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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.

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