News

THE FUEL Retailers Association (FRA) has put on hold its legal action against the department of energy over the erosion of retailers’ profit margins. It held another meeting with the department on July 1 in an effort to reach an amicable resolution.

New fuel price formula will ruin independent and channel huge profit to the Big Boys

So it may come cheaper but will petrol be pumping over Christmas? A few weeks ago we reported on a shortage of 95 unleaded due to a glitch in the process that upgrades the fuel. A few sporadic problems are still being reported. To discuss we're joined by Reggie Sibiya, the CEO of the Fuel Retailer's Association.

The retailers dispute the way the oil companies have chosen to implement the new revenue formula...

The new regulatory system is meant to introduce transparency, but not all the players are happy...