Food prices edge up on SA drought
Friday, March 27, 2015
This comes on the back of drought in South Africa that has shrunk the SA crop by almost a third, leading to an increase in maize meal prices. Botswana imports about 95 percent of its white maize from South Africa.
It was reported that maize prices in Botswana had increased by up to 40 percent since December last year and that the market should expect further increases in the price of finished products from this month.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...