SA faces risk of fuel shedding, warns liquified fuels body.

Loading player...
Peter Morgan, CEO of the LWFA, said in an interview with Business Report last week that it was time that the country addressed this matter once and for all.
“Sixteen years later we still don’t have agreement between the regulator and the oil majors on how much strategic stock we need to keep and how the cost of this strategic stock (will) be covered,” Morgan said.
This was all about ensuring the availability of liquid fuels at all times, in sufficient quantities and at reasonable or affordable prices.
24 Oct 2022 11AM English South Africa Business News · Investing

Other recent episodes

Inside Your Business: Liquidations hit SME sectors the hardest

South Africa’s business landscape remains under strain. New data from Stats SA shows that 135 companies were liquidated in February—a slight improvement from last year, but still a sign of persistent financial pressure across the economy. Aroni Chaudhuri, Chief Economist at Coface Africa, helps explain what these numbers mean for…
1 Apr 4PM 9 min

SARS delivers record-breaking revenue collection

The Commissioner for the South African Revenue Service (SARS), Edward Kieswetter, today tabled the strongest annual revenue collection numbers in democratic history. He joins us to reflect on the numbers and his tenure at SARS as he steps down from the role.
1 Apr 4PM 15 min

SA's New vehicle sales sure in March

South Africa's new vehicle market extended gains in March 2026, growing by 17.3 percent from a year ago. Dr. Paulina Mamogobo, Naamsa Chief Economist, joins us to unpack fresh numbers out today.
1 Apr 4PM 14 min