Skip to main content

Makro helps South Africans make ends meat with August price freeze

| Economic factors

Makro, South Africa’s leading value-for-money retailer, has implemented a meat price freeze on selected products until 31 August 2023 to help South African households combat the country’s rising cost of living.

The price freeze follows Stats SA’s recently revealed increase in meat inflation to 11.4%, the highest annual increase for meat since February 2018.

Katherine Madley, Vice President of Brand Marketing at Massmart, says the price freeze aims to alleviate consumers' financial burden caused by the rising cost of meat products – a dietary staple for most South Africans. “We understand the economic hardships our customers face. That's why we have decided to implement a butchery price freeze to support households nationwide, providing much-needed relief to our valued customers and ensuring they can continue to access quality meat products at stable and affordable prices.”

The selection of products on the price freeze includes:

  • Bulk Lean Beef Mince – R79 per kg
  • Bulk Pork Pack – R45 per kg.
  • Bulk 6 Pack Beef Potjiekos – R79 per kg
  • Big BBQ Braai 20 Portions per +/- 2 Kg box – R59 per kg

“We hope our price freeze will create stability and predictability for our customers' budgets and contribute to fostering a sense of community and trust. We understand that every cent counts in this current economy. That's why we want to empower our customers to navigate these tough times comfortably", concludes Madley.

The price freeze has been implemented at all Makro stores nationwide.


Related Articles

Official fuel prices for December: margin hikes...

By: Jason Woosey - IOL The Department of Mineral Resources and Energy (DMRE) has announced the official petrol and diesel price adjustments for December.

South Africans predicted to spend R224bn this f...

According to the results from the sixth annual Summer Spending Survey by short-term lender Wonga, South Africans are expected to spend an estimated R224 billion over this year’s festive season.

Grocery budgets: Say goodbye to these foods as ...

By: IOL Business Fried chips, potato salad, baked or roasted potatoes, and stews and curries with potatoes – whichever your favourite, you may have to do without if you have any hope of spending less on groceries in the coming weeks. And don’t p...

Black Friday shoppers spent R4.5bn, with jewell...

By: TimesLive Black Friday 2023 levels reflected tougher economic conditions in South Africa, but sales totalled R4.5bn.

December fuel price outlook is good news for bo...

By: IOL With a week to go until December’s fuel price sums are finalised, the outlook is positive for both petrol and diesel.