Thursday, April 7, 2011

Global food prices decline

The latest Food and Agriculture Organisation (FAO)Food Price Index shows first decrease in eight months with the Index averaging "230 points in March 2011, down 2.9 percent from its peak in February, but still 37 percent above March of last year."

"The decrease in the overall index this month brings some welcome respite from the steady increases seen over the last eight months," said David Hallam, Director of FAO's Trade and Market Division. "But it would be premature to conclude that this is a reversal of the upward trend," he added.

"We need to see the information on new plantings over the next few weeks to get an idea of future production levels. But low stock levels, the implications for oil prices of events in the Middle East and North Africa and the effects of the destruction in Japan all make for continuing uncertainty and price volatility over the coming months," said Hallam.

International prices of oils and sugar dropped the most, followed by cereals. By contrast, dairy and meat prices were up, although only marginally in the case of meat.

The Cereal Price Index averaged 252 points in March, down 2.6 percent from February, but still 60 percent higher than in March 2010. March was extremely volatile for grains, with international quotations first plunging sharply, driven largely by outside market developments such as the increased economic uncertainties accompanying the turmoil in North Africa and parts of the Near East as well as the Japanese earthquake and tsunami, before regaining most of their losses. Rice prices also fell as a result of abundant supply in exporting countries and sluggish import demand.

The FAO Oils/Fats Price Index fell 19 points, or 7 percent, in March, interrupting nine months of consecutive increases. The FAO Sugar Price Index averaged 372 points in March, down as much as 10 percent from the highs of January and February.

The FAO Dairy Price Index averaged 234 points in March, up 1.9 percent from February and 37 percent above its level in March 2010. The FAO Meat Price Index averaged 169 points in March, little changed from February.

Although this is a positive outlook, food stocks continue to diminish. FAO notes that the world production of cereals fell in 2010, resulting in falling stocks, while total cereal utilization is expected to reach a record level in 2010/11.

While most indications point to increased cereal production in 2011, the projected growth may not be sufficient to replenish inventories, in which case prices could remain firm throughout 2011/12 as well.
-report by Simba Nembaware and FAO

Sunday, April 3, 2011

Journalists forced to sign anti-sanctions petition

Zanu PF has stepped up its anti-sanctions campaign by targeting state-owned companies and media houses demanding that employees append their signatures to the petition document.

Yesterday, Zimbabwe Newspapers, which has 11 titles under its stable, published an advertisement in the Chronicle, carrying 462 signatures purportedly denouncing the embargo. However, several employees at the company’s Bulawayo branch claimed they never signed the petition and wondered where the company obtained the signatures from.

“We do not know where the signatures were obtained from because the petition was not circulated here,” said a journalist at the Chronicle. Besides the Chronicle, Zimpapers publishes The Herald, The Sunday Mail, Sunday News, H-Metro, Southern Times, Kwayedza, uMthunywa, B-Metro and ZimTravel.

NewsDay has also learnt that workers at the Zimbabwe Broadcasting Corporation’s Pockets Hill headquarters in Harare were given the anti-sanctions petition to sign on Wednesday. An employee at the state broadcaster confirmed the development.

“The papers were brought to the station since it is a government institution. No one was told to sign but since the papers had been brought, people just queued up to sign,” said the employee who declined to be named. “We felt that if we did not sign, our loyalty would be questioned,” said the employee.

ZBC spokesperson Sivukile Simango confirmed the development, but insisted the signing was voluntary. “Yes, we got the petitions but we made it very clear that anyone who was willing to sign should do so and those who were not interested should not sign. I still have excess forms in my office that were not signed,” he said.

Simango added: “The President (Robert Mugabe) made it clear on the day he launched the campaign that those who wanted sanctions to go should sign the petition but those who wanted them (to stay) should not.”

Civil servants were reportedly ordered to attend the provincial anti-sanctions launches a fortnight ago.
-Newsday

Friday, April 1, 2011

Reporters Without Borders Urges Respect for Press Freedom in Zimbabwe

Daily News reporter Xolisani Ncube was reported to have been attacked last week outside the headquarters of the Movement for Democratic Change of Prime Minister Morgan Tsvangirai

Media watchdog Reporters Without Borders has welcomed the return of Zimbabwe's formerly banned Daily News newspaper, but expressed concern following reports that a Daily News journalist was attacked outside the offices of a political party. Daily News reporter Xolisani Ncube was reported to have been attacked last week outside the headquarters of the Movement for Democratic Change of Prime Minister Morgan Tsvangirai while conducting interviews.

Reports said Ncube was attacked by MDC supporters, one of whom hit him in the face, and his digital camera was stolen.

Reporters Without Borders said the attack last week came a fortnight after an incident in which MDC press staff ejected freelance journalist Nkosana Dhlamini from a Tsvangirai news conference because his questions were deemed to be hostile and tilted toward the ZANU-PF party of President Robert Mugabe.

The group urged all parties to promote media freedom and let journalists do their jobs.

Deputy Chairman Njabulo Ncube of the Media Institute of Southern Africa’s Zimbabwe chapter told reporter Sandra Nyaira that no party has the right to abuse journalists.

Elsewhere, another independent daily newspaper launched in Harare Thursday with the publication of a limited edition of the Mail. Daily publication will begin next week.
Mail Editor Barnabas Thondlana told VOA Studio 7 reporter Ntungamili Nkomo that his newspaper is owned by a consortium of businessmen, and promised that his publication will report news that Zimbabweans want to read about.
-Voice of America, Studio7