The Fuel Retailers Association is calling on the government to refrain from deregulating the fuel market. The organisation has warned that this will destroy the transformation of the sector and prevent the emergence of new retailers.
Last week, the Mineral Resources and Energy Department proposed measures to replace the temporary fuel levy reduction, from June. One of the suggestions from stakeholders is to deregulate the industry, allowing players to determine their own prices. This will increase competition and lower the price of petrol.
Source: eNCA
In other news – Estelle Harris, Seinfeld and Toy Story actress has died
American actress Estelle Harris has died at the age of 93. US Weekly reports that the actress, who entertained fans with her grating voice in Seinfield, passed away of natural causes in Palm Desert, California.
News of Harris’ passing was confirmed in a statement by her son Glen Harris. Learn more
