Ups and downs of the fuel industry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ups and downs of the fuel industry

do not translate to profit for fuel retailers, they say the increases are a setback to their business with operational implications.

The chief complainants when there’s fuel price increase are usually the consumers. But fuel retailers say there are operational costs implications every time there’s an announcement of an increase.Despite all this despondency, Petro Connect encourages entrepreneurs to enter the industry saying it is sustainable. But they still warn that it is a business that is not without its set of challenges.

The Fuel Retailers Association is against government’s proposal to cap the price of 93 octane petrol.

 

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