SABC News - Govt to protect consumers from high prices:Tuesday 8 March 2016

Govt to protect consumers from high prices

Tuesday 8 March 2016 11:59

Abongwe Kobokana

Government has assured consumers that it is working hard to ensure that consumers are protected from what it terms any unreasonable price increases.

However, it has warned consumers to brace themselves for a possible increase in the price of chicken due to factors including the current severe drought.

Agriculture, Forestry and Fisheries Minister Senzeni Zokwana announced this during the economic cluster's media briefing in Parliament.

“One of the causes that will cause the prices to go up is the increase in chicken feed. I take the point that there is a possibility of a chicken going up by 7% or R7.”

Infrastructure programme accounts for more than R 200 billion of expenditure

Government says it is spending more than R 1 billion per working day on infrastructure and because of this investment, South Africa is not in recession.

Economic Development Minister Ebrahim Patel says government is confident that it has covered a lot of key challenges in infrastructure development.

“Infrastructure programme accounts for more than R 200 billion of expenditure, that would be for your roads, ports, renewable energy,  housing programme and sanitation, but also social infrastructure, higher education, basic education and so on.”

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