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Cabinet / Sanef Indaba

Rising food prices

Background

In its meeting of 16 April Cabinet mandated the economic and social cluster ministers to develop a strategy to address this challengeof rising food prices. President Thabo Mbeki announced at the media briefing following the mid-year Cabinet Lekgotlat that adraft framework for the National Food Control Agency has been completed for consultation.

Rising food prices is a global phonomenon, largely due to the combined impact of production shortfalls in major supply regions, rising consumption in developing economies and some diversion of feedstock to biofuel producers. South Africa has also been affected by the rising prices, although our food prices have not increased at the same pace as in many countries across the globe.

National Agricultural Marketing Council reports

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Agri-Consultation on Land and Agrarian Reform Programme, 30 July - 1 August 2008

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International Monetary Fund

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Food and Agriculture Organisation

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Last modified: 16 September 2008 12:31:30.

 

 

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