food priceslatest news & developments
Shoprite Group's South African grocery stores were the top performers during the 2026 financial year. It said the SA stores segment added R15.2 billion in sales for the year, higher by 7.1% at R228.7bn compared to the previous year.
RETAIL
Breaking News

Shoprite lifts full-year dividend 11.8% as sales rise in a tight consumer economy

Shoprite reported a 12.5% increase in adjusted headline earnings per share to R15.79 for the year ended 28 June, while group sales rose 7.1% and the full-year dividend increased…

  • Twanda Karombo
3 min read
Higher sales volumes at Rainbow Chicken, an optimal product mix, firm front-end pricing and lower commodity input costs underpinned revenue growth and earnings for the year to June 28, 2026.
CHICKEN
Breaking News

Rainbow Chicken expects festive-season demand to support poultry prices

Rainbow Chicken expects seasonal demand and improved consumer spending to support poultry prices after headline earnings rose sharply in the year to 28 June 2026.

  • Tawanda Karombo
3 min read
The rand strengthened, producer and consumer inflation eased, and the average food basket became cheaper in August. But looming fuel increases and subdued salary growth mean household relief may be limited.
PPI

Sunday Review: Inflation eases and food basket costs fall, but fuel hikes loom

The rand strengthened, inflation eased and the food basket fell in August, but higher fuel costs and weak salary growth may limit household relief.

  • Ashley Lechman
  • Yogashen Pillay
6 min read
R99 for a bag of onions? As prices jump 21%, behavioural economists explain why hikes on everyday staples trigger far more outrage than luxury splurges.
INFLATION

Onion prices surge 21%: Inside the mental squeeze on SA budgets

From winter harvest delays to consumer psychology: why price spikes on kitchen staples hit household budgets far harder than discretionary luxuries.

  • Lutho Pasiya
3 min read