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Soaring maize prices squeeze South African consumers, stoke inflation - Vimarsana News

Soaring maize prices squeeze South African consumers, stoke inflation

5/28/2021 * Staple white maize up 28% year-on-year * Meat prices rise on higher feed costs, less slaughtering By Tanisha Heiberg JOHANNESBURG, May 28 (Reuters) - Elevated prices for the staple food maize are putting pressure on cash-strapped South African consumers still reeling from the coronavirus pandemic and fanning food price inflation. A global run in the price of maize driven by higher import demand from China, droughts in South America and dry conditions in parts of the United States and Canada has raised local maize prices despite expectations of a bumper 2020/2021 domestic maize cro...

Food prices climb again, here's how much a basket of basic will set you back... - Vimarsana News

Food prices climb again, here's how much a basket of basic will set you back...

Food prices climb again, here's how much a basket of basic will set you back... 17 May 2021 12:18 PM Share This: The Pietermaritzburg Economic Justice and Dignity Group (PMBEJD)'s has released its latest Household Affordability Index. A basket of basic essentials costs R340 more than it did in September. That's an increase of 8.9%. It means the average cost of a household food basket in South Africa is currently R4 198,93. By comparison, a month's salary (based on 19 working days) for a general worker on minimum wage is R3 296,88. The findings come from the Pietermaritzburg Economic Justic...

City of Joburg withdraws controversial proposal for prepaid electricity surcharge - Vimarsana News

City of Joburg withdraws controversial proposal for prepaid electricity surcharge

Critics said the proposed monthly levy on Johannesburg residents using prepaid electricity, which has now been withdrawn, would have punished already overburdened households and businesses.

Skyrocketing food prices leading to a struggle at the till - Vimarsana News

Skyrocketing food prices leading to a struggle at the till

Skyrocketing food prices leading to a struggle at the till The rest of the country is trying to get back to normal, but poor people are struggling more than ever, eating less and buying less nutritional food. Source Tuesday, 04 May 2021, 07:05 The women expect the next few months are going to be very difficult with the prices of everything already extremely high and continuing to increase. BUSINESS NEWS - Poor people are getting hungrier while the rest of the country is trying to return to some kind of normal. Moth...

Food costs continue to rise: Household Affordability Index - Vimarsana News

Food costs continue to rise: Household Affordability Index

The latest Household Affordability Index says women are only buying essential foods at the cheapest prices and cutting back on their own nutritional needs.

Source: enca.com