Higher food prices could bring increased instability - Freight News

May 24, 2022
24 May 2022 - Rising food prices, and the factors driving this phenomenon, present a great risk for the stability of sub-Saharan African countries. A new report by Oxford Economics Africa details some of the recent, and projected, food price increases across the region. In terms of inflation baskets, food has a heavier weighting in the baskets of African countries; in some cases, these exceed 25%.

Chris Hattingh

Rising food prices, and the factors driving this phenomenon, present a great risk for the stability of sub-Saharan African countries. A new report by Oxford Economics Africa details some of the recent, and projected, food price increases across the region. In terms of inflation baskets, food has a heavier weighting in the baskets of African countries; in some cases, these exceed 25%. 

Click on the link below to read the full article. 

Chris Hatting is Deputy Head of Campaigns at the Institute of Race Relations

https://www.freightnews.co.za/article/higher-food-prices-could-bring-increased-instability

Support the IRR

If you want to see a free, non-racial, and prosperous South Africa, we’re on your side.

If you believe that our country can overcome its challenges with the right policies and decisions, we’re on your side.

Join our growing movement of like-minded, freedom-loving South Africans today and help us make a real difference.

© 2023 South African Institute of Race Relations | CMS Website by Juizi