The effect of the worst drought in more than two decades is being compounded by the rand’s 19 percent plunge against the dollar this year to a record, boosting the cost of imports of corn, a staple food in the country that’s also used in animal feed. Food inflation is set to accelerate to above 10 percent by the middle of next year, more than double the current … [Read more...] about South Africa Faces Food Shock as Rand Adds to Drought Woes
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SA grocery sector faces competition probe
Johannesburg – The Competition Commission will probe South Africa’s four large supermarket chains, their effect on small retailers and the impact of their long-term exclusive leases with landlords. The wide-ranging probe will include informal businesses and look at the dynamics between local and foreign-owned small retailers in townships, according to the terms of reference … [Read more...] about SA grocery sector faces competition probe
Gauteng faces electricity hikes – Eyewitness News
Gauteng faces electricity hikesEyewitness NewsJOHANNESBURG – The National Energy Regulator of South Africa (Nersa) says some Gauteng residents can expect to pay more than others for electricity following tariff increases that came into effect this week. Nersa has approved an increase of 7 per cent … …read more Via: Johannesburg Google News MyJHB Read more … [Read more...] about Gauteng faces electricity hikes – Eyewitness News
Zuma’s son faces crash questions – Independent Online
Independent OnlinePhumzile Dube, 30, was killed in the accident which happened last Saturday night on Grayston Drive in Sandton, Johannesburg, the newspaper reported. The taxi driver and a 72-year-old woman were critically injured in the accident and taken to a nearby …Culpable homicide charges for Zuma’s son?Eyewitness NewsJZ’s son in homicide probe – … [Read more...] about Zuma’s son faces crash questions – Independent Online
Durban: Barun Roy: Old faces, new lifts
Barun Roy: Old faces, new lifts As delegates from 194 countries gathered in the South African city of Durban late last month for a United Nations summit on climate change to decide the fate of the Kyoto Protocol on harmful gas emissions, the world's tallest “green” building, ... Read more on Business Standard … [Read more...] about Durban: Barun Roy: Old faces, new lifts
