South Africa's food inflation rose slightly to 1.1% in August following an eight-month downward trend, influenced by higher prices for fish, pork, and other staples.
Concerns over poultry and red meat supplies should not have a bearing in the long term
More than a quarter of children under the age of five in the country are chronically malnourished
With inflationary pressures heightened, the Reserve Bank might take a cautionary approach regarding its interest rate decision on Thursday
The ban raised global food insecurity fears in 2023, but improved harvests and potential policy changes have eased concerns, benefiting import-dependent countries like South Africa
The grocery retailer grew online volumes by 463%, albeit from a low base
The country will reap the fruits of its favourable agricultural season
Regardless of the instability of world production, there are strong reasons to feel optimistic about grocery prices
The inflation rate fell for a third consecutive month, as petrol price cuts provided some welcome relief
With food and petrol prices rocketing, impoverished people sacrifice nutritious food for starches that keep them full, leaving children malnourished and adults prone to disease
The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.
High turnover makes the food shops in central Johannesburg survive.
The Reserve Bank has decided to keep interest rates on hold in the face of a deteriorating global growth outlook and load-shedding.
The consumer price index for urban areas in Rwanda has risen by almost 3% due and this has been attributed partly to higher food prices.
Zambia’s inflation has slowed to its lowest rate in at least 10 years, mainly due to a bumper maize crop that led to low prices of the staple.
