Experts at the fuel retailers’ association’s conference which took place at Nasrec, in the South of Johannesburg, have agreed that small-to-medium-sized enterprises still experience difficulties penetrating the fuel industry.
The price of petrol will increase by eleven cents to 16-rand per litre and diesel will go up by 26 cents to 15-rand per litre on Wednesday.
27-year-old Sibusiso Shabangu is turning plastic into fuel to mitigate the soaring fuel price.
Zimbabweans are angry as a year-on-year price jump of around 100% has eaten the value of their wages and savings, recalling the horrors of hyperinflation in 2008.
A strong push for transformation by the South African Airways (SAA) Board to involve smaller players in the jet fuel procurement space was a bad idea, according to the Head of Fuel management at SAA Mark Vaughan.