SARB expected to increase repo rate

Posted on March 30, 2023 by Augustus Consulting

Risha 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

Posted in Food Security | Tagged , , | Leave a comment

Joburg water woes: ‘imminent risk’ of global crisis warning hits close to home

Posted on March 29, 2023 by Augustus Consulting

Veronica Mokhoali, Eyewitness News, 29 March 2023

Government said that while urbanisation, ageing infrastructure, and climate change were impacting the country’s water supply, universal water provision was still a major problem. Read More

Posted in Water Security | Tagged , , | Leave a comment

Food retailers pricing being scrutinised

Posted on March 29, 2023 by Augustus Consulting

Risha 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

Posted in Food Security | Tagged , , | Leave a comment

SA consumers surviving on credit in cost-of-living crisis

Posted on March 28, 2023 by Augustus Consulting

Ina 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

Posted in Food Security | Tagged , , | Leave a comment

Food price increases ‘unjustified’, says Competition Commission

Posted on March 28, 2023 by Augustus Consulting

Orrin 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 December 2022. Read More

Posted in Food Security | Tagged , , | Leave a comment

Gauteng residents resort to alternative water supply amid continued outages

Posted on March 28, 2023 by Augustus Consulting

Tamika Gounden, Eyewitness News, 28 March 2023

Parts of Gauteng were still experiencing large-scale water outages, as maintenance work continued at some of its water systems. Read More

Posted in Water Security | Tagged , , | Leave a comment