News
Fuel retailers struggling to make viable returns
The planned fuel relief for motorists will leave fuel retailers out of pocket for every litre of fuel they sell by credit or debit card, the Fuel Retailers Association’s (FRA) said.
Petrol retailers in the country take strain as motorists’ pockets hard hit
Fuel retailers continue to face a very slow recovery on volumes sold and slow sales in their convenience stores due to sluggish consumer spending and people travelling less because of alternative ways of work and meetings, says the Fuel Retailers’ Association.
AA’s petrol price review is useless, be more specific — fuel retailers
The AA recently said the petition urging government to initiate a review of all the components of the fuel price and conduct an audit of all existing elements had garnered 25,000 signatures.
THE long-term effects of Covid-19 and its lockdowns had the biggest impact on the fuel retailing industry
THE long-term effects of Covid-19 and its lockdowns had the biggest impact on the fuel retailing industry this year with volumes dropping by 80 percent, forcing many fuel station operators to plead for rental relief from landlords and bank holidays with very little or no support from the government, says Fuel Retail Association (FRA) chief executive Reggie Sibiya.
Industry leaders looking back, looking ahead: Reggie Sibiya – CEO, Fuel Retailers Association
The long-term effects of Covid-19 and its lockdowns had the biggest impact on the industry in 2021.
