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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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    Zimbabwe Bank reversals must be explained
    Wednesday, 18 November 2009

    Whilst it may seem justice has finally been done by Gideon Gono’s admission of failure and returning ZABG (Trust Bank, Royal Bank, Barbican ) to its rightful owners there is need to do a proper analysis on why someone would grab an asset for over 5 years, use it and abuse it and then return it. This is not how a normal country should function.

     

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    Gono owes Zimbabwe an explanation and apology
    Tuesday, 17 November 2009

    Late last week it was widely reported that Reserve Bank of Zimbabwe Governor Gideon Gono has ordered the return of some of the confiscated banks to their original owners. This was both shocking and surprising given that no credible explanation was given for such a dramatic policy suamersault.

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    The Zimbabwe people desire
    Monday, 16 November 2009

    A new national vision is vital as Zimbabweans prepare to bring the first decade of the new millennium to a close. The time for pragmatic and patriotic compatriots to congregate and chart a new course is upon us.

     

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