Bizcommunity.com
Retail
Mon 31 May 2010
ALL INDUSTRIES  | COMPANIES  | JOBS  | EVENTS  | SUBMIT NEWS  | ADVERTISE  | FOLLOW  | MY ACCOUNT  | SUBSCRIBE  |  UNSUBSCRIBE

Petrol price predicament

Just when I think government has every glorious reason under the sun to up the petrol price - the recent Transnet strike, the monster influx of tourists we intend to make a mint from, the extended school holidays - the bunch down at the minerals and energy department decide to drop fuel costs instead. This is obviously great news for all of us, so please excuse me for looking this particular gift horse in the chompers. Sure, the upcoming cup is a perfect opportunity to plaster on that hospitable smile and make things cheaper for our guests. Does that mean we'll be looking at a further drop next month, or will the 'powers that be' play it safe and keep the price where it is for another month? But what happens when the game is over and all the foreigners fly home? With an estimated 6 to 7 billion rand loss to the economy during the strike, and the fuel industry being one of the major affected players, it would be perfectly understandable to attempt to recoup these losses by any means. Fuel inflation, food inflation... the question is not so much 'how' but 'when'? We'll just have to wait and see.

Shan Radcliffe, Retail editor
Please send retail news to: retailnews@bizcommunity.com
Responses to this column welcomed in our new online editor's column archive.
Image courtesy of FreeDigitalPhotos.net and M_Bartosch

Featured Press Office of the dayMore   |   Join
Bata
Since 1894, The Bata Group remains one of the world's leading manufacturers and retailers of quality footwear. Bata South Africa represents one of 70 countries worldwide with a Bata presence.
Contact  |  News  |  VISIT PRESS OFFICE  |  Linkedin  |  Facebook
Quotes
Peter Drucker
"Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe."

More quotes  Submit a Quote
Jobs offered
New regional agri manager for Rainbow
Read
Soccer fever infects Mars Africa

View gallery
FOLLOW US
List company
List CV
List new business
List portfolio showcase
List profile
Submit event
Submit gallery
Submit job ad
Submit new appointment
Submit news
Submit noticeboard
Submit op-ed contribution
Home
My job ads
My events
My company
My CV
Advertising: We welcome your sales enquiries! Email sales and read more about our advertising rates

3rd Floor, 62 Roeland St, Gardens, Cape Town, 8001, South Africa. Tel +27 (0)21 404 1460
© 2026 bizcommunity.com. All rights reserved.