Latest Economy of Africa Stories
Consumers Paying More for Food--Experts Cite Fuel, Commodity Prices WACO, Texas, April 7, 2011 /PRNewswire-USNewswire/ -- Consumers could pay 3-4 percent more for food this year, according to the Consumer Price Index (CPI), and experts count a sharp rise in fuel costs as the leading factor. "Especially for fresh agricultural goods, time to market is essential.
Recent droughts and floods have contributed to increases in food prices.
Agriculture ministers from Europe, Africa and Canada warned on Saturday of riots and social unrest if action is not swiftly taken to improve food security and tackle price hikes.
UTRECHT, The Netherlands, January 18, 2011 /PRNewswire/ -- Absa Group Ltd of South Africa take the first steps to a true Cash Web Community with Transtrack's latest CashWebCommunity suite of management software to elevate their service quality and customer experience. http://www.transtrack.nl Key in the success of the bank's Cash Solutions is the use of the latest technology to provide complete end-to-end visibility and provide a platform for future integration of value added...
JOHANNESBURG, November 12, 2010 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it was ranked joint first in the JSE Top 100 Carbon Disclosure Leadership Index (CDLI), which rates companies listed on the Johannesburg Stock Exchange in South Africa on their disclosure of carbon emissions. In 2009 Gold Fields was fifth in the CDLI, but this year it improved to joint first (with FirstRand) with a disclosure rating of 93...
JOHANNESBURG, Nov. 2, 2010 /PRNewswire/ -- Introduction and rationale Sasol BEE Ordinary Shares were issued to the public pursuant to the Sasol cash invitation prospectus dated May 2008 ("Cash Invitation").
El Nino has caused devastating drought damage across Latin America this year, resulting in a massive food crisis in Guatemala and water cuts in Venezuela.
The Producer Price Index for finished goods in the United States rose 1.7 percent in August, the Bureau of Labor Statistics reported Tuesday. The price advancement follows a 0.9 percent decline in July. In June, prices rose 1.8 percent. The index has swung up and down.
The booklet is based largely on insights from two academic experts on food pricing - Dr. Steven Cummins, of Queen Mary, University of London, and Professor Derek Oddy, Emeritus Professor of Economic and Social History at the University of Westminster - for a public policy seminar organized by the ESRC for the Food Standards Agency.