The latest Household Affordability Index from the Pietermaritzburg Economic Justice & Dignity Group [PMBEJD] shows that the price of a basic household food basket is up by 13.6% year-on-year in June. This basket now costs R4 688 and is a R560 increase from a year ago. Read: SA consumer confidence plunges While many of the 44 food items tracked in the basket will not be in the trolleys or Sixty60 bags of Moneyweb readers, this is the lived experience of the majority of South Africans.
SA’s cost of living remains unaffordable for many Data for the baskets is collated by women off the “shelves of 44 supermarkets and 30 butcheries that target the low-income market and which women identified as those they shop at in the areas where they live”. It notes that “food selection at the supermarket shelves mirrors how women themselves make decisions at the supermarket shelves given affordability constraints viz.
SouthAfricansP1 Ridiculous. We could grow thousands of hectares of sunflower, rapeseed and palm, expand our processing capacity, and thereby increase our vegetable oil output to major export capacity. Should our commercial farmers be allowed to prosper, and be protected from anarchy.
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