by Paul Matthew | May 23, 2022 | Uncategorized
Russia’s stranglehold on the Port of Odessa, a crucial export port in war-torn Ukraine, could trigger a spike in world food prices of up to 25% – with disastrous consequences for countries whose impoverished people are already threatened by hunger because of... Read more
by Paul Matthew | May 23, 2022 | Uncategorized
Congestion in the supply chain has led to significant delays in transportation time in relation to ocean-side delays and inland congestion, boosting the need for more containers, which will lead to a glut of 13 million excess containers when backlogs are cleared. This... Read more
by Paul Matthew | May 20, 2022 | Uncategorized
Cash-strapped South Africans are swapping out their preferred meat brands and products for cheaper alternatives, a new study by Unilever food group’s Knorr shows. Faced with an economy in decline, rising food inflation, and skyrocketing fuel prices, consumers... Read more
by Paul Matthew | May 19, 2022 | Uncategorized
By my reckoning President Cyril Ramaphosa has until Saturday to deliver the new, improved and much more determined social compact for growth, inclusivity and general national cheerfulness that he promised at his state of the nation speech in Cape Town on February 10.... Read more
by Paul Matthew | May 18, 2022 | Uncategorized
Global food commodity prices went down slightly in April following an all-time high the month before, according to the UN Food and Agriculture Organization (FAO). The drop was led by a slight dip in the prices of vegetable oils and cereals. The FAO Food Price Index... Read more
by Paul Matthew | May 18, 2022 | Uncategorized
LETTER: Good for Astral, but not for consumers (businesslive.co.za)... Read more
by Paul Matthew | May 18, 2022 | Uncategorized
In April, India’s minister of commerce and industry made a heroic announcement. The world was reeling from the sudden drop in wheat supplies when Russia and Ukraine, two of the world’s largest wheat exporters, curtailed their exports due to the war, but India would... Read more
by Paul Matthew | May 13, 2022 | Uncategorized
Another quarter, another earnings record for Germany’s Hapag-Lloyd, the world’s fifth-largest container line operator. But the focus now is less about what happened a few months ago and more about what’s happening now with China lockdowns and consumer demand, and... Read more
by Paul Matthew | May 13, 2022 | Uncategorized
Supply chain glitches have been listed as one of the reasons Africa could be facing mounting food pressure, with an imminent threat of public unrest flagged in some countries on the continent, a research note by Oxford Economics Africa has warned. Should governments... Read more
by Paul Matthew | May 13, 2022 | Uncategorized
Transporters using the Beitbridge Border Post between South Africa and Zimbabwe are advised to proceed with extreme caution because of the unrest situation unfolding in Musina south of the border. Earlier this morning the Transit Assistance Bureau (Transist) reported... Read more
by Paul Matthew | May 12, 2022 | Uncategorized
The world has been in a period of surging food prices for several reasons. These include drought in South America and Indonesia, rising demand for grains and oilseeds in China, and, more recently, the disruption of the global grains and oilseeds exports following the... Read more
by Paul Matthew | May 12, 2022 | Uncategorized
There are no certainties. No matter how hard you try, unless you accept what is in front of you for what it is, you’re in trouble. I’ve been trying to reconcile the multitude of voices jostling to solve our country’s deepest problem, poverty. I know you’re supposed to... Read more