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  • Cabinet concerned about escalating food prices




    Cabinet has expressed concern at the escalation of food prices and the impact it is having on the poor.

    According to a Cabinet statement, issued by Government Communications (GCIS) on Friday, the Minister of Agriculture, Forestry and Fisheries Tina Joemat-Pettersson will brief Cabinet on the matter at the next Cabinet meeting.

    According to analysts, South African consumers should brace themselves for higher increases in food prices over the coming months. This as food inflation is expected to increase to between 12 and 15 percent in the next six to eight months.
    Comments 42 Comments
    1. waynegohl's Avatar
      waynegohl -
      Tina Joemat-Pettersson is an ass, she will blame Walmart for this.
    1. Nicodeamus's Avatar
      Nicodeamus -
      it is kinda obvious, to much extra levies on all our taxes or government services will put up the prices of food and the fact that farming isn't the most aspiring career in SA at the moment!
    1. Nicodeamus's Avatar
      Nicodeamus -
      Quote Originally Posted by chrisc4290 View Post
      It is just a vote-gathering exercise. The whole food story cannot be fixed by one operation. It starts at the farmer, then the expensive distribution, storage, more distribution. Then, a good deal of food gets thrown away, often when there is nothing wrong with it. The "best-by" dates on food are to blame for this
      You need to learn the difference between a law and a standard...you're allowed to sell rotten milk, but no one is going to buy it!
    1. Keeper's Avatar
      Keeper -
      Quote Originally Posted by biometrics View Post
      Let them eat cake.
      where was that from, that sounds familiar?
    1. reactor_sa's Avatar
      reactor_sa -
      Anc all talk, no fix. What's new...
    1. Hemi300c's Avatar
      Hemi300c -
      The gravy isn't coming cheap anymore.
    1. Celine's Avatar
      Celine -
      stop talking.........do something about it already.
    1. marine1's Avatar
      marine1 -
      Cabinet and the ANC are the main reason for all of this so what exactly are they concerned about?
    1. BandwidthAddict's Avatar
      BandwidthAddict -
      Quote Originally Posted by marine1 View Post
      Cabinet and the ANC are the main reason for all of this so what exactly are they concerned about?
      They're worried that the peasants will catch a clue and pin the tail on their donkey.
    1. bekdik's Avatar
      bekdik -
      The people must switch off their eating
    1. ToxicBunny's Avatar
      ToxicBunny -
      Quote Originally Posted by bekdik View Post
      The people must switch off their eating
      Agreed..

      Your eating levels are too high, please stop eating unnecessarily.
    1. Devill's Avatar
      Devill -
      Wtf? People blame the government? Lol, the are a small contributing factor. Big business want the highest profit margins and as long as people do not vote with their wallets it will keep being over inflated.
    1. j4ck455's Avatar
      j4ck455 -
      Quote Originally Posted by BandwidthAddict View Post
      They're worried that the peasants will catch a clue and pin the tail on their donkey.
      What, has Malema the village idiot of Donkeyville returned?
    1. Jarrod's Avatar
      Jarrod -
      For many years SA was a net food exporter now we import more than we export. Goverment should protect our farmers at all cost. NB all farmers white black pink or orange does not matter what race group.
    1. Devill's Avatar
      Devill -
      Wtf? People blame the government? Lol, the are a small contributing factor. Big business want the highest profit margins and as long as people do not vote with their wallets it will keep being over inflated.
    1. j4ck455's Avatar
      j4ck455 -
      The evill one has quite a latent echo, or perhaps he forgot he had already posted that earlier?
    1. ghoti's Avatar
      ghoti -
      Quote Originally Posted by Jarrod View Post
      For many years SA was a net food exporter now we import more than we export.
      Since when do we import more food than we export?
    1. Pr⊕phet's Avatar
      Pr⊕phet -
      Quote Originally Posted by rpm View Post
      Cabinet has expressed concern at the escalation of food prices and the impact it is having on the poor.

      According to a Cabinet statement, issued by Government Communications (GCIS) on Friday, the Minister of Agriculture, Forestry and Fisheries Tina Joemat-Pettersson will brief Cabinet on the matter at the next Cabinet meeting.
      We just fix it with a lot of money like this:

    1. Jarrod's Avatar
      Jarrod -
      Quote Originally Posted by ghoti View Post
      Since when do we import more food than we export?

      At the moment on cell but please google south africa net food importer. Seems since 2007/8
    1. Chris's Avatar
      Chris -
      Quote Originally Posted by Jarrod View Post
      At the moment on cell but please google south africa net food importer. Seems since 2007/8
      Seems to have returned as a net food exporter

      http://www.sairr.org.za/media/media-...20exporter.pdf

      South Africa is a net a food exporter, selling abroad 30% more agricultural goods
      than it imported in 2010, according to the latest South Africa Survey, published
      last week by the South African Institute of Race Relations in Johannesburg.
      Agricultural exports grew by 10% between 2008 and 2010, with total agricultural
      exports amounting to $6.8bn in 2010. During the same period, agricultural imports
      increased by just less than 1% and amounted to $5.2bn. Agricultural exports stood
      at 5% of South Africa’s total exports in 2010, with agricultural imports accounting for
      2% of total imports.
      The Institute’s analysis was based on data supplied by the Foreign Agricultural
      Service at the United States Department of Agriculture. The data revealed that the
      Netherlands was South Africa’s largest agricultural export destination, accounting
      for a little over 10% of South Africa’s total such exports in 2010, worth $700m.
      Between 2008 and 2010, the demand for South African agricultural exports grew in
      Asia and Africa while the proportion of such exports going to European countries
      declined.
      Argentina has remained South Africa’s largest source of agricultural imports since
      2008. However, the proportion of such imports from Argentina has fallen from 17%
      in 2008 to 12% in 2010, when they were worth $628m.
      The ratio of agricultural imports to exports has increased since the mid 1960s, when
      the ratio of imports to exports stood at 1 to 5. In the decade between 1995 and 2005
      the ratio of agricultural imports to exports stood at 2 to 3. In 2007 agricultural imports
      temporarily exceeded agricultural exports by a ratio of 11 to 10.
      ‘Recent data indicates that demand for South African agricultural products is not
      only holding steady, but is in fact growing’ said Mr Jonathan Snyman, a researcher
      at the Institute. ‘Food security is an especially precarious state of affairs in subSaharan Africa, so it is a positive development that South Africa has maintained its
      status as a net agricultural exporter’ added Mr Snyman.
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