Sub-Saharan Africa’s reliance on imported oil leaves countries exposed to economic shocks amid the escalating Middle East conflict. Rising crude and LNG prices threaten import…
Dangor said the US argument that if one G20 member was absent from the leaders summit, then there could be no consensus, had been voted down
Director general Ngozi Okonjo-Iweala said South Africa’s G20 presidency highlighted the importance of trade within WTO rules and reforming the system through local mineral…
Presidency spokesperson Vincent Magwenya said countries understood ‘that there’s a bilateral issue between South Africa and the US, but that must not, in any shape or form,…
In an apparent reference to US President Donald Trump’s absence, Ramaphosa warned against allowing ‘anything to diminish the value, the stature or the impact of the first African…
The panel, chaired by Nobel prize-winner economist Joseph Stiglitz, will produce recommendations to help bridge the rich-poor divide
This is the lowest reading for inflation in South Africa since April 2021
The Competition Commission has said that practises by fertiliser, agrochemical and seed companies may also distort competition
The central bank has maintained the key repo rate at 8.25% since hiking it by 50 basis points in May 2023 This content is restricted to registered users and subscribers. Get Your…
A Centre for Risk Analysis index measuring the ingredients used in making porridge shows that wages are not keeping pace with prices
The favourable rainfall and an expected increase in the planting area bodes well for agriculture
The M&G’s basic food basket survey shows that supermarket prices don’t always drop when those at fresh produce markets do
World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
The knock-on projection for local food prices is positive
The Pietermaritzburg Economic Justice and Dignity Group has said the cost of nutritious food is already unaffordable for poor households
In the wake of a food affordability crisis, prices at retail level are not controlled and the government is at arm’s length
The livelihoods of people selling produce are being threatened by the high food prices
Fresh produce markets in cities around the country provide people with a cheaper shopping alternative, but not many cash-strapped households are aware of the benefits of cutting…
In its latest essential food pricing monitoring report, the Competition Commission notes consumer prices were slow to come down despite easing inflation. Blame load-shedding?
Regardless of the instability of world production, there are strong reasons to feel optimistic about grocery prices
