Businesses urged to engage fresh produce market inquiry

Posted on March 23, 2023 by Augustus Consulting

Ernest Mabuza, Sowetan Live, 23 March 2023

The Competition Commission’s fresh produce market inquiry will start on March 31 and is expected to be completed in 18 months. Read More

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Load shedding to blame for 13.6% food inflation, says economist

Posted on March 23, 2023 by Augustus Consulting

Nokukhanya Mntambo, Eyewitness News, 23 March 2023

Economists said the latest inflation reading came as a surprise – following previous decreases in the rate. Read More

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Water crisis more critical than SA is led to believe

Posted on March 23, 2023 by Augustus Consulting

Reitumetse Makwea, The Citizen, 23 March 2023

Despite warnings that South Africa will run out of water by 2030, experts and activists say the country is likely to experience a severe drought before then. Read More

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Interest rate hike inevitable: Economists

Posted on March 23, 2023 by Augustus Consulting

SABC News, 23 March 2023

Economist Azar Jammine is among his counterparts that have predicted that the Reserve Bank will raise interest rates by at least 25 basis points next week. Read More

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IMF warns South Africa economy risks stagnation

Posted on March 23, 2023 by Augustus Consulting

AFP, 22 March 2023 21:53

South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the International Monetary Fund warned Wednesday. Read More

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Surge in inflation: Food prices hit highest levels since 2009

Posted on March 22, 2023 by Augustus Consulting

Ina Opperman, The Citizen, 22 March 2023

The inflation rate for February increased again for the first time in four months to 7,0% from 6,9% in January, but the most alarming statistic for February is that food inflation was the highest since April 2009 when it was 13,6%. Read More

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