by SAVIOUS KWINIKAJOHANNESBURG, (CAJ News) – ECONOMISTS have dissuaded South Africans from hoarding and panic buying of commodities lest the shortages triggered by property destruction and the looting of shopping malls escalates into a full-blown crisis. Sihlobo said panic buying would potentially cause problems in the South African food supply chain that would have otherwise not been there, but was unnecessary. “The food supply chains in the country (South Africa) are functional and we shouldn’t be panic buying stuff,” the Agricultural Business Chamber economist said. “But South Africans in other parts of the country that have not seen outbreaks of looting and violence should not panic about possible food shortages,” Sihlobo said. “In the near term, South Africans should not panic about the food system.

Source: The North Africa Journal July 15, 2021 14:03 UTC