Agri SA warns govt’s interference amid food price dilemma could have detrimental long-term effects

Loading player...
GUEST - Kulani Siweya is the agricultural economist at Agri SA.

Industry body Agri SA has warned that government interference in the food market could lead to empty supermarket shelves. The organisation intends to write to the Agriculture, Land Reform and Rural Development Minister Thoko Didiza to request engagement with stakeholders in the value chain on the implications of government’s stated intention of tackling food pricing. This follows an announcement by Minister in the Presidency Khumbudzo Ntshavheni that Carbinet has directed the Economic Cluster to put in place an action plan on food prices, food security and access to food. Food price inflation has remained high despite various input costs having decreased, mostly owing to persistently high fuel costs and loadshedding disruptions. Agri SA says this highlights the highly complex dynamics of the food system and how, if government wants to substantively address the situation, it must begin by fixing functions within its remit – including fixing road and port infrastructure, reducing rural crime and ending loadshedding.
18 Sep 2023 4PM English South Africa Business News · Investing

Other recent episodes

Sasfin Wealth’s rebrand to Otto1890

Erol Zeki, CEO of Otto1890 (formerly known as Sasfin Wealth), joins us to talk about the group’s strategic shift beyond the branding. The group is looking to tap into private market opportunities, amongst other things.
30 Mar 5PM 17 min

SA’s producer price outlook deteriorates sharply

Producer price inflation showed signs of easing in January, according to data from Stats SA. Economists from Nedbank say the outlook has deteriorated sharply, and Johannes Khosa explains why…
30 Mar 5PM 11 min

Careers Corner – Are degrees still relevant in SA’s job market

South Africa’s youth unemployment crisis has raised concerns about the validity of chasing a degree to secure employability. Professor Linda du Plessis, Senior Deputy Vice-Chancellor, North-West University, argues that there is still value with the right approach by educators.
30 Mar 5PM 12 min

Middle East-driven energy shock for Africa

We explore how the Middle East-driven global energy shock is reshaping Africa’s fuel security, what it means for businesses and consumers, and whether the crisis could accelerate a shift toward more resilient, local energy solutions. For more on this, we caught up with NJ Ayuk, CEO of the African Energy…
30 Mar 5PM 12 min