Fuel Industry in South Africa Tightens Supply to Prevent Market Panic

Thabiso Tema, POWER BREAKFAST host, speaks to Avhapfani Tshifularo – CEO of the Fuels Industry Association of South Africa (FIASA), about how the Fuels Industry Association of South Africa (FIASA) has moved to calm public concerns following recent reports of increased demand and fears over fuel availability. Rather than a physical shortage of petrol and diesel, FIASA says the industry is tightening how much fuel large buyers can purchase outside of contracted amounts — a step meant to prevent panic buying and artificial scarcity in the market.See omnystudio.com/listener for privacy information.