WATCH: Food for thought on CompCom’s price hike criticism

Business Day TV spoke to an agricultural economist Thabile Nkunjana

SA consumers are increasingly concerned about the local economy and having to pay more tax. Picture: 123RF/stokkete
SA consumers are increasingly concerned about the local economy and having to pay more tax. Picture: 123RF/stokkete

The Competition Commission has come under fire for calling some food price hikes “opportunistic”. Sticky inflation, an energy crisis and climate change are largely behind the uptick in food prices.

Business Day TV spoke to Thabile Nkunjana, agricultural economist in the agro-food chains markets and economic research division of the National Agricultural Marketing Council, for his take on the matter.

Or listen to full audio

Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Comment icon

Related Articles