‘Food price increases are coming,’ warns Boxer CEO
Impact of higher diesel and fuel prices will start to be felt, but not across the board.
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Impact of higher diesel and fuel prices will start to be felt, but not across the board.
For South African households, one of the most immediate impacts of the conflict will be rising food prices.
The cost of the basic household food basket increased from approximately R4 051 in January 2021 to around R5 401 by January 2026.
Those who earn minimum wage usually have a little more than R2 000 left after paying for transport and electricity.
When Brent crude oil spikes, petrol prices follow within weeks. That means higher transport, food and retail costs.
Rising fuel costs could affect everything - freight prices, docking fees, tourism, food, transport and factories, the energy regulator says.
The cost of the average household food basket decreased by R17.63 in February.
Bobtail, Catmor, Ultra Pet, and Optiwoof are some of the brands affected.
It is not only research that shows that more people cannot afford to feed their families a nutritious diet. Low-income consumers see food disappear from their plates every day.
Imagine your food cupboards are empty and your children are hungry. This is the reality of about 18 million people in South Africa every day.
A rise in the cost of school fees, uniforms, stationary, transport and food have less than half parents optimistic about the coming years.
Low-income consumers only saved a few rands on food in December and now they have to face January with all its expenses.
Women from low-income communities track the prices of 44 basic food items for the Household Affordability Index at 47 supermarkets and 32 butcheries where they shop.
Food prices are still too high and force most South Africans to cut nutritious food from their household grocery baskets
While most of us already battle to make ends meet, low-income consumers have to cut nutritious food from their household food basket.
Shoprite said it is not looking to compete in the fast-food industry, but merely offering its customers convenience
Super Group says that if logistics challenges are not addressed, companies will be forced to increase prices.
Ugandan startup Munakyalo Agrofresh is helping farmers avoid post-harvest losses by preventing food spoilage via solar-powered cold storage and preservation stations. Formed in May 2021 in the Kyaka 2 refugee settlement in western Uganda, Munakyalo Agrofresh provides its Cold Hives to smallholder…