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.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...