Tag: price

South Africans welcome the StatsSA announcement that inflation has fallen to 3.8%, the lowest since March 2021. However, this decrease will not necessarily lead to immediate price reductions. As a result, consumers will keep searching for specials, loyalty programmes, and discounts. These strategies help them stretch their money further.

There’s an old saying "there are two sides to every story". And the current battle over the question of chicken import duties and tariff rebates serves as a case in point. While the issue may be complex, there is a potentially simple solution: extend the rebate for those products that are critical for lower income families and manufacturing, where they add the greatest value for local businesses and consumers.

The Competition Commission has aroused the ire of mainstream economists and analysts with its latest Essential Food Pricing Monitoring Report for 2021 to 2022. It has charged the maize as well as the meat and poultry markets with ‘excessive pricing’.  This time, even the halls of academia through the likes of Prof. Johan Kirsten of Stellenbosch University, shook in disagreement.