Petroleum Industry in South Africa 2018: State of the Industry, Influencing Factors & Competition

The focus of this detailed report is the manufacture of petroleum products from crude oil and natural gas, as well as the wholesale and retail trade of the products in South Africa. According to the South African Petroleum Industry Association (SAPIA), the fuel sector contributes about 6% to the country’s GDP while supplying some 18% of South Africa’s primary energy needs through annual sales of 27 billion litres of liquid fuels. In 2016 the nine members of the South African Petroleum Industry Association (SAPIA), who are the main manufacturers of petroleum products, had total assets of R125.1bn and made an operating profit of R19bn.

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2018-10-14T12:58:47+02:00October 14th, 2018|Performance of the business|

Total South Africa seeks to grow lubricants, retail fuel businesses

Total South Africa is looking to grow both its lubricants and retail fuel business as well as restart the offshore oil exploration that it put on hold in 2014, CEO Pierre-Yves Sachetsaid after a visit to its bulk fuel and lubricant plants in Durban.

He said that a R70-million investment in its lubricant plant at Island View within the Durban port precinct over the past year was intended to improve both quality and efficiencies ahead of expected growth in this key aspect of its businesslocally.

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2018-10-14T12:56:37+02:00October 14th, 2018|Performance of the business|

Engen matches brand strength with market leadership in 4th straight Generation Next win

Engen Petroleum, South Africa’s fuel market leader, has once again won “Coolest Petroleum Brand” in the sought-after Sunday Times Generation Next awards.

It is the company’s fourth straight win in the survey, adding to a growing list of accolades that have given it uncontested brand leadership to match its long-time market strength.

In 2013 Engen took a hat trick in the Sunday Times Top Brands award (retail service station forecourts), having won top honours for the third consecutive year.

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2018-10-14T12:55:11+02:00October 14th, 2018|Marketing|

GARAGE FORECOURT STORES MEET SA CONSUMERS’ NEED FOR SPEED

The increasingly time-starved nature of consumers’ lives is driving the evolution of South Africa’s R35-Billion convenience retail sector, which currently commands 10% of total market retail spend.

These findings stem from Nielsen’s broader 2016 – 2017 South Africa Shopper Trends report, which found that the popularity of this store format is due to ease of use and convenience, which makes it the channel of choice for weekly on-the-go consumption purchases, late night shops and everyday emergency purchases.

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2018-10-14T12:53:55+02:00October 14th, 2018|Performance of the business|

The Top 10 Innovation Challenges for 2020

The global innovation community, at least that chunk represented by professional innovation managers, begins its annual get together today in Hamburg, Germany. One of the first presentations that passed my desk (courtesy of Chris Skinner in my LinkedIn network) was Tim Jones‘  Top 10 Innovation Challenges for 2020. Tim runs Future Agenda (as I write the link to Tim’s site seems to have been hijacked – so here is his company link). So what are the top 10 innovation challenges? Naturally I disagree with Tim’s choices so let’s open a debate about a few of them.

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THE SIMPSONS WAS CREATING DISRUPTION

The Simpsons was creating disruptionTHE SIMPSONS WAS CREATING DISRUPTION AS THE FIRST CARTOON CREATED FOR ADULTS

Before Uber, Airbnb and Netflix, The Simpsons was creating disruption as the first cartoon created for adults, on prime time.

Sure, there were plenty of primetime animated series before The Simpsons, but they were few. The Flintstones was the first significant animated comedy to air in primetime, debuting on ABC in 1960.

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2018-08-03T06:38:49+02:00August 3rd, 2018|Other|

Three Steps to Help Prevent Employee Turnover

Keeping employees and avoiding turnover has never been easy. There is no difference based on the amount of employees. Whether it’s a few dozen or a few hundred, trying to maintain and upkeep employee happiness takes dedication, persistence, and one strong cup of coffee (maybe two or three cups, if we’re being honest).

You don’t want to be a bad boss, but you don’t want to have the reputation of a pushover. Trying to find the happy medium with a workplace full of different personalities who require different sources of motivation can be challenging. This may seem overwhelming, but with the right adjustments, you and your team can be back on track.

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2018-08-03T06:35:30+02:00August 3rd, 2018|Human Capital|

5 Ways AI Can Improve Your Company

IMse - AIThe technology world is changing at a very fast pace and new trends keep on emerging every day. The latest product that has received a warm reception and excited many business managers is Artificial Intelligence. Everybody is fascinating about AI because it promises to be an effective way of performing routine tasks and can be applied to the various sectors of the economy.

It comes as no surprise that many industries are adopting AI and integrating it into their daily operations. Let us look at how the use of AI can improve your business.

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2018-08-03T06:34:26+02:00August 3rd, 2018|Performance of the business|
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