News
Why South Africa’s petrol stations are struggling – despite record high fuel prices
Reggie Sibiya, chief executive of the Fuel Retailers Association says South Africa’s fuel retailers face many challenges – both on the fuel supply side and on the retailing side – as they try and balance onerous legislative and industry standards, with declining volumes and profits.
Complex regulations are a hurdle for new entrants in fuel retailing
A myriad regulations underpinned by various legislations, contractual agreements, South African Bureau of Standards, bargaining councils and recent Protection of Personal Information Act were making the fuel retailing sector a challenging area for upcoming entrepreneurs to navigate, said industry body.
Fuel retailing in SA: What does the future look like?
The complexity of the fuel retailing sector and the myriad of issues that surround it are enough to make anyone’s head spin.
Fuel retailers face labour challenge
The sector retrenched 3 658 employees during the pandemic period – a trend that is going to continue until government intervenes or the economy fully recovers, says the FRA.
Fuel For Thought
Opening a petrol station is not for the faint heart. James Francis looks at the ins and outs of such a venture.