News
South Africa’s hidden retail giant
As fuel retail sales decline globally and in South Africa, forecourts are shifting focus to non-fuel retail, with convenience stores, food services, and multifunctional spaces driving growth and redefining the industry.
Delay around latest fuel price announcement cost retailers
Fuel Retailers Association says the delay and confusion around the latest fuel price announcement has cost retailers. This after the Department of Mineral and Petroleum released the statement late in the evening on Tuesday with the implementation of the new price adjustment deferred to Thursday.
Fuel Retailers Association points to regulatory failures for Shell SA’s exit
South Africa - Cape Town - 07 - May - 2024 - Shell intends to exit shareholdings in its South African retail, transport and refining operations. The energy company made the decision after reviewing its downstream and renewables business across all regions and markets
Shell’s winding down of SA operations part of global transition strategy
Shell has decided to reshape the downstream portfolio and intends to divest shareholding in Shell Downstream South Africa (SDSA).
Bolt works to ease rising cost of fuel challenge for e-hailing drivers
SOUTH Africa’s tough macroeconomic conditions are proving to be a challenge for the multinational mobility company, Bolt, as these affect the cost of living for both the drivers and passengers.