Drought takes a bite out of fruit & veg
The fallout from South Africa's lowest rainfall since records began has started to bite into the quality of foodstuffs being offered by some retailers.
A Pick n Pay store in Durban has advised its customers that its fruit and vegetables are not up to the usual standards due to the severe drought caused by the El Niño weather pattern.
Pick n Pay's admission has been backed by primary producers of fruit...
SARB cuts repo rate by 25 basis points as inflati…
The South African Reserve Bank (SARB) has lowered the repo rate by 25 basis points, bringing it down from 7.00% to 6.75%. Governor Lesetja Kganyago announced the unanimous decision following Thursday’s Monetary Policy Committee (MPC) meeting, which…
Relief at the pumps as fuel prices fall
Motorists to see welcome relief as both petrol and diesel costs decline. South African drivers can expect a bit of financial respite this week, with fuel prices dropping from Wednesday, 5 November.
Beef and Pork prices soar as food inflation edges…
South Africans are paying significantly more for meat, with prices reaching their steepest climb in seven years, according to the latest data from Statistics South Africa (Stats SA).
Ramaphosa calls on major retailers to help lower…
President Cyril Ramaphosa has urged South Africa’s major supermarket chains to do more to make food affordable and avoid anti-competitive behaviour that drives up costs.
Petrol price could tumble to three-year low in No…
By: Jason Woosey - IOL
Following moderate fuel price movements in October, South African motorists can expect more substantial petrol and diesel price decreases from the beginning of November.