Slowness in Petroleum Retail Sector

The Department of Energy is concerned about the slow transformation within the petroleum retail sector

The Department of Energy says it is concerned about the slow transformation within the petroleum retail sector.

The department is currently having consultative workshops to try and understand why there are few blacks owning petrol stations in the country.

Chief Director of petroleum compliance at the department Gosetseone Leketi says they have also noted serious challenges where black owners are selling their businesses back to whites or Indians- a reversal of the B-BBEE codes set for the sector.

To read the article titled, “Slow transformation in petroleum retail sector raises concerns” click here.

Source: 
SABC Online
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