Latest News & Developments
groceries
Save money on groceries: Effective strategies for the budget-conscious shopper
Her are effective strategies to cut your grocery bills without compromising on quality or nutrition.
Competition Commission report | Shoppers spending less on pilchards, eggs and maize
Amid fluctuating prices and climate impacts, the latest Essential Food Pricing Monitoring Report reveals crucial insights into South Africa's food market dynamics.
Cereal recall | Shoprite and Checkers issue recall for cereal products over labelling concerns
Shoprite, Checkers, Usave, and OK Foods have urgently recalled all cereal products from Heartland Foods.
From cravings to convenience: how late-night grocery shopping is revolutionising the game
Discover how South African retailers like Woolworths are transforming late-night grocery shopping with convenient delivery services, making it easier than ever to get your essentials after dark.
Egg production stabilises post HPAI-outbreaks, prices to fall this year
South Africa's egg production is on the rise as the poultry industry recovers from recent HPAI outbreaks, leading to anticipated lower selling prices. Quantum Foods highlights the challenges and strategies implemented to mitigate risks in their operational update
WATCH: Cape Town delivery bikers show true brotherhood on the roads
They’re affectionately called ‘the biggest biker club in South Africa’ but the truth is no one quite understands how hard it is being a delivery biker except another delivery biker. And true to form, poignant moments across the internet are popping up to prove this brotherhood.
RCL Foods’ share price surges following positive interim earnings forecast
The improved headline earnings was largely due to gains in Groceries and Baking, and a partial recovery of the additional levy raised by the South African Sugar Association (SASA) in the 2023 financial year, on the Sugar business unit, as a result of Tongaat Hulett and Gledhow suspending payment of their industry obligations.
Income inequality ‘a ticking time bomb’
Recent data reveals that white-headed households in South Africa earn nearly five times more than their black African counterparts, prompting Cosatu to warn of a looming inequality crisis.
Filling up an average food basket cost R5 433,70 in January
In December last year, the food basket cost R5 383,38 and a year ago in January 2024, it cost R5 324,86 in January 2024.
Local poultry sector rebounds thanks to import protection
The South African Poultry Association said that imposing anti-dumping duties on chicken products has helped the local industry to recover.
Online shopping soars as Black Friday spending rises despite economic strain
Black Friday 2024 proved to be a mixed bag for both consumers and retailers, with early reports indicating that the weekend was a success, although spending patterns reflect SA’s ongoing economic challenges.
Black Friday 2024: South Africans seek deals to combat rising living costs
Debt Rescue released the results from their latest survey, which reflected the dire situation of South Africans right now, with a staggering 83% of consumers saying they will be hunting for Black Friday deals to put more food on the table this year.
Consumers urged to tread carefully despite easing food inflation
During October, the nominal cost of the NAMC’s 28-item urban food basket amounted to R1 296. 49 compared to the R1 288. 81 reported in September. This represents a monthly increase of 0. 6% and a year-on-year increase of 6. 1%.
SARB cuts interest rate: too late for South African households?
The South African Reserve Bank's recent interest rate cut has sparked debate among industry leaders about its timing and effectiveness in alleviating financial pressures on households.
SARB takes a cautious approach as global economic pressures weigh on interest rate decision
Frank Blackmore, Lead economist at KPMG told Business Report that there was no argument between MPC members in deciding on a 25 basis point cut to the repo rate.
‘This is not our product’: Lucky Star sets record straight on counterfeit canned pilchards
Lucky Star now says that investigators and third-party experts have tested the product.
Black Friday: Record spending and foot traffic in South Africa for 2023
Black Friday 2023 marked a turning point in South African shopping habits, with record-setting foot traffic and a significant surge in consumer spending.
Probe into spaza shop pies supply after suspected food poisoning of five-year-old Cape boy
City health inspectors have undertaken an investigation into the supply of frozen pies to a spaza shop in Kensington, after a suspected case of food poisoning affecting a five-year-old child sparked concern.
Checkers mini trolley: Swap or pay up to R1,000 for the highly sought-after missing piece
The demand has sparked a frenzy among collectors. Those with duplicates are selling the trolley to the highest bidder, while those without are eager to buy.
Pick n Pay sees “encouraging progress” in turnaround in spite of widening losses
Pick n Pay Group CEO Sean Summers has forecasted a 50% reduction in full-year trading losses. The retailer's transformation includes store closures, Boxer's upcoming listing, and improved like-for-like sales growth.
Cosatu welcomes drop in inflation but urges swift rate cut action from SARB
South Africa's inflation rate has dropped dramatically to 3. 8%, marking its lowest point since March 2021. As struggling households welcome this relief, Cosatu is pushing for aggressive interest rate cuts from the Reserve Bank.
WATCH: Checkers partners with LIFT Airlines to debut one-of-a-kind delivery service
Retail giant, Checkers has partnered with LIFT Airlines for a one-of-a-kind special delivery service.
Food prices soar as average household basket rises by R92,97 in October
October brings a stark reminder of the rising costs facing South African households, with food baskets increasing by R92,97, as consumers struggle to make ends meet.
Food prices present challenges in spite of inflation falling to 3. 5-year low
According to Stats SA data, the primary contributors to this food inflation increase are bread and cereals, vegetables, and fruits.
Price of average food basket increases by R92,97 in October
This was according to the the October 2024 Household Affordability Index, which tracks the prices of 44 basic foods from 47 supermarkets and 32 butcheries.