Higher food prices could bring increased instability | Freight News

LETTER: Government needs to suspend localisation master plans for time being (businesslive.co.za)

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 wheat...

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...

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 are...

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....

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...

LETTER: Good for Astral, but not for consumers (businesslive.co.za)  

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...

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...

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...

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...