Fruits and vegetables continued to surge BUT MEAT

Loading player...
GUEST: MERVYN ABRAHAMS, PROGRAMME COORDINATOR PIETERMARITZBURG ECONOMIC JUSTICE AND DIGNITY GROUP (PMBEJD)

The latest food basket data from the Pietermaritzburg Economic Justice and Dignity group (PMBEJD) shows that meat prices were generally the only foods to come down in price over the last year – while fruits and vegetables continued to surge.

According to the PMBEJD, its nutritional basket of foods has increased by another R30 in September and will set consumers back R5,155.77.

This is R31.43 (0.6%) higher than August 2023, and almost R350 higher than the same basket in September 2022.

The basket comprises 44 food items that feature in the monthly shopping of the majority of South African households and gives an indication of real price shifts at a retail level in the country, even when compared to the official inflation rate.
28 Sep 2023 5PM English South Africa Business News · Investing

Other recent episodes

Sasfin Wealth’s rebrand to Otto1890

Erol Zeki, CEO of Otto1890 (formerly known as Sasfin Wealth), joins us to talk about the group’s strategic shift beyond the branding. The group is looking to tap into private market opportunities, amongst other things.
30 Mar 5PM 17 min

SA’s producer price outlook deteriorates sharply

Producer price inflation showed signs of easing in January, according to data from Stats SA. Economists from Nedbank say the outlook has deteriorated sharply, and Johannes Khosa explains why…
30 Mar 5PM 11 min

Careers Corner – Are degrees still relevant in SA’s job market

South Africa’s youth unemployment crisis has raised concerns about the validity of chasing a degree to secure employability. Professor Linda du Plessis, Senior Deputy Vice-Chancellor, North-West University, argues that there is still value with the right approach by educators.
30 Mar 5PM 12 min

Middle East-driven energy shock for Africa

We explore how the Middle East-driven global energy shock is reshaping Africa’s fuel security, what it means for businesses and consumers, and whether the crisis could accelerate a shift toward more resilient, local energy solutions. For more on this, we caught up with NJ Ayuk, CEO of the African Energy…
30 Mar 5PM 12 min