The Competition Commission has warned consumers could be facing what it believes to be “opportunistic price increases” for staple foods in SA
The findings are contained in the latest Essential Food Pricing Monitoring Report, released by the Commission on Wednesday.
These include wide farm-to-retail spread in prices, large price differences between regions for basic fresh produce, growing margins at the processor and retailer level. The Commission’s previous two reports had also noted that annual inflation in edible oils and fats was significantly higher than overall food inflation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Food prices go up, but never come down – and the Competition Commission wants to know whyThe South African Competition Commission has noted a sharp increase in staple foods in South Africa – which may be at risk of price gouging by retailers.
Read more »
Local artist continues to keep his uncle's legacy alive | Boksburg Advertiser𝗛𝗲𝗻𝗱𝗿𝗶𝗸𝘀, 𝘄𝗵𝗼 𝗶𝘀 𝗮𝗹𝘀𝗼 𝗮𝗻 𝗮𝘄𝗮𝗿𝗱-𝘄𝗶𝗻𝗻𝗶𝗻𝗴 𝗮𝗿𝘁𝗶𝘀𝘁, 𝘀𝗮𝗶𝗱 𝗵𝗶𝘀 𝗽𝗮𝘀𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝗮𝗿𝘁 𝗯𝗲𝗴𝗮𝗻 𝗮𝗳𝘁𝗲𝗿 𝗺𝗮𝘁𝗿𝗶𝗰𝘂𝗹𝗮𝘁𝗶𝗻𝗴.
Read more »
BREAKING NEWS: Consumer inflation hits 13-year highInflation accelerated further in July, driven mainly by rising fuel and food prices
Read more »
KFC hires a PI to catch fake food inspector who eats free at its storesFast-food franchise KFC says it has hired a private investigator to crack down on an alleged fake food inspector soliciting free food from its stores across the country.
Read more »
KFC hires a PI to catch fake food inspector who eats free at its storesFast-food franchise KFC says it has hired a private investigator to crack down on an alleged fake food inspector soliciting free food from its stores across the country.
Read more »