The increasing short supply of Sugar on the market in Malawi has forced consumers to be subjected to what economists say are exploitative prices. The price of a 1kg packet of sugar has, at the moment, surged to 3-point-5 US dollars, double the recommended government price. Surveys show that sugar vendors are selling the commodity at exorbitant prices due to a serious shortage and an alleged hoarding by some distributors. George Mhango reports from Blantyre..

The increasing short supply of Sugar on the market in Malawi has forced consumers to be subjected to what economists say are exploitative prices. The price of a 1kg packet of sugar has, at the moment, surged to 3-point-5 US dollars, double the recommended government price. Surveys show that sugar vendors are selling the commodity at exorbitant prices due to a serious shortage and an alleged hoarding by some distributors. George Mhango reports from Blantyre..

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Shortages of sugar in Malawi push up the prices

https://api.omny.fm/orgs/8f7208d2-db6e-4bfa-85b5-ad3d00776f1f/clips/7972a6c8-615b-4ae6-8269-b2e90109ce7d/transcript

Kenya has requested financial assistance from the World bank to help with the shocks to its economy, resulting from the US Iran conflict. According to reports, East Africa's largest economy is one of at least 12 countries on the continent that have reached out to the international financial institution for assistance to handle the turbulence resulting from the war. Besides seeking the loan, Kenya has cut fuel taxes from 16 per cent to eight per cent over the coming three months to cushion the blow to  consumers, but will this be effective enough?For more on this, Thami Ngubeni spoke to Fred Ogollo, Kenyan economist

Kenya has requested financial assistance from the World bank to help with the shocks to its economy, resulting from the US Iran conflict. According to reports, East Africa's largest economy is one of at least 12 countries on the continent that have reached out to the international financial institution for assistance to handle the turbulence resulting from the war. Besides seeking the loan, Kenya has cut fuel taxes from 16 per cent to eight per cent over the coming three months to cushion the blow to &nbsp;consumers, but will this be effective enough?For more on this, Thami Ngubeni spoke to Fred Ogollo, Kenyan economist

Kenya has requested financial assistance from the World bank

Sakeliga and the National Employers’ Association of South Africa (NEASA) have filed an application in the Constitutional Court for leave to appeal the High Court’s refusal to urgently interdict South Africa’s newly implemented Employment Equity quotas.

 

Sakeliga and NEASA argue that if the Constitutional Court refuses leave to appeal, businesses could face immediate enforcement action by the Department of Employment and Labour and the International Trade Administration Commission (ITAC), which already requires Employment Equity compliance certificates for trade‑ and tariff‑related processes. For more on this, we are joined on the line by Jaco Swart, National Manager at the National Employers’ Association of South Africa (NEASA).

Sakeliga and the National Employers&rsquo; Association of South Africa (NEASA) have filed an application in the Constitutional Court for leave to appeal the High Court&rsquo;s refusal to urgently interdict South Africa&rsquo;s newly implemented Employment Equity quotas.
&nbsp;
Sakeliga and NEASA argue that if the Constitutional Court refuses leave to appeal, businesses could face immediate enforcement action by the Department of Employment and Labour and the International Trade Administration Commission (ITAC), which already requires Employment Equity compliance certificates for trade‑ and tariff‑related processes. For more on this, we are joined on the line by Jaco Swart, National Manager at the National Employers&rsquo; Association of South Africa (NEASA).

Sakeliga and NEASA take the fight against newly implemented Employment Equity quotas to the Constitutional Court

South Africa’s national carrier, South African Airways, is set for another leadership transition following the resignation of its Group Chief Executive Officer, Professor John Lamola. His departure comes at a critical time for the airline, which has been rebuilding after business rescue and working to regain its footing in a highly competitive global aviation market.

For more on this, we now speak to aviation analyst Dr Guy Leitch.

South Africa&rsquo;s national carrier, South African Airways, is set for another leadership transition following the resignation of its Group Chief Executive Officer, Professor John Lamola. His departure comes at a critical time for the airline, which has been rebuilding after business rescue and working to regain its footing in a highly competitive global aviation market.
For more on this, we now speak to aviation analyst Dr Guy Leitch.

Shortages of sugar in Malawi push up the prices

In 1 playlist(s)

Africa in Business

Social links

Recent clips