Latest News & Developments
Her are effective strategies to cut your grocery bills without compromising on quality or nutrition.
Amid fluctuating prices and climate impacts, the latest Essential Food Pricing Monitoring Report reveals crucial insights into South Africa's food market dynamics.
Shoprite, Checkers, Usave, and OK Foods have urgently recalled all cereal products from Heartland Foods.
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.
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
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.
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.
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.
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.
The South African Poultry Association said that imposing anti-dumping duties on chicken products has helped the local industry to recover.
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.
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.
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%.
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.
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.
Lucky Star now says that investigators and third-party experts have tested the product.
Black Friday 2023 marked a turning point in South African shopping habits, with record-setting foot traffic and a significant surge in consumer spending.
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.
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 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.
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.
Retail giant, Checkers has partnered with LIFT Airlines for a one-of-a-kind special delivery service.
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.
According to Stats SA data, the primary contributors to this food inflation increase are bread and cereals, vegetables, and fruits.
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.