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Economic News In south Afica

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Call to control bread priceCall to control bread price
Sunday, 13 January 2008  ::  
The Independent Democrats (ID) have called on the government to regulate bread prices.ID spokesperson Rodney Lentit said on Friday that the rising cost of bread would hurt the poor and the unemployed."Bread is a staple food for the majority of the people of South Africa and we in the ID believe that the time has come for government to ensure the food security of our people by regulating bread prices," said Lentit.This comes after bakeries confirmed this week that bread prices were likely to go up. - Sapa
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    Poor Governance hinders Africa Economic Growth
    Sunday, 22 November 2009

     

    The Political Economy of Sub Saharan Africa in particular and Africa in general has been affected by political instability and  Africa has been lacking a voice at important groupings such as G8 and G20. Despite having some of the world’s huge reserves of natural resources such as gold ,diamonds, coal, steel, and oil. Sub Saharan Africa remains largely undeveloped and poverty stricken.

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    Ghana among the least corrupt nations
    Saturday, 21 November 2009
    Transparency International (TI), a civil society body which seeks to fight corruption and raise awareness around the world has ranked the West African state of Ghana among the least corrupt nations in the continent. The "Corruption Perceptions Index 2009" which was published this week ranked Ghana in the 69th position out of 180 countries world wide.
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    Army, police vacate Zimbabwe diamond fields: minister
    Saturday, 21 November 2009

    Zimbabwean security forces have started withdrawing from the country's eastern diamond fields to meet Kimberley Process reforms over human rights abuses, the government said Thursday.

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