Tuesday, April 15, 2008

Soaring food prices could cause riots

By Ilhaam Hoosain
15 April 2008

The cost of basic foods has risen sharply around the world in recent months, sparking violent protests in many countries. The SABC reports that riots over soaring food prices cannot be ruled out in South Africa.

Cosatu spokesperson Patrick Craven says this is why it is necessary to channel the anger into peaceful protests.

The labour federation started a protest march against rising food, fuel and electricity prices in Polokwane on Sunday and today protestors will march in the North West. On Thursday, Gauteng and the Western Cape will be targeted.

For the moment, the price of milk is also expected to rise by roughly 10 c, at the end of the month.

Milk producers say this is not enough to cover their rising cost of production. They say many farmers are closing shop as they are battling to survive.

R2, 80 out of nearly R9 paid by consumers for a litre of milk according to milk producers is what they receive.

Free State Farmers want government to fix the price of milk at a level which will be their contribution costs. They also would like to establish a milk exchange where buyers can bid for milk.


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