\n\n

[2] BRICS leaders\u2019 endorsement of the UN framework for international tax cooperation<\/a>. <\/p>\n\n

[3] New global tax rules in an UN Framework Convention on International Tax Cooperation<\/a> are being negotiated, from now until 2027. It is a historic opportunity to redistribute power and wealth, and foster tax transparency and accountability. It aims to take control of global tax rules from the rich OECD (Organisation for Economic Cooperation and Development) countries to place it in the hands of the 193 member states of the United Nations. <\/p>\n\n

[4] Oxfam report: Takers not Makers: The unjust poverty and unearned wealth of colonialism<\/a><\/p>\n\n

[5] Oxfam report: Africa\u2019s Inequality Crisis and the Rise of the Super-Rich<\/a><\/p>\n\n

CONTACTS<\/strong>

Ferdinand Omondi, Communications and Storytelling Manager, Greenpeace Africa, +254 722 505 233 , fomondi<\/a>@admin

Ibrahima Ka Ndoye, International Communications Coordinator, Greenpeace Africa, +221778437172, indoye<\/a>@admin

Greenpeace International Press Desk, +31 (0)20 718 2470 (available 24 hours), pressdesk.int@greenpeace.org<\/a><\/p>\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Greenpeace Africa has demanded G20 host and South African President Ramaphosa push ahead on accelerating efforts to impose a wealth tax on the world\u2019s billionaires and to support the UN Tax Convention for new and fair global tax rules.\u00a0\u00a0<\/p>\n","protected":false},"author":83,"featured_media":58346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"not set","p4_local_project":"","p4_basket_name":"not set","p4_department":"","footnotes":""},"categories":[34],"tags":[39,65,46],"p4-page-type":[14],"class_list":["post-58344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inspirethemovement","tag-socialjustice","tag-southafrica","tag-greenpeaceafrica","p4-page-type-press"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/posts\/58344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/comments?post=58344"}],"version-history":[{"count":4,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/posts\/58344\/revisions"}],"predecessor-version":[{"id":58351,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/posts\/58344\/revisions\/58351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/media\/58346"}],"wp:attachment":[{"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/media?parent=58344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/categories?post=58344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/tags?post=58344"},{"taxonomy":"p4-page-type","embeddable":true,"href":"https:\/\/www.greenpeace.org\/africa\/en\/wp-json\/wp\/v2\/p4-page-type?post=58344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}