Staff Reporter
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/ 12 May 2008

Cash-strapped WFP cuts food aid in Ethiopia

A lack of funds has forced the United Nations World Food Programme (WFP) to cut by more than half the number of districts in drought-hit Ethiopia it serves, the food agency said on Monday and appealed for ,4-million in aid. WFP said shortages would prevent it from providing food supplements to malnourished mothers and children.

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/ 12 May 2008

Mbeki ‘ignored judges’ on Zim’s 2002 poll

President Thabo Mbeki’s role as a mediator in the Zimbabwean crisis took another knock after disclosures that he ignored the advice of two judges he commissioned to observe that country’s 2002 general elections. Mbeki commissioned judges Sisi Khampepe and Dikgang Moseneke to observe the controversial Zimbabwean election in 2002.

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/ 12 May 2008

Inflation targeting likely to be reviewed

Inflation targeting is likely to be reviewed, because if South Africa’s policymakers only use interest rates as the tool to fight inflation, the country is in for a nasty generational learning experience as the policy will not be removing the cause of inflation, said Chris Hart, chief economist from Investment Solutions.

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/ 12 May 2008

Why land reform is stuck

Land reform needs to make its beneficiaries and the country better off. Little is gained in the long run if justice turns out to be purely symbolic, leaves people poorer or even aggravates grievances. So it’s worrying that, as the director general of land affairs is reported to have said, at least 50% of government land-reform projects have failed to make their beneficiaries permanently better off.

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/ 12 May 2008

Food vs land reform

Experts say the often chaotic land reform programme has compromised food production: white farmers facing land claims are reluctant to plant crops, while emerging black farmers have insufficient training and support to produce the quantities of food needed by the domestic market.

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/ 12 May 2008

Beware, you at the edge of legality

The Financial Intelligence Centre (FIC) will probably have to impose much more stringent regulations to combat money laundering and terrorist financing than the customer identification, record keeping and reporting of suspicious transactions it currently requires, says its director, Murray Michell.