SA wheat tariff hike won�t impact on local market
Thursday, April 14, 2016
Bread prices are unlikely to rise despite a wheat import tariffs hike in South Africa
Speaking to the Mmegi Business in an interview, Nkosi Mwaba the association’s chairman said the 34 percent increase in the import duty on wheat announced by the South African government last week will have no direct impact on the local market.
“We trade on Safex (South African Futures Exchange) and as of today there has not been any movement of prices of bread and food,” he said.
According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...