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.

Pin It

Related Articles

Despite ongoing economic pressures, South African consumers turned out in record numbers to capitalise on Black Friday deals, driving notable growth in payment volumes and showcasing a clear preference for digital payment platforms and online shoppi…
By: Dieketseng Maleke - IOL South Africa's Retail Sector Shows Promise for Final Quarter of 2024, Despite Economic Challenges
By: Given Majoba – IOL Business The South African Poultry Association (SAPA) has made a pressing plea for the removal of the 15% value-added tax (VAT) on certain chicken products, arguing that such a move would significantly benefit families grappl…
By: Ashley Lechman - IOL October 2024 has brought yet another challenging month for South African households, as the cost of the average food basket rose by R92,97, costing R5 348,65.
By: Yogashen Pillay - IOL The Pietermaritzburg Economic Justice and Dignity Group (PMBEJD) has questioned why food prices have remained stubbornly high despite favourable economic conditions.