Palm oil ban and Black Sea exports disruption will affect SA
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 moreWhile Ramaphosa ticks the boxes, his ministers untick the country
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 moreSouth Africa’s middle class is in serious trouble right now
The latest debt index from DebtBusters shows that middle-class South Africans are falling further into debt as a six-year decline in disposable income and a higher debt burden have contributed to the financial challenges many South Africans are facing. South Africa’s...
read moreBiden Considers Dropping Tariffs to Fight Inflation
As AMIE we are still waiting on Minister Patel to answer our request to reconsider Poultry tariffs! However, good to see President Biden said the White House is considering dropping tariffs on China as a way to lower inflation. The White House is reviewing tariffs...
read moreWill chicken become as expensive as beef?
Out of the UK - Chicken’s reputation as a cheap source of protein may be well established but it might be about to come to an end, warns the chief executive of the U'K.'s sixth-largest supermarket chain, The Co-op. Quoted in the newspaper the Sunday Times, Steve...
read morePork prices in Malaysia sky rocket, but the government has a plan
The effects of African Swine Fever (ASF) and rising pork feed prices have been blamed for the dramatic fall in pork production in Sabah, leading prices to rise. Agriculture and Fisheries Minister Datuk Seri Panglima Dr Jeffrey Kitingan said as of March this year, the...
read moreDemand for containers is falling… but will prices come down?
Container lines will post more all-time highs for the first quarter, but could that mark their earnings peak? Evidence of market softening continues to mount in the container equipment business. The higher consumer demand and port congestion rises, the more container...
read moreSHANGHAI LOCKDOWN SENDS CHILL DOWN MEAT TRADE
BEIJING, May 2 (Reuters) - The protracted lockdown in Shanghai, China's financial hub, is slowing the nation's normally booming meat trade, with stringent COVID-19 measures causing logistics logjams across the food industry in a sign of the broadening disruptions to...
read moreRed-hot inflation may light a fire under Reserve Bank
A surge in producer prices by the most since at least 2013 has heightened the inflation risks facing SA’s economy, whose already fragile recovery may now face an increased pace of interest rate hikes. Red-hot inflation may light a fire under Reserve Bank...
read moreIMF: Rising food and fuel prices stoke risk of unrest in Africa
Surging food and energy prices stoked by the war in Ukraine may lead to “social unrest” in Africa, the International Monetary Fund has warned. Most countries south of the Sahara are already seeing a slowdown in economic growth from last year due to the COVID-19...
read more6% rise in UK food prices because of trade barriers with EU, new research finds
A new study by the LSE Centre for Economic Performance has found that the increase in UK-EU trade barriers has led to a 6% increase in food prices in the UK over the period between the end of 2019 and September 2021 compared with December 2019. 6% rise in UK food...
read moreNorth West: Truck hijackings on the rise, says SAPS
The South African Police Service (SAPS) in the North West has warned that truck hijackings have seen a rise in recent months, particularly in Brits, Mmakau and Mothotlung. One of the latest incidents occurred on 13 April when a truck driver was sent to collect good in...
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