Tag: prices
No end in sight as prices continue to soar
Chicken prices have seen sharp increases over the past few years with no signs of slowing. In the past year alone, the price of frozen chicken portions has risen 9% on top of...
Skyrocketing fuel prices cannot solely be blamed on the Ukraine war, economist says
Momentum Investments economist, Sanisha Packirisamym, says the ongoing conflict between Russia and Ukraine is largely to blame for skyrocketing fuel prices, however, she says there are a few pre-existing issues that...
Food price inflation pushes millions into poverty – the time to act is now
The continued steep rise in food price inflation, from 3.4% in 2019 to 5.7% at the beginning of this year, remains a major concern for South Africa, as it is exacerbating...
SA sees significant food hikes across the board
FIFTEEN (15) out of the 17 food items which are considered the core foods that should reasonably be found in most South African homes increased in price this month with price...
Global food prices dip in December
The Food and Agriculture Organisation of the United Nations (FAO) has reported that world food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from...
Coffee bean prices have doubled in the past year and may double again –...
International Coffee Day feels very different this year. Introduced by the International Coffee Organization (ICO) on 1 October 2015 to raise awareness of the product and the challenges faced by producers, the day...
Get ready for higher petrol prices in July
South African motorists should prepare themselves to pay more at the pumps in July, with month-end data from the Central Energy Fund (CEF) showing a sizeable under-recovery in fuel prices.
The CEF...
Food prices in South Africa are up in recent months – here’s what you...
The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group (PMBEJD) paints a bleak financial picture for South African households, where rising food, petrol and electricity prices threaten...
Global food prices rise by 3.9%
Global food commodity prices rose sharply in November to their highest level in nearly six years, according to a benchmark United Nations report released today.
The FAO Food Price Index averaged 105.0...
Grain prices determined by market
"The producers of agricultural products are not responsible for improving the profitability of the value chain outside the farm gate because most agricultural products are traded in a futures or an...
MUST READ
Transport Month panel discussion tackles Cape Town’s congestion conundrum
The City’s Urban Mobility Directorate kicked off Transport Month with a panel discussion around Cape Town’s congestion conundrum at the Concourse in the Civic...