Latest Economy of Africa Stories

2008-10-09 00:00:29

F armers across the country have faced their own crisis this year with the wettest harvest for more than 20 years. The optimism of the spring has been replaced by despair - and although we have experienced an Indian summer, it came along too late for many.

2008-10-06 03:00:18

By Anonymous Retail food prices in the third quarter rose by 4 percent from the second quarter and by 10.5 percent from the third quarter of 2007, the American Farm Bureau Federation reported.

2008-09-23 18:00:00

By Steve Dube WEWERE always taught that the price of bread fuelled the French revolution - particularly when Queen Marie Antoinette, told that people could no longer afford it, replied: "Let them eat cake." Now we are told that the era of cheap food is over - and the era of cheap money for those who already have vast amounts of it also seems to be at an end.

2008-09-23 09:00:46

By KYLE ARNOLD The price of a gallon of milk and a bucket of fertilizer may seem miles apart, but supermarket shoppers and farmers alike are finding little shelter from rising prices.

2008-09-15 06:00:28

By Lindsay McIntosh Farmers and consumers will be counting the cost of this summer's bad weather, writes Lindsay McIntosh THE overnight flood devastated the farm at Belford on Bowmont, churning up surrounding roads, ripping through fences and propelling terrified animals through mangled fields.

2008-09-14 06:00:14

Text of article in English by Muhsen Nazari entitled "Further food price hikes expected" published by independent Afghan newspaper Kabul Weekly on 10 September The cost of food and fuel in Afghanistan shot up this year with some items even doubling in price from last year.

2008-09-10 12:00:33

Text of report by economic desk entitled "Trade Minister's request to reporters: Do not provoke the market by speaking about high prices" published in Iranian newspaper Aftab-e Yazd on 8 September 2008 Instability in prices [of commodities] has upset the market even as some officials are vehemently denying rise in prices and attempts are made to downplay the harmful effects [of price rises] on people in real life.

2008-09-07 18:00:16

By LUCY WEST FOOD prices will remain high over the long-term in Britain and around the world, the Prime Minister's chief scientific adviser warned.

2008-09-07 15:00:17

Text of report by Ghanaian privately-owned radio station Joy FM on 6 September [Unattributed report: "African Ministers and Donors Chart Way Forward on Soaring Food Prices"] At a landmark dialogue held in Accra yesterday, over 40 African Ministers met with heads of donor agencies to discuss the crises caused by soaring food and fuel prices, and urged the international donor community to "untie aid and remove restrictions on food aid so that the adverse impacts of the crisis on people and...

2008-09-06 21:00:10

A typical trolley of food has risen in price by 8.3 per cent since the beginning of the year, new figures show.The price of meat and fish was up 22.9 per cent since January, while the cost of fresh fruit and vegetables was up 14.7 per cent, a study for the BBC by retail analysts Verdict Research found.Seven individual items were up in price by more than 40 per cent.

Word of the Day
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.