The Department of Energy has published the latest fuel price adjustments for February, showing sizeable increases for all grades of petrol and diesel. The following changes will take effect from Wednesday, 3 February: Petrol 95: increase of 81 cents per litre; Petrol 93: increase of 81 cents per litre; Diesel 0.05%: increase of 58 cents per litre;

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South Africa’s petroleum industry is big business, with petrol and diesel being the major liquid fuels that are used in the country. To sell fuel to end-users, retailers such as service stations need to be registered and licenced with the appropriate institutions. It’s a cut-throat industry and the initial entry costs just to do business

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