CAPE TOWN – South Africa will announce policies in October to ensure administered prices set by the government do not add to inflation, President Thabo Mbeki said on Friday.
“The government will lead the process of ensuring that administered prices do not unnecessarily add to the general costs of production and the inflationary pressures in our economy,” Mbeki told parliament. “Our policies in this regard will be announced by October this year.”Mbeki was speaking to parliament in an annual state-of-the-nation address marking South Africa’s 10th anniversary of democracy.-Nampa-Reuters”Our policies in this regard will be announced by October this year.”Mbeki was speaking to parliament in an annual state-of-the-nation address marking South Africa’s 10th anniversary of democracy.-Nampa-Reuters
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