News
Motor sector strike looms after dispute resolution engagements fail
Automotive component manufacturing, motor retail and fuel sector would be directly affected.
Fuel Retailers Association: Stop illegal fuel trading before capping prices
Price capping will create unfair competition in the fuel retail industry, resulting in thousands of job losses, the Fuel Retailers Association (FRA) said at the weekend.
Fuel wholesalers call for SA to get refineries up and running again
This follows the price of petrol breaching R25 per litre for the first time ever yesterday.
Credit card transactions remain a bone of contention for fuel retailers
When motorists swipe their Mastercard or Visa card, the fuel retailer pays back to these institutions a merchant service fee, which includes the interchange rate of 1.75 percent for every credit card transaction.
Plotting the way forward in fuel and forecourt retailing
Already recovering from the economic fall-out from Covid-19, the devastating floods in KZN and the war in Ukraine - which derailed oil prices - has caused further strain on the South African economy, and fuel and forecourt retailers.