21
Feb
Niël Terblanché In a critical move aimed at stabilizing the fuel retail sector, Mines and Energy Minister Tom Alweendo recently reaffirmed the government’s stance to uphold the moratorium on issuing new fuel wholesale and retail licenses. During a presentation in the National Assembly, Alweendo reiterated the government’s intention to protect the interests of existing fuel retailers amid concerns over market saturation. The moratorium, which was initially announced in the middle of last year, seeks to address the grievances of current fuel business operators. These operators have voiced their challenges following the ministry’s issuance of a significant number of retail licenses,…