Advertising News Africa

Subscribe

Advertise your job ad
    Search jobs

    Mozambique scraps bread price hikes

    MAPUTO: Mozambique will reverse an increase in the price of bread that sparked deadly rioting last week, and restore some subsidies for electricity and water, the planning minister said on Tuesday (7 September 2010).

    After an emergency cabinet meeting, planning minister Aiuba Cuereneia read out a statement saying government would "maintain the previous price of bread through the introduction of a subsidy."

    Cabinet also agreed to scale back an increase in the electricity prices charged to most consumers, and will also withdraw increases in water prices, he added.

    The price hikes kicked off three days of rioting last week that left 13 dead and about 400 injured, with 286 people arrested, according to government.

    Source: AFP

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz