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Category Archives: Food Security
Interest rates hike to affect consumers’ credit access
FacebookTwitterLinkedinemailPrintNaledi Ngcobo, SABC News, 31 March 2023 The South African Reserve Bank’s (SARB) Monetary Policy Committee’s (MPC) decision to raise interest rates will affect the way consumers and businesses can access credit and plan their finances. Read More
SARB expected to increase repo rate
FacebookTwitterLinkedinemailPrintRisha Maduray, SABC News, 30 March 2023 Economists are expecting the South African Reserve Bank (SARB) to increase interest rates by 25 basis points at its Monetary Policy Committee meeting on Thursday. Read More
Food retailers pricing being scrutinised
FacebookTwitterLinkedinemailPrintRisha Maduray, SABC News, 29 March 2023 The Competition Commission has warned that food retailers will face prosecution at the Competition Tribunal, should it find that pricing laws were breeched. Read More
SA consumers surviving on credit in cost-of-living crisis
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 28 March 2023 Another report has confirmed that South African consumers are living on credit to survive the cost-of-living crisis. Read More
Food price increases ‘unjustified’, says Competition Commission
FacebookTwitterLinkedinemailPrintOrrin Singh, Sowetan Live, 28 March 2023 As South Africans tried to recover from the negative economic impact of Covid-19, the prices of sunflower oil, white and brown bread and maize meal were “opportunistically” and “unjustifiably” increased from January to … Continue reading
Joburg hawkers hope to be included in probe of fresh produce prices
FacebookTwitterLinkedinemailPrintVeronica Mokhoali, Eyewitness News, 24 March 2023 Street vendors in the City of Joburg are calling on the Competition Commission to not exclude them in their probe into market conditions of the fresh produce supply chain in the country. Read … Continue reading