Unregulated petrol market would be death of transformation, says association

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Fuel Retailers Association points out that the proposals would threaten the viability of new black businesses

A deregulated petrol market would have a devastating effect on transformation and the viability of emergent retailers, the Fuel Retailers Association says.

Finance minister Enoch Godongwana and mineral resources & energy minister Gwede Mantashe announced a number of proposed measures, which could take effect from June 1. They include the introduction of a price cap on 93 octane petrol, which would allow retailers to sell at a price below the regulated price. This would introduce competition into the petrol market...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is that an admission that transformation is not good business....? Who would have thought....?

Everyone keep talking about your diligence and honesty and I must say that you are very transparent in your mood of operation and promises, thank you MarkdonaldTowns for transforming my life for the best financially.

Singapore Singapore Latest News, Singapore Singapore Headlines