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PPI records at an unexpectedly 16.4% high

Posted 26th June 2008 at 06:21 PM by NewsTracker (Tracking the News)
By Bathandwa Mbola
Pretoria – The year-on-year producer price inflation (PPI) for all commodities in South Africa came at an unexpectedly high of 16.4 percent for May 2008 compared to the 12.4 May 2007.

Statistics South Africa (StatsSA) reported Thursday that month-on-month PPI, representing domestic output, stood at 4.9 percent compared to 2.1 percent previously.

Economists say the figure was well above expectations.

...
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Zim crisis to be addressed at AU Summit

Posted 26th June 2008 at 06:18 PM by NewsTracker (Tracking the News)
By Luyanda Makapela

Sharm-El-Shaik – The current situation in Zimbabwe is to be discussed in the African Union Assembly at the 2008 AU Summit being held in Egypt.

Although it had not been mentioned on the agenda of the African Union's Permanent Representative Committee, a report is to be presented following the Southern African Development Community (SADC) Troika’s meeting in Swaziland.

This is according to the committee’s Chairman Mohammed...
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Posted in Democracy , Sadc , Zimbabwe
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Hundreds seek refuge at the SA embassy

Posted 26th June 2008 at 04:50 PM by NewsTracker (Tracking the News)
HARARE, 26 June 2008 (IRIN) - More than 200 supporters of the Zimbabwean opposition Movement for Democratic Change (MDC), including women and children, are camping in the grounds of the South African embassy in the capital, Harare, hoping to get refugee status. They say they are trying to escape the violence unleashed by the militia of ZANU-PF, the previous ruling party.

Police have set up roadblocks on all roads to the embassy, apparently to stem a suspected tide of asylum seekers...
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