The future of the forecourt is not fuel-led – diversify or decline: Nedbank
South Africa’s forecourt sector is facing pressure as declining fuel demand, rising costs, and intensifying competition reshape the industry. Insights from the latest Forecourt Retail Report 2025/2026, presented at a Nedbank-hosted media briefing, highlight how convenience retail is fast emerging as the sector’s primary growth engine. The session began with an economic overview by Nedbank Economist,…