Economic Factors

/Economic Factors

The rand is now the world’s most undervalued currency – here’s where it should be

The rand is now the world's most undervalued currency - here's where it should be Source: The rand is now the world's most undervalued currency – here’s where it should be

By | 2020-07-16T12:22:37+00:00 July 16th, 2020|Economic Factors|0 Comments

Food price changes during South Africa’s lockdown – here’s what you are paying more for

Food price changes during South Africa’s lockdown – here’s what you are paying more for Source: Food price changes during South Africa’s lockdown – here’s what you are paying more for

By | 2020-07-15T11:31:09+00:00 July 15th, 2020|Economic Factors, Fresh Fruit & Veg|0 Comments

Here’s how much the average price for a household food basket has increased in South Africa

Here’s how much the average price for a household food basket has increased in South Africa Source: Here’s how much the average price for a household food basket has increased in South Africa

By | 2020-07-02T12:29:55+00:00 July 2nd, 2020|Economic Factors|0 Comments

Food prices skyrocket. Justice group slams economic policy

Food prices in five supermarkets have skyrocketed, painting a gloomy picture for poor families who were not able to afford enough nutritious food even before the impact of the Covid-19 coronavirus. Source: Food prices skyrocket. Justice group slams economic policy

By | 2020-04-29T11:23:43+00:00 April 29th, 2020|Economic Factors|0 Comments

South Africans are spending less on their weekly shopping trip

South African shoppers are spending less, but are still stretching their wallets, according to Tiger Brand’s interim report for the six months ending March 2019. Source: South Africans are spending less on their weekly shopping trip

By | 2019-05-29T14:48:30+00:00 May 29th, 2019|Consumer Trends, Economic Factors|0 Comments

Poultry producer Astral wants chicken to be VAT free

Chicken should be exempt from value-added tax (VAT), poultry producer Astral said in a media release on Thursday. The increase in VAT to 15% in April from the 14% it had been for the past 25 years would hurt consumers who relied on chicken for their main source of protein, Astral argued. Source: Poultry producer [...]

By | 2018-05-17T08:59:36+00:00 March 26th, 2018|Economic Factors|0 Comments

Sugar tax may be first of several ‘health promotion’ measures

The introduction of the euphemistically called ‘health promotion tax’ – a tax on sugary drinks – is expected to generate around R2 billion in tax revenue. The tax becomes effective next month (April 1) and it seems more “health promotion measures” may be heading South Africans’ way. Source: Sugar tax may be first of [...]

By | 2018-05-17T08:03:40+00:00 March 20th, 2018|Economic Factors|0 Comments

Economic slowdown drives beverage innovation among bottom-end retailers

Like so many other sectors, the South African beverage market has not escaped the effects of the country's economic slowdown. In 2015/16, it experienced just 1.6% volume growth, compared to the 4.1% recorded in the same period the previous year. Source: Economic slowdown drives beverage innovation among bottom-end retailers

By | 2018-03-29T13:01:14+00:00 January 29th, 2018|Beverages, Economic Factors, Retailer News|0 Comments