Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

SA food giants plead with govt

Apr 29 2008 14:55

Related Articles

Firms help in food & fuel fight

Food price crisis for cabinet

Phumzile: SA poverty a 'crisis'

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print
Johannesburg - South Africa's food giants have made an earnest call on government to adopt a more agriculture-friendly policy in order to encourage food production and increase the assurance of food production.

This is the first time in South Africa's democracy that the country's food sector has spoken out so unanimously for a more favourable agricultural policy.

This important development follows a Nedlac meeting in which the country's leading food processing companies took part under the banner of the SA Agricultural Processors' Association and where the seriousness of high food prices was discussed in depth.

The association's members include heavyweights like Astral Foods, Foodcorp, McCain Foods, Pioneer, Premier, Rainbow Farms, Tiger and SA Breweries.

At the same time, the association supported government's stated policy of not interfering in the food chain's price-formation mechanism.

Jannie de Villiers, executive director of the association, said after the Nedlac meeting that the country needs more funding for research, information, the improvement of its rail system, better roads, sufficient power supply and the upgrading of its harbour facilities.

"The Department of Trade and Industry should also revise its tariff policy so as to create a friendlier investment environment in agriculture."

He said that the World Bank admits their funding of agricultural projects has fallen from 80% of total loans in 1980 to 12% in 2007. A similar trend in South Africa is now hampering the agricultural sector's ability to produce more food.

De Villiers also said that the association supports government's decision not to use maize (or even wheat) for biofuel production.

"That's not in the interests of an assured supply of food in South Africa."

The food processing sector also supports Cosatu's request to government to increase social security allowances so that the poorest of the poor can obtain food.

"We also commit ourselves to joining Government and the labour sector to find solutions for high food prices."

De Villiers said that they had taken note of the large maize harvest, which will undoubtedly carry South Africa through these difficult times. "We do not expect maize prices to rise higher than the present levels."

Poor weather conditions in Australia and elsewhere, grain used for biofuel, and the growth in China and India are, according to him, the main reasons for the present high international food prices.

In addition, there have been enormous increases in international shipping tariffs. "Three years ago, we imported wheat and maize at about $20/ton (freightage), compared with today's $90/ton. Because of the constantly increasing fuel prices, our distribution costs have also increased."

- Landbou.com

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

What would happen if Greece leaves the European Monetary Union What would happen if Greece leaves the European Monetary Union The Euro would become a foreign currency like the US Dollar in Greece. Very little would actually change. It would be illegal for the Greek monetary authority to overprint a... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...