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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
May 23 2012 22:00
Economic liberation or the lack thereof is the most divisive issue in the country, according to a survey.
Johannesburg - Reports that the country is on the brink of a national shortage of petrol and diesel at service stations are
exaggerated, according to the executive director of the South African Petroleum Industry Association, (Sapia), Avhapfani Tshifularo.
"The daily reports I receive from Sapia members demonstrate that the industry is acting in the national interest and maintaining supplies to the majority of the 5 000 service stations countrywide.
"Very few service stations have completely run out of petrol and diesel fuels at any time. At worst, some service stations have temporarily run out of stocks of some grades of fuel.
"I am glad to say that the contingency plans, drawn up and activated by our members in the national interest have been effective, despite some attempts to intimidate industry staff drivers who are not members of the striking union.
"I appeal to those who are attempting to intimidate fuel road tanker drivers to allow them to carry out their duties without interference.
"All Sapia members take the safety of their staff very seriously and I am assured that no driver is being sent into unsafe situations," Tshifularo said.
- I-Net Bridge