SOUTH AFRICA PETROL STATION’S GAIN BLACK OWNERS UNDER BLACK EMPOWERMENT PROGRAMME
February 1st, 2008
BY BILL CORCORAN, in Johannesburg
A SIGNIFICANT amount of change is still required regarding the ethnic make-up of management within South Africa's liquid fuels industry if the country's Black Economic Empowerment (BEE) targets are to be met within the sector, according to experts.
One wing of the industry which appears to be embracing the BEE transformation process better than others however - in recent years at least - is the industry's liquid fuel retail sector.
In 2002 the country's main oil companies signed the Liquid Fuels Charter (LFC) with the ...
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