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 Millions of boxes of oranges are spoiling in containers stranded at European ports as South Africa and the European Union lock horns in a dispute over import rules, citrus growers have said.

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We are emerging from a policy-heavy weekend, where the governing ANC gathered to discuss policy ideas ahead of its December elective conference. A range of economic matters were discussed at the conference that we will learn more about in the coming days.

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Inflation on Food and Non-alcoholic beverages continued to gain momentum in June 2022, with similar inflation levels last seen in March 2017. Food inflation was mainly driven by price increases in meat and breads/cereals, as well as plant oil products, dairy and eggs..

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Moving away from land expropriation, as outlined in the ANC 2017 policy conference, would be a welcome development and positive for the country, according to Agricultural Business Chamber (Agbiz) chief economist, Wandile Sihlobo.

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When analysing the composition of the basket of goods and services that form the basis for the calculation of the consumer price indices in South Africa and most of its key trading partners, these prices certainly stand out, as do some food prices.

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South Africa is in the grips of a food system paradox. It’s a country known for its agricultural production and has a sophisticated policy framework.