Retailers warned over opportunistic pricing of basic foods

Mpho Sibanyoni, Sowetan Live, 25 August 2022

The Competition Commission has noted that retailers had a tendency of buying loaves of bread at a cheaper rate from manufacturers but failed to pass on the discounts to consumers, charging them almost R5 more for a loaf of white bread. Read More

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Inflation to stay above 6% until end of 2022: Economists

SABC News, 24 August 2022

South Africa’s Consumer Price Inflation has continued its upward trajectory. Read More

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Annual consumer price inflation hits 13-year high as it rises to 7.8% in July

Kgomotso Modise, Eyewitness News, 24 August 2022

South Africa’s consumer price inflation has hit a 13-year high of 7.8%. Read More

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South Africa has no long-term solution or vaccines for Foot and Mouth Disease

Sipho Mabena, The Citizen, 24 August 2022

South Africa’s current 21-day ban on cattle movement, meant to curb the spread of Foot and Mouth Disease (FMD), has been slammed as a senseless and drastic move with the potential to ruin the entire red-meat value chain, and unavoidable ripple effects on meat prices. Read More

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Youth unemployment continues to rise

Nomazima Nkosi, Sowetan Live, 24 August 2022

While unions are expected to go on a national march today to highlight the plight of the high cost of living and job losses, former statistician-general Dr Pali Lehohla says the government hasn’t shown any will to deal with high youth unemployment. Read More

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Unemployment rate for the second quarter, edged lower to 33.9% from 34.5%

SABC News, 23 August 2022

Statistics South Africa has released the unemployment rate for the second quarter, which edged lower to 33.9% from 34.5% in the first quarter. Read More

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