It’s not often jobs and fuel supply are paired together positively in the same sentence – but this month, as local company Caltex Eastern Cape Marketer (CECM) doubles in size, both job creation and access to fuel is set to rocket.
CECM yesterday launched its major investment in the Eastern Cape economy and labour market after purchasing 41 additional Caltex service station sites from Chevron last month in a deal totalling over R120-million.
Industry leaders and members of the business community came out in force to celebrate the ground-breaking deal which some, like head of the Nelson Mandela Bay Business Chamber (NMBBC), Kevin Hustler, hailed as “pioneering”.
“A deal of this magnitude, R120-million, is an immense contribution to the economy,” said Hustler. “We need robust commitment like this to create sustainable jobs in the Eastern Cape and the region.”
The move makes CECM, with 88 dealers and more in the pipeline, the biggest branded marketer in Chevron’s Africa Middle East Pakistan region. The impact for the province is staggering for job creation, local economic development and growth of the supply chain, especially for small and medium sizes businesses in the fuels industry.
“The deal is the result of the single biggest disposal by Caltex brand owner Chevron under the branded marketer programme,” said Clive Berlyn, CECM chief executive.
“All Caltex sites in the province are now supplied by a local East London company, which employs and develops local people, purchases from local suppliers and makes its